December begins on a negative note on the NSE

Nigerian Stock Exchange Trading Floor

The Nigerian Stock Exchange (NSE) began trading in the month of December on a negative note. The All Share Index closed at 30,798.76 basis points, down 0.24%. Year to date, the index is down 19.47%.

Top Gainers and Losers

Jaiz Bank was the best performing stock today. The stock gained 10% to close at N0.44. Diamond Bank, which was the worst performing stock last week, changed places today as it gained 9.23% to close at N0.71. Learn Africa rounds up the top three gainers for the day with a 8.62% gain to close at N1.26.

Bua group

On the flip side, Continental Reinsurance was the worst performing stock today. The stock shed 10% to close at N1.80. MRS Oil declined by 9.98% to close at N25.70. AXA Mansard rounds the top three losers for today. The stock fell by 9.90% to close at N1.82.

Top Trades by Volume

The top three most traded stocks all came from the banking space. FCMB was the most actively traded stock today with 30.5 million shares valued at N47.7 million traded in 189 deals. Diamond Bank was next with 19.2 million shares valued at N13.6 million traded in 34 deals. FBN Holdings rounds up the top three with 18.2 million shares valued at N132 million traded in 212 deals.

Corporate Actions 

Lafarge Africa Plc

Facts behind the figures session earlier scheduled for today has been postponed. A new date will be announced.

Nigerian Breweries Pc 

The Board of Nigerian Breweries will meet on Wednesday the 5th of December 2018. Items on the agenda include a change in the composition of the board. The company will inform the NSE of any changes on the board after the meeting.

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