The Nigerian Stock Exchange closed in the red today. The All Share Index ended today’s trading session at 31,042.32 basis points, down 0.31%. Year to date, the index is down 1.24%
Top Gainers and Losers
Red Star Express Plc was the best performing stock today. The stock gained 10% to close at N5.50. University Press Plc was next appreciating by 8.11% to close at N2.00. Stanbic Ibtc Bank Plc rounds up the top three gainers for the day, adding 6.59% to close at N48.50.
On the flip side, Academy Press Plc was the worst performing stock today. The stock declined by 8.33% to close, at a five year low of N0.33.
Consolidated Hallmark Insurance Plc fell by 6.90% to close at N0.27. Access Bank Plc rounds up the top three losers for today, shedding 6.57% to close at N6.40.
Top Trades by Volume
Guaranty Bank Plc was the most actively traded stock today. 46 million shares valued at N1.4 billion were traded in 238 deals. Access Bank Plc was next with 18.5 million shares, valued at N121 million traded in 289 deals. FBN Holdings Plc rounds the top three most actively traded stocks today. 16.4 million shares, valued at N134 million were traded in 185 deals.
Access Bank has announced the appointment of Chizoma Okoli as Executive Director, Business Banking division. Prior to her appointment, she was an Executive Director Business Development in Diamond Bank. The two banks became a single entity last week.
UACN Property Development Company has announced a delay in the release of its full year financial statements to May 10, 2019. The company’s auditors have indicated a paragraph on material uncertainty related on going concern will be included in their audit opinion. They have thus submitted a copy of the statements alongside a memorandum to the Financial Reporting Council (FRC) for review.