The Nigerian Stock Exchange (NSE) ended Friday’s trading session in negative territory. The All-Share Index closed at 27,306.81 basis points, down 0.43%. Year to date, the index is down by 13.12%.
Top Gainers: Continental Reinsurance Plc was the best-performing stock today. The stock gained 9.45% to close at N1.39. Custodian and Allied Insurance Plc also gained 9.09% to close at N6. Wapic Insurance Plc gained 8.33% to close at N0.39. Wema Bank Plc gained 5.26% to close at N0.60. Lafarge Africa Plc rounded off the top five gainers for today. The stock gained 4.53% to close at N15.
Top Losers: On the flip side, AIICO Insurance Plc was the worst-performing stock, declining by 10% to close at N0.63. Consolidated Hallmark Insurance Plc fell by 9.09% to close at N0.30. Unity Bank Plc fell by 8.57% to close at N0.64. AG Leventis & Company Plc fell by 6.90% to close at N0.27. Honeywell Flour Mill Plc rounded off the top five losers for the day. The stock shed 5% to close at N0.95.
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Top Trades by Volume: Guaranty Trust Bank Plc was the most actively-traded stock today. 129 million shares valued at N3.4 billion were traded in 149 deals. Zenith Bank Plc was next with 34.9 million shares valued at N577 million traded in 523 deals, followed by Transnational Corp of Nigeria Plc with 10.2 million shares valued at N8.8 million traded in 159 deals.
United Bank of Africa Plc was next with 8 million shares valued at N45 million traded in 137 deals. Sterling Bank Plc rounded off the top five most actively traded stocks today with 4.4 million shares valued at N9.7 million traded in 69 deals.
Corporate Action
Forte Oil Plc notifies the general public of its 40th Annual General Meeting which will hold on September 3, 2019, by 10 am at Bespoke Event Center Lekki-Ajah Expressway, Lagos.
Oando Plc notifies the general public of the appointment of Dr Ainojie Alex Irune as an Executive Director of the Company effective August 9, 2019.