Today’s trading session ended on a positive note as the All Share index closed at 35,426.21 basis points, up 0.63%. Year to date, the index is down 7.37%

Top Gainers and Losers

Skyebank was the best performing stock in today’s trading session, closing at N0.57, up 9.62%. Closely following was NewrestASL which closed at N5.30, p 9.28%. Japaul Oil and Maritime rounds up the top 3 gainers as it closed at N0.26, up 8.33%

On the flip side, University Press Limited led the losers chart closing at 2.07, down 10%. Africa Prudential Plc lost 8.64% to close at N3.70. Regency Alliance Insurance closed down at N0.22 8.33%

Bua group

Top Trades by Volume

UBA Plc led the top trades by volume in today’s trading session as 253 million shares worth N1.3 billion were traded in 298 deals. NEM insurance was next on the list with 93 million shares valued at N279 million traded in 18 deals. ETI (Ecobank) rounds up the top 3 trades by volume as 21 million shares valued at N439 million were traded in 48 deals.

Corporate Actions

Universal Insurance Plc

Universal Insurance Plc will hold a board meeting on August 30 2018. Items on the agenda include its 48th Annual General Meeting (AGM) and the NAICOM recapitalization policy.

GSK Consumer Nigeria

GSK Consumer Nigeria announced the appointment of Debra Mallowah and Basel Nizzameddin as Non-Executive directors.

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