The Nigerian Stock Exchange closed in the green, for the second day in a row. The All Share Index closed today’s trading at 30,773.57 basis points, up 0.09%. Year to date, the index is down 2.09%

Top Gainers and Losers 

Beta Glass Plc was the best performing stock today. The stock gained 10% to close at N66.

ABC Transport Plc was next. The stock appreciated by 8.33% to close at N0.39, resuming an uptick in price from last week.

Consolidated Hallmark Insurance Plc rounds up the top three gainers for today. The stock gained 6.90% to close at N0.31.

On the flip side, AG Leventis Plc was the worst performing stock today. The stock declined by 6.90% to close at N0.27. NAHCO Plc shed 3.77% to close at N3.32. Unity Bank Plc rounds up the top losers for the day, declining by 3.23% to close at N0.82.

 Top Trades By Volume  

Guaranty Trust Bank Plc was the most actively traded stock today. 49.2 million shares valued at N1.6 billion traded in 174 deals. Zenith Bank Plc was next with 20.7 million shares valued at N473 million traded in 327 deals. FBN Holdings Plc rounds up the top three most actively traded stocks for today. 18.8 million shares valued at N140 million traded in 238 deals.

Corporate Action

CHI lists additional shares 

Consolidated Hallmark Insurance today listed 1.1 billion additional shares following the conclusion of a private placement.

The company’s outstanding shares have thus increased from 7,000,000,000 to 8,130,000,000 ordinary shares of 50 kobo each.

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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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