The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session in negative territory. The All-Share Index closed at 28,088.74 basis points, down 0.20%. Year to date, the index is down 10.63%.

Top Gainers: Japaul Oil & Maritime Services Plc was the best performing stock today. The stock gained 10% to close at N0.22. BOC Gases Plc gained 9.98% to close at N5.07. CI Leasing Plc gained 9.89% to close at N5. SEPLAT Petroleum Development Company Plc gained 9.38% to close at N525. Consolidated Hallmark Insurance Plc rounds off the top five gainers for today. The stock gained 7.14% to close at N0.30.

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Top Losers: On the flip side, Unity Bank Plc was the worst-performing stock, declining by 9.38% to close at N0.58. Prestige Assurance Company Plc also fell by 6.25% to close at N0.45. Sovereign Trust Insurance Plc fell by 4.76% to close at N0.20. Jaiz Bank Plc fell by 4.55% to close at N0.42. UAC of Nigeria Plc rounds off the top five losers for the day. The stock shed 4.24% to close at N5.65.

Top Trades by Volume: Guaranty Trust Bank Plc was the most actively traded stock today. 33.5 million shares valued at N971 million were traded in 230 deals. United Bank of Africa Plc was next with 30.7 million shares valued at N173 million traded in 290 deals, followed by Zenith Bank Plc with 22.8 million shares valued at N428 million traded in 325 deals. Sterling Bank Plc was next with 11.4 million shares valued at N26 million traded in 20 deals. Transnational Corp of Nigeria Plc rounds off the top five most actively traded stocks today with 9.3 million shares valued at N9.4 million traded in 131 deals.

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Corporate action

11 Plc has released its financial statements for the period ended June 30, 2019. Revenue increased from N85.9 million in 2018 to N92.8 million in 2019. Profit before Tax dipped from N8 million in 2018 to N6.1 million in 2019. Profit after Tax also dipped from N5.4 million in 2018 to N4.1 million in 2019.


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