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All Share Index closes in the red as Oando tops volume chart

Onome Ohwovoriole by Onome Ohwovoriole
November 21, 2018
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 today’s trading session on a negative note. The All Share index closed at 31,969.79 basis points down 0.78 %. Year to date, the index is down 16.40%

Top Gainers 

11 Plc (formerly known as Mobil Oil Nigeria Plc) was the best performing stock today. The stock closed at N165, up 10%. Prestige Assurance was next with a 9.84% gain, closing at N0.67. Union Diagnostics and Clinical Services rounds up the top three gainers for today with an 8.70% gain to close at N0.25.

On the flip side, Unity Bank was the worst performing stock today. The stock declined 8.60%, closing at N0.85. Jaiz Bank shed 8.16% to close at N0.45. Cement giant Lafarge Wapco rounds up the top three losers for the day. The stock fell by 6.25% to close at N15.

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Top Trades by Volume 

Oando Plc displaced banking stocks which are usually the top three most traded stock by volume. 58.5 million shares valued at N298 million were traded in 64 deals. Zenith Bank was next with 23.9 million shares valued at N577 million traded in 286 deals. FCMB rounds up the top three trades with 21.6 million shares valued at N33.1 million traded in 187 deals.

 


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Tags: Oando PlcOn the Money
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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