Chartered Institute of Stockbrokers, Nigerian Stock Exchange, NSE

The Nigerian Stock Exchange closed in the red today. The All Share Index ended today’s trading session at 31,636.66 basis points, down 0.90 %. Year to date, the index is up 0.66% 

Top Gainers and Losers 

Cadbury Nigeria Plc was the best performing stock today. The stock gained 10.00% to close at N11. Mutual Benefits Assurance Plc was next appreciating by 8.70% to close at N0.23. Nascon Allied Industries Plc rounds up the top three gainers for today, adding 8.50% to close at N20. 

 On the flip side, Cornerstone Insurance Plc was the worst performing stock today. The stock declined by 8.70% to close at N0.23. Sterling Bank Plc fell by 8.51% to close at N2.25. Abbey Building Society Plc rounds up the top three losers for today shedding 8.16% to close at N0.98 

Top Trades by Volume 

FBN Holdings Plc was the most actively traded stock today. 34million shares valued at N279million were traded in 143 Deals. Zenith Bank Plc was next with 21.3million shares valued at N484million were traded in 458 Deals.

Unity Bank Plc rounds up the top three most actively traded stocks today with 17.5million shares valued at N134million traded in 177 deals. 

Corporate Actions

Tourist Company of Nigeria Plc 

Tourist Company of Nigeria Plc in a notice to the Nigerian Stock Exchange stated it would be filing its full-year 2018 results late. The company had raised some concerns pertaining to the material uncertainty of a going concern and sent the audited results to the Financial Reporting Council of Nigeria (FRCN).

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

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