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Home Business News

MTN Nigeria takes over the Stock Market with its exceeding trades

Inimfon Asifa by Inimfon Asifa
May 22, 2019
in Business News, Company News, Stock Market
Investors lose N713 billion in Nigerian Stock Exchange, Bargain hunting in stock market
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The Nigerian Stock Exchange ended Wednesday’s trading session in positive territory. The All Share Index closed at 31,145.15 basis points, up 3.07%.

Year to date, the index is down 0.19%.

Top Gainers and Losers: MTN Nigeria Plc was the best performing stock today. The stock gained 9.98% to close at N144.85. The stock has been appreciating since it was listed. Vitafoam Nigeria Plc gained 9.82% to close at N4.25. Dangote Cement Plc rounds up the top three gainers for today with 9.73% gain to close at N203.

RelatedPosts

Aliko Dangote’s wealth drops to $19 billion, now 80th world’s richest

Dangote Cement shareholders lose N409 billion on sell pressure

On the flip side, Law Union & Rock Insurance Plc was the worst performing stock, declining by 9.09% to close at N0.40. Ecobank fell by 8.50% to close at N9.15. Japaul Oil Plc rounds up the top three losers for the day. The stock shed 8.33% to close at N0.22.

Top Trades by Volume: MTN Nigeria Plc was the most actively traded stock today. 93.7 million shares valued at N13.5 billion were traded in 464 deals. United Bank for Africa was next with 22.3 million shares valued at N218 million traded in 472 deals. Guaranty Trust Bank Plc rounds up the top three most actively traded stocks today with 16.5 million shares valued at N516 million traded in 318 deals.

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