Home Front Page NSE opens the week on a positive note

NSE opens the week on a positive note


The Nigerian Stock Exchange continued its bullish streak from last week. The All Share Index ended today’s trading session at 31,781.87 basis points, up 0.80%. Year to date, the index is up 1.12%.

Top Gainers and Losers 

The top three best-performing stocks all gained 10%. Cadbury gained 10% to close at N11. LASACO gained 10% to close at N0.33. Oando Plc rounds up the top three gainers, closing at N5.50.  

On the flip side, C&I Leasing was the worst performing stock. The stock shed 9.96% to close at N8.14. Medview Airlines declined by 8.11% to close at N1.70. Total Nigeria Plc rounds up the top three losers, dropping by 7.20% to close at N205.  

Top Trades by Volume  

Access Bank was the most actively traded stock today. 101 million shares valued at N700 million were traded in 326 deals. UBA was next with 69.9 million shares valued at N547 million traded in 463 deals. Diamond Bank rounds up the top three trades by volume today with 52.6 million shares valued at N125 million traded in 235 deals.  

 Corporate Actions 

Sterling Bank Plc to hold a board meeting 

Sterling Bank Plc will hold a board meeting on Tuesday the 26th of February 2019. The board will consider the bank’s audited financial statements for the 2018 financial year, as well as issues pertaining to dividends as well as date and venue of its Annual General Meeting.  

Royal Exchange Plc  

Royal Exchange Plc will hold an emergency board meeting on Thursday, February 14, 2019. The board will consider among other issues, the update on a proposed investment in the company.  

Dangote Cement fixes board meeting  

Dangote Cement Plc will hold a board meeting on Monday, February 25, 2019. Agenda is to consider the company’s full-year results. In the notice, the company also stated that the results will be submitted to the Nigerian Stock Exchange (NSE).

Access Bank adjusts EGM time  

Access Bank has moved the take off time for its Extra Ordinary General Meeting (EGM) holding on the 5th of March 2019 from 10:00AM to 1:00PM.  


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Understanding Mutual Fund Fees

INSIGHT: Why you really should consider investing in mutual fund today

A Mutual Fund is a Trust or Company that pools money from many investors and invests in a specified class of securities such as stocks, bonds, real estate or a balanced mix of asset classes.
Ellah Lakes appoints new Managing Director, Ellah Lakes appoints Chuka Mordi, Ellah Lakes acquires Telluria Limited, Nigerian Stock Exchange NSE

NSE has placed these 34 companies on red alert

Authorities of the Nigerian Stock Exchange (NSE) has placed red alerts on some 34 quoted companies as a disciplinary measure for breaching some of its extant rules.
Union Bank shareholders endorse N54.4bn balance sheet reduction

Union Bank’s shareholders approve N54.5 billion capital restructuring

Union Bank of Nigeria shareholders recently approved the proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.