Bonds, CBN
Nigerian Stock Exchange Trading Floor

The Nigerian Stock Exchange closed today’s trading session on a bearish note, continuing the trend from last week. The All Share Index closed at 31,579.52 basis points, down 0.31%.

Year to date, the index is down 17.42%

Top Gainers and Losers

PZ Cussons Nigeria was the best performing stock today. The stock closed at N11.70, up 9.8%. GSK Consumer Nigeria closed up 9.43% at N14.50. CAP Plc rounds up the top three gainers with a 9.42% gain to close at N 31.95.

On the flip side, Diamond Bank was the worst performing stock today. The stock closed at N0.86, down 9.47%. AG Leventis was next depreciating by 9.09% to close at N0.30. Ikeja Hotel rounds up the top three decliners for today. The stock fell by 8.38%, closing at N1.53

Top Trades by Volume

Unilever Nigeria Plc was the most actively traded stock today. 20.3 million shares valued at N804 million were traded in 47 deals. Zenith Bank was next with 14.4 million shares valued at N347 million were traded in 226 deals. Interlinked Technologies rounds up the top three most traded by volume with 9.5 million shares valued at N34.3 million traded in 2 deals.

Corporate Action

Continental Reinsurance Plc

The  Board of CRe Nigeria has received an offer from CRe African Investments Limited (“CRe Investments”), to acquire all the outstanding and issued shares of CRe Nigeria.

Deal book 300 x 250

 

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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