The Nigerian Stock Exchange (NSE) ended Tuesday’s trading session in negative territory. The All Share Index closed at 27,820.57 basis points, down 0.46%. Year to date, the index is down by 11.49%.
Top Gainers and Losers: Mutual Benefits Assurance Plc was the best performing stock today. The stock gained 10% to close at N0.22. Ikeja Hotel Plc gained 8.96% to close at N1.46. Unity Bank Plc gained 8.62% to close at N0.63. Vitafoam Nigeria Plc gained 5.13% to close at N4.30. Julius Berger Plc rounded off the top five gainers for today. The stock gained 3.59% to close at N18.75.
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On the flip side, Japaul Oil & Maritime Services Plc was the worst-performing stock, declining by 8.70% to close at N0.21. Nigerian Breweries Plc fell by 8.33% to close at N55. LASACO Assurance Plc fell by 8.11% to close at N0.34. Wema Bank Plc fell by 3.23% to close at N0.60. Transnational Corp of Nigeria Plc rounded off the top five losers for the day. The stock shed 3.03% to close at N0.96.
Top Trades by Volume: Guaranty Trust Bank Plc was the most actively-traded stock today. 22.2 million shares valued at N640 million were traded in 166 deals. United Bank for Africa Plc was next with 21.2 million shares valued at N123 million traded in 209 deals, followed by Zenith Bank Plc with 14.9 million shares valued at N276 million traded in 339 deals.
FBN Holdings Plc was next with 12 million shares valued at N67 million traded in 188 deals. African Alliance Insurance Plc rounded off the top five most actively traded stocks today with 10 million shares valued at N2 million traded in 2 deals.
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Corporate Action
Forte Oil Plc notifies the general public of the appointment of Mr Oladenide Nelson-Cole as Acting Company Secretary and General Counsel.
Dangote Cement Plc has released its financial statements for the period ended June 30, 2019. Revenue dipped from N482 billion in 2018 to N467 billion in 2019. Profit Before Tax decreased from N185 billion in 2018 to N155 billion in 2019. Profit After Tax increased from N113 billion in 2018 to N119 billion in 2019.
