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Nairametrics
Home Business News

Seplat hits 52 week low as All Share Index drops

Onome Ohwovoriole by Onome Ohwovoriole
January 21, 2019
in Business News
Key highlights from Seplat’s ‘Facts Behind The Figures’ session
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The Nigerian Stock Exchange (NSE) began this week’s trading session on a negative note. The All Share Index closed at 30,732.72 basis points, down 0.88% Year to date, the index is down 2.22%

Top Trades by Volume

The three most actively traded stock came from the banking space, as investors position ahead of the release of results. Diamond Bank led the pack with 239 million shares valued at N497 million traded in 173 deals. Guaranty Trust Bank was next with 119 million shares valued at N3.7 billion traded in 603 deals. Zenith Bank rounds up the top three most actively traded with 26.1 million shares valued at N563 million traded in 464 deals.

Top Gainers and Losers

Linkage Assurance Plc was the best performing stock today. The stock gained 8.93% to close at N0.61. ABC Transport appreciated by 7.41% to close at N0.29. Cement Company of Northern Nigeria added 7.17% to close at N26.90.

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Etranzact was the worst performing stock today. The stock shed 8.71% to close at N3.25. Seplat shed 7.99% to close at a 52 week low of N530. Resort Savings and Loans declined by 7.69% to close at N0.24

 


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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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