The Nigerian Exchange Limited (NGX) experienced a positive trading session as market capitalization increased by N238.37 billion, driven by strong demand for Seplat Energy Plc and 20 other stocks. Seplat Energy's share price rose by 10 percent, contributing to the overall market gain. The NGX All-Share Index advanced by 0.15 percent to close at 246,388.22 basis points, with month-to-date and year-to-date returns at +0.9 percent and +58.3 percent respectively. Sectoral performance was mixed, with the oil and gas index gaining 2.2 percent while insurance, banking, and consumer goods indices declined.
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