NSE records 18.18% decline in banks' market capitalisation

The Nigerian Stock Exchange ended Friday’s trading session in positive territory. The All Share Index closed at 27,919.50 basis points, down 0.20%. Year to date, the index is down 11.17%.

Top Gainers and Losers: Abbey Mortgage Bank Plc was the best performing stock today. The stock gained 10% to close at N0.99. Forte Oil Plc gained 9.81% to close at N20.15. Honeywell Flour Mill  Plc gained 9.78% to close at N1.01. Unity Bank  Plc gained 8.47% to close at N0.64. Access Bank Plc rounded off the top five gainers for today after gaining 6.67% to close at N6.40.

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On the flip side, McNichols Consolidated Plc was the worst-performing stock, declining by 10% to close at N0.45. Fidson Healthcare Plc fell by 9.89% to close at N4.10. Cutix Plc fell by 9.70% to close at N1.49. Courteville Business Solutions Plc fell by 9.09% to close at N0.20. Union Diagnostic & Clinical Services Plc rounds off the top five losers for the day. The stock shed 8.33% to close at N0.22.

Top Trades by Volume: United Bank of Africa Plc was the most actively traded stock today. 45.2 million shares valued at N249 million were traded in 302 deals. Access Bank Plc was next with 42.7 million shares valued at N259 million traded in 311 deals, followed by FBN Holdings Plc with 41.9 million shares valued at N238 million traded in 193 deals. Guaranty Trust Bank Plc was next with 26.6 million shares valued at N777 million traded in 243 deals. Courteville Business Solutions Plc rounds off the top five most actively traded stocks today with 20.1 million shares valued at N4 million traded in 28 deals.

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