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Home Business News

Diamond Bank trades heavy volumes as bears retreat

Onome Ohwovoriole by Onome Ohwovoriole
February 14, 2019
in Business News
CCNN/ Kalambaina Cement merger - Nigeria stock excahnge, Analysis: BUA Cement's concrete merger
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The Nigerian Stock Exchange returned to positive territory in today’s trading session. The All Share Index closed at 32,453.69 basis points, up 0.12% Year to date, the index is up 3.26%

Top Gainers and Losers

Livestock Feeds Plc gained 10% to close at N0.66. ABC Transport Plc also gained 10% to close at N0.44. Unity Bank Plc rounds up the top three gainers appreciating by 9.62% to close at N1.14.

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On the flip side, Union Bank Plc was the worst performing stock today. The stock shed 8.03% to close at N6.30. Oando Plc declined by 5.17% to close at N5.50. Dangote Flour Plc rounds up the top three losers for today. The stock shed 4.57% to close at N8.35.

Top Trades By Volume

Diamond Bank Plc was the most actively traded stock today. 97.1 million shares valued at N233 million were traded in 104 deals. Transcorp Plc was next with 41.1 million shares valued at N64.1 million traded in 248 deals. Zenith Bank Plc rounds up the top three most actively traded stocks 40.2 million shares valued at N997 million were traded in 449 deals.


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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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