The Nigerian Stock Exchange ended today’s trading on a strongly positive note. The All Share Index closed at 31,005.17 basis points up 1.38%. Year to date, the index is down 1.35%
The massive appreciation recorded today was largely due to the positive performance of Dangote Cement which gained 4.9%
Top Gainers and Losers
Regency Alliance Insurance gained 10% this week to close at N0.22. Neimeth International Pharmaceuticals appreciated by 9.87% this week to close at N0.67. Union Bank rounds up the top three gainers for the day appreciating by 9.76% to close at N6.75.
On the flip side, Berger Paints was the worst performing stock today. The stock shed 9.88% to close at N7.75. Livestock Feeds was next dropping by 9.43% to close at N0.48. Beta Glass rounds up the top three losers for the day shedding 8.79% to close at N55.
Top Trades by Volume
Diamond Bank was the most actively traded stock today with 72.1 million shares valued at N151 million traded in 120 deals. Zenith Bank was next with 49.6 million shares valued at N1 billion traded in 734 deals. Guaranty Trust Bank rounds up the top three most actively traded with 46.2 million shares valued at N1.4 billion traded in 363 deals.
Corporate Actions
Stanbic IBTC Holdings PLC (the Company) has announced the appointment of Mr. Barend Johannes Kruger as a Non Executive Director with effect from 18 January 2019 following the receipt of all required regulatory approvals.
Access Bank Plc
Access bank Plc has clarified media reports that hinted at a N150 billion green bond issue in 2021.
The tier two lender, stated it has submitted applications to the CBN and SEC pertaining to a proposed green bond issuance up to N15 billion.
