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Home Markets Equities Stock Market

Bears maintain hold as NSE sheds 20.7% year to date

Onome Ohwovoriole by Onome Ohwovoriole
December 13, 2018
in Stock Market
Bonds, CBN

Nigerian Stock Exchange Trading Floor

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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.

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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


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Tags: MRS Oil Nigeria - NewsTRANEX
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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