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Again, MTN tops gainers’ chart as market close bullish

Inimfon Asifa by Inimfon Asifa
May 17, 2019
in Markets, Stock Market
Nigerian Stock Exchange, NSE: Return of the Bulls, Bulls reign at the bourse as stocks gain N460.69 billion on Wednesday, Okomu, UACN, Ekocorp top gainers list on Friday, Stock Market closed the week bullish as ASI grew 0.94% , Investors gain N41.94 billion on Tuesday as Bulls make rebound, NSE: Bearish trade costa investors N12.2 billion on Tuesday, NEM, Mansard, First Bank lead gaining stocks as ASI grew 0.61%, Nigerian bourse breathes a sigh of relief, index up 0.17%, Bulls charged Nigerian bourse, ASI Index up 1.09% investors gain N128.49 billion, Bulls stage comeback has ASI up 0.19%, investors gain N21.86 billion, Bulls gain momentum, as stimulus package lifts global financial markets, Bulls dominate Nigerian bourse investors gain N162 billion
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The Nigerian Stock Exchange ended Friday’s trading session in positive territory. The All Share Index closed at 28,871.93 basis points, up 1.53%.

Year to date, the index is down 8.14%.

Top Gainers and Losers: MTN Nigeria Plc was the best performing stock today. The stock gained 10% to close at N108.90. This is the second day MTN is topping the gainers’ chart.

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Cutix Plc gained 9.09% to close at N1.80. Royal Exchange Plc rounds up the top three gainers for today with a gain of 9.09% to close at N0.24.

On the losing end, Forte Oil Plc was the worst performing stock today, declining by 10% to close at N28.35. Champion Breweries Plc fell by 9.30% to close at N1.17. FCMB Plc rounds up the top three losers for the day. The stock shed 8.82% to close at N1.55.

Top Trades by Volume: Transcorp Plc was the most actively traded stock today. 58.5 million shares valued at N72.2 million were traded in 137 deals. MTN Nigeria Plc was next with 48.3 million shares valued at N218 million traded in 49 deals. UBA rounds up the top three most actively traded stocks today with 19.3 million shares valued at N117 million traded in 284 deals.


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Tags: MTN NigeriaNigerian Stock Exchange (NSE)On the MoneyTranscorp
Inimfon Asifa

Inimfon Asifa

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