The Nigerian Stock Exchange (NSE) ended Tuesday’s trading session in positive territory. The All Share Index closed at 28,144.87 basis points, down 1.21%. Year to date, the index is up 10.45%.
Top Gainers and Losers: Neimeth International Pharmaceuticals Plc was the best performing stock on Tuesday. The stock gained 10% to close at N0.55. Lafarge Africa Plc gained 9.92% to close at N14.40. Nigerian Aviation Handling Company Plc gained 9.36% to close at N2.57. Union Bank of Nigeria Plc gained 6.20% to close at N6.85. Wapic Insurance Plc rounded off the top five gainers for the day. The stock gained 5.56% to close at N0.38.
On the flip side, Forte Oil Plc was the worst-performing stock, declining by 9.93% to close at N18.15. International Breweries Plc also fell by 9.80% to close at N13.80. Cornerstone Insurance Plc fell by 9.09% to close at N0.20. Linkage Assurance Plc fell by 8.62% to close at N0.53. Ikeja Hotel Plc rounded off the top five losers for the day. The stock shed 8.22% to close at N1.34.
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Top Trades by Volume: Guaranty Trust Bank Plc was the most actively traded stock on Tuesday. 15.6 million shares valued at N453 million were traded in 212 deals. Lafarge Africa Plc was next with 12.1 million shares valued at N218 million traded in 290 deals, followed by Sterling Bank Plc with 11.9 million shares valued at N26.9 million traded in 25 deals. United Bank of Africa Plc was next with 6.2 million shares valued at N35.5 million traded in 166 deals. United Capital Plc rounded off the top five most actively traded stocks with 6.1 million shares valued at N12.6 million traded in 77 deals.
Corporate Actions
Conoil Plc announced its 49th Annual General Meeting which will be held at Meriden Ibom Hotel and Golf Resort, Uyo, Akwa-Ibom State on August 16, 2019 by 11.00am.
Lafarge Africa Plc notified the general public of the appointment of Mr. Marco Licata as a Non-Executive Director on the Board of Lafarge Africa Plc with took effect on July 21, 2019.
