NSE, Stock

The Nigerian Stock Exchange ended today’s trading session on a negative note. The All Share Index closed at 30,773.64 points, down 0.09%. Year to date, the index is down 19.53%

Top Gainers and Losers

11 Plc (formerly known as Mobil Plc) was the best performing stock today. The stock appreciated by 10% to close at ₦184.80. UAC of Nigeria Plc also added 10% to close at ₦10. NEM Insurance rounds up the top three gainers for today. The stock gained 9.88 to close at ₦2.78.

On the flip side, Veritas Kapital Assurance was the worst performing stock today, shedding 10% to close at ₦0.23. Lasaco Assurance was next, dropping by 6.25% to close at ₦0.30. Transcorp rounds up the top 3 losers for the day with a 4.90% decline, closing at ₦1.20.

Top Trades by Volume 

Guaranty Trust Bank was the most actively traded stock today. 29.7 million shares valued at ₦1 billion were traded in 303 deals. Zenith Bank is next with 24.9 million shares valued at ₦570 million traded in 284 deals.

FBN Holdings rounds up the top three most actively traded stocks with 17.3 million shares valued at ₦134 million traded in 213 deals.

Corporate Actions

Berger Paints appoints Acting Managing Director

Berger Paints Plc announced the appointment of Mrs. Modupe Oguntade, as Acting Managing Director/Chief Executive Officer of BPN, effective January 7, 2018.

She is replacing Mr. Peter Folikwe, who will be exiting the Board, having completed his four-year tenure as Managing Director. Prior to her appointment, she was the Chief Financial Officer (CFO) of the group.

Cutix Plc appoints Acting MD 

Cutix Plc has appointed Mrs. Frank Oduonye as Acting Managing Director. This follows the exit of Mr. Francis Uzodike as CEO of the firm with effect from November 1 2018.

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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