Forte Oil
L-R: Former Chairman Forte Oil Plc, Femi Otedola with the new Chairman, Abdulwasiu Sowami

The Nigerian Stock Exchange ended Wednesday’s trading session in negative territory. The All Share Index closed at 29,772.72 basis points, down 0.15%.

Year to date, the index is down 5.27%.

Top Gainers and Losers: Forte Oil Plc was the best performing stock today. The stock gained 10% to close at N34.65. NEM Insurance Plc gained 9.87% to close at N2.45. Thomas Wyatt Plc gained 9.68% to close at N0.34. Dangote Sugar Plc gained 9.09% to close at N12. Ecobank Transnational Inc rounds up the top five gainers for today. The stock gained 7.84% to close at N11.

On the flip side, Presco Plc was the worst performing stock, declining by 9.09% to close at N50. Prestige Assurance Company Plc fell by 9.09% to close at N0.50. Consolidated Hallmark Insurance Plc also fell by 9.09% to close at N0.20. AXA Mansard Insurance Plc fell by 6.28% to close at N1.79. Conoil Plc rounds up the top five losers for the day. The stock shed 5.87% to close at N21.65.

Top Trades by Volume: Forte Oil Plc was the most actively traded stock today. 973 million shares valued at N64 billion were traded in 242 deals. Prestige Assurance Company Plc was next with 53.8 million shares valued at N218 million traded in 21 deals. Etranzact International Plc was next with 42 million shares valued at N100 million traded in 2 deals. FBN Holdings Plc was next with 31.5 million shares valued at N220 million traded in 169 deals. Fidelity Bank Plc rounds up the top five most actively traded stocks today with 5 million shares valued at N94.1 million traded in 78 deals.

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