Nigerian Stock Exchange

The Nigerian Stock Exchange ended Thursday’s trading session in negative territory. The All Share Index closed at 31,254.19 basis points, down 0.17%.

Year to date, the index is down 0.56%.

Top Gainers: Livestock Feeds Plc was the best performing stock today. The stock gained 9.26% to close at N0.59. Law Union & Rock Insurance Plc gained 9.09% to close at N0.48. Sterling Bank Plc gained 8.70% to close at N2.25. Nigerian Aviation Handling Co Plc gained 6.92% to close at N3.40. Finally, Wema Bank Plc rounds up the top five gainers for today by gaining 6.45% to close at N0.66.

Top Losers: On the flip side, Japaul Oil & Maritime Services Plc was the worst performing stock, declining by 10% to close at N0.27. Berger fell by 9.52% to close at N6.65. Unilever Nigeria Plc fell by 8.01% to close at N31. Sovereign Trust Insurance Plc fell by 8% to close at N0.23. Ecobank Transnational Inc rounds up the top five losers for the day shedding 7.85% to close at N11.15.

Top Trades by Volume: Union Diagnostic & Clinical Services Plc was the most actively traded stock today. 43.36 million shares valued at N10.4 million were traded in 7 deals. United Bank for Africa Plc was next with 42.6 million shares valued at N280.2 million traded in 436 deals. Zenith Bank Plc followed with 39.11 million shares valued at N803.81 million traded in 521 deals. Next was Access Bank Plc with 34.37 million shares valued at N220.11 million traded in 327 deals. Law Union & Rock Insurance Plc rounds up the top five most actively traded stocks today with 29.57 million shares valued at N14.19 million traded in 6 deals.

Corporate Actions: Ikeja Hotel Plc notified the Nigerian Stock Exchange of the resignation of its Non-Executive Director, Waheed Olaganju. His resignation took effect from May 17, 2019.

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