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Home Business News

NSE closes in the red on eve of rescheduled elections

Onome Ohwovoriole by Onome Ohwovoriole
February 22, 2019
in Business News
Bulls take a break on the NSE after 8 straight days
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The Nigerian Stock Exchange ended today’s trading session on a negative note. The All Share Index closed at 32,568.66 basis points, down 0.12%. Year to date, the index is up 3.63%

Top Gainers and Losers

The Initiates Plc was the best performing stock today. The stock gained 8.96% to close at N0.73. Japaul Oil and Maritime Services was next appreciating by 8.70% to close at N0.25. Mc Nichols round up the top three gainers for the day adding 8.51% to close at N0.51.

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On the flip side, Cadbury Nigeria was the worst performing stock today. The stock declined by 9.57% to close at N10.40. Livestock Feeds was next dropping by 7.94% to close at N0.58. First Aluminum rounds up the top three losers for the day, shedding 6.45% to close at N0.29.

Top Trades by Volume

Diamond Bank was the most actively traded stock today. 40.7 million shares valued at N98.6 million were traded in 107 deals. Cornerstone was next with 26.6 million shares valued at N5.5 million were traded in 49 deals. Access Bank rounds up the three most actively traded with 22.6 million shares valued at N144 million traded in 166 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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  • All-Share Index posts modest 0.31% August gain — how did the sectors perform? 
  • Data consumption in Nigeria hits all-time high in July despite decline in subscriptions 
  • Recalibrating Nigeria’s tax-based incentive regime: From PSI to EDTI

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All-Share Index posts modest 0.31% August gain — how did the sectors perform? 

August 30, 2025
ICT gains N4.1 trillion in 8 months to remain largest sector

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August 30, 2025
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