The Nigerian Stock Exchange closed today’s trading on a negative note The All-share Index closed at 30,569.63 basis points, down 0.24%. Year to date, the index is down 20.07% and is at a year low.
Top Gainers and Losers
John Holt was the best performing stock today. The stock appreciated by 10%, to close at N0.44. AXA Mansard Insurance also gained 10% to close at N1.98. Forte Oil rounds up the top three gainers with a 9.79% gain to close at N24.10.
On the flip side, United Capital was the worst performing stock today. The stock shed 9.86% to close at N2.56. Seplat was next with a 9.83% decline to close at N540. Cutix Plc rounds up the top three losers with a 9.64% drop to close at N1.78.
Top Trades by volume
The three most actively traded stocks today came from the banking space. FBN Holdings was the most actively traded stock today with 25.2 million shares valued at N182 million traded in 230 deals. Access Bank was next with 24.1 million shares valued at N179 million traded in 99 deals. Fidelity Bank rounds up the top three gainers with 18.7 million shares valued at N36.6 million traded in 116 deals
Corporate Action
Transnationwide Express Plc
Transnationwide Express Plc has announced the retirement of its Chief Executive Officer Mrs. Chidinma Iheme, effective 12th of December 2018. Theodore Chikelu has been appointed Acting Chief Executive Officer