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Home Markets

Bulls maintain hold on the NSE for the fourth day

Onome Ohwovoriole by Onome Ohwovoriole
January 17, 2019
in Markets, Stock Market
Bonds, CBN

Nigerian Stock Exchange Trading Floor

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The Nigerian Stock Exchange closed in positive territory, for the fourth day in a row. The All Share Index ended today’s trading session at 30,583.21 basis points, up 0.40%.

Year to date, the index is down 2.70%.

Top Gainers and Losers 

Neimeth International Pharmaceuticals was the best performing stock today. The stock gained 9.84% to close at N0.67. NEM Insurance was next, appreciating by 9.71% to close at N2.26. Sovereign Trust Insurance rounds the top three gainers for today, appreciating by 9.09% to close at N0.24.

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On the flip side, eTranzact International was the worst performing stock today. The stock shed 9.87% to close at N3.56. Resort Savings and Loans is next, declining by 9.68% to close at N0.28. Cornerstone Insurance takes third place, dropping by 9.09% to close at N0.20.

Top Trades by Volume 

The three most actively traded stocks came from the banking space. Diamond Bank was the most actively traded stock today with 59.5 million shares valued at N125 million traded in 95 deals. Guaranty Trust Bank was next with 45.8 million shares valued at N1.4 billion traded in 256 deals.

Zenith Bank rounds up the top three most traded with 19.8 million shares valued at N603 million traded in 404 deals.


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Tags: Neimeth International Pharmaceutical PlcNEM Insurance - NewsOn the MoneyZenith Bank News
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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