Nigerian Stock Exchange, Nigerian Stocks

The Nigerian Stock Exchange (NSE) ended Tuesday’s trading session in negative territory. The All-Share Index closed at 27,058.62 basis points, down 0.21%. Year to date, the index is down by 13.91%. 

Top Gainers:Oando Plc was the best-performing stock today. The stock gained 10% to close at N3.85Transnational Corporation of Nigeria Plc also gained 10% to close at N0.99Chams Plc gained 9.52% to close at N0.23Berger Paints Plc gained 9.49% to close at N7.50UAC of Nigeria Plc rounded off the top five gainers for today. The stock gained 9.38% to close at N5.25. 

Top Losers: On the flip side, Cutix Plc was the worst-performing stock, declining by 9.62% to close at N1.41Pz Cussons Nigeria Plc fell by 8.33% to close at N5.50Union Diagnostic & Clinical Service Plc fell by 8.33% to close at N0.22May & Baker Nigeria Plc fell by 6.83% to close at N1.91Honeywell Flour Mill Plc rounded off the top five losers for the day. The stock shed 6.06% to close at N0.93. 

[READ MORE: Nigeria and the burden of debt]

Top Trades by Volume:Transnational Corp of Nigeria Plc was the most actively-traded stock today. 43.5 million shares valued at N42.7 million were traded in 152 deals. Guaranty Trust Bank Plc was next with 42.9 million shares valued at N1.1 billion traded in 304 deals, followed by Zenith Bank Plc with 34.1 million shares valued at N591 million traded in 589 deals. 

Ecobank Transnational Inc was next with 24.2 million shares valued at N148 million traded in 139 deals. FBN Holdings Plc rounded off the top five most actively traded stocks today with 6.3 million shares valued at N31.3 million traded in 199 deals. 

Corporate Actions 

The Board of Directors of Total Nigeria Plc appointed Mrs Lesley Baxter-Green as a Director of the company. The appointment took effect from the 16th of August, 2019. 

Etranzact has scheduled its 15th Annual General Meeting to hold at Colonades Hotel, 21, Alfred Rewane Road, Ikoyi, Lagos on Thursday, September 26, 2019, at 12 noon. 

LASACO Assurance Plc also scheduled its Annual General Meeting to hold at City Hall, Catholic Mission Street, Lagos Island, Lagos on Thursday, 12th September 2019 at 11:00 am. 

[READ ALSO: Emefiele vows to defend the foreign reserves over $9 billion court ruling]

 

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