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NSE closes down as PZ Cussons hits 5 year low

Onome OhwovoriolebyOnome Ohwovoriole
4 years ago
in Markets, Stock Market
Nigerian stock exchange, All share index, Nigerian bourse, Investors, Bulls gather momentum ASI up 0.48%, gained N55.3 billion, Dangote ,MTN & Gtbank hit a home run as Nigeria’s bourse continues bullish momentum
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The Nigerian Stock Exchange ended Friday’s trading session on a negative note. The All Share Index closed at 32,000.21 basis points, down 0.09%. Year to date, the index is down 15.80%.

Top Gainers and Losers 

John Holt Plc was the best performing stock today. The stock closed at N0.44, up 10%. Livestock Feeds Plc was next with a 7.69% gain to close at N0.56. NEM Insurance rounds up the top three top gainers with a 7.69% gain to close at N2.80.

On the flip side, fast-moving consumer good giant, PZ Cussons was the worst performing stock today. The stock declined by 10%, to close at a 5 year low of N9. Union Bank fell by 8.49% to close at N4.85. Oando shed 7% to close at N4.65.

Top Trades by Volume  

Access Bank was the most actively traded stock today. 16.6 million shares valued at N130 million were traded in 103 deals.

FBN Holdings was next with 16.1 million shares valued at N120 million traded in 232 deals.

Interlinked technologies Plc rounds up the top three traded stocks with 15.5 million shares valued at N55.8 million traded in 4 deals.

Corporate Actions

NSE lifts the suspension on FTN Cocoa

The Nigerian Stock Exchange today lifted a suspension placed on FTN Cocoa Processors Plc, following the submission of its results.

United Capital appoints two Non-Executive directors

United Capital Plc announced the appointment of Sonny Iroche and Stephen Nwadiuko as Non-Executive Directors effective October 2, 2018.

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Tags: NSEOn the MoneyPZ Cusson Nigeria Plc

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