The Nigerian Stock Exchange ended Wednesday’s trading session in positive territory. The All Share Index closed at 29.970.86 basis points, up 0.76%.
Year to date, the index is down 4.64%.
Top Gainers and Losers
Access Bank Plc was the best performing stock today. The stock gained 9.92% to close at N6.65. Chams Plc gained 9.09% to close at N0.36. First Aluminium Plc rounds up the top three gainers for today. The stock gained 8.57% to close at N0.38.
On the flip side, Trans-Nationwide Express Plc was the worst performing stock today. The stock declined by 9.76% to close at N0.74. UAC-Properties Development Plc fell by 9.64% to close at 1.50. ABC Transport Plc rounds up the top three losers for the day. The stock shed 8.33% to close at N0.33.
Top Trades by Volume
Access Bank Plc was the most actively traded stock today. 39 million shares valued at N259 million were traded in 564 deals. United Bank of Africa Plc was next with 24 million shares valued at 218 million traded in 165 deals. FCMB Plc rounds up the top three most actively traded stocks today. 10 million shares valued at N20 million were traded in 22 deals.
Corporate Actions
Nigerian Aviation Handling Company Plc released its financial results for the year ended December 31, 2018. Revenue increased from N7.9 billion in 2017 to N9.8 billion in 2018. Profit before Tax dropped from N600 million in 2017 to N503 million in 2018. Profit after tax dropped from N775 million in 2018 to N196 million.
Guaranty Trust Bank Plc released its financial statements for the first quarter eneded March 31, 2019. Net interest income dipped from N59.7 billion in 2018 to N58.2 billion in 2019. Profit before Tax increased from N52.6 billion in 2018 to N57 billion. Profit after Tax also increased from N44.7 billion in 2018 to N49.3 billion in 2019.
Jaiz Bank‘s Board of Directors will consider the bank’s first-quarter results on or before April 29, 2019.
