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Nigerian Stock Exchange, NSE: Return of the Bulls, Bulls reign at the bourse as stocks gain N460.69 billion on Wednesday, Okomu, UACN, Ekocorp top gainers list on Friday, Stock Market closed the week bullish as ASI grew 0.94% , Investors gain N41.94 billion on Tuesday as Bulls make rebound, NSE: Bearish trade costa investors N12.2 billion on Tuesday, NEM, Mansard, First Bank lead gaining stocks as ASI grew 0.61%, Nigerian bourse breathes a sigh of relief, index up 0.17%, Bulls charged Nigerian bourse, ASI Index up 1.09% investors gain N128.49 billion, Bulls stage comeback has ASI up 0.19%, investors gain N21.86 billion, Bulls gain momentum, as stimulus package lifts global financial markets, Bulls dominate Nigerian bourse investors gain N162 billion

The NSE continues its bearish run in today’s trading session

Adaobi Nnadiukwu by Adaobi Nnadiukwu
4 years ago
in Business News, Markets, Stock Market
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The Nigerian Stock Exchange (NSE) ended Tuesday’s trading session in negative territory. The All-Share Index closed at 27,602.77 basis points, down 0.32%. Year to date, the index is down by 12.18%.

Top Gainers: PZ Cussons Nigeria Plc was the best-performing stock today. The stock gained 5.93% to close at N6.25. Courteville Business Solutions Plc also gained 5% to close at N0.21. Cement Company Of Northern Nigeria Plc gained 3.57% to close at N14.50. Chams Plc gained 3.57% to close at N0.29. Wema Bank Plc rounded off the top five gainers for today. The stock gained 3.45% to close at N0.60.

Top Losers: On the flip side, Seplat Plc was the worst-performing stock, declining by 9.82% to close at N397.70. Neimeth International Pharmaceuticals Plc also fell by 9.62% to close at N0.47. NPF Microfinance Bank Plc fell by 9.52% to close at N1.14. Ecobank Transnational Inc fell by 9.15% to close at N6.95. Trans-Nationwide Express Plc rounded off the top five losers for the day. The stock shed 9.09% to close at N0.70

[READ MORE: NSE closes negatively again as Unity Bank, UAC join worst performing stocks]

Governor Fayemi explores investment options with the capital market

Top Trades by Volume: Transnational Corps of Nigeria Plc was the most actively-traded stock today. 29.66 million shares valued at N31.7 million were traded in 99 deals. Guaranty Trust Bank Plc was next with 25.17 million shares valued at N692.24 million traded in 310 deals, followed by Access Bank Plc with 19.2 million shares valued at N128.51 million traded in 202 deals.

MTN Nigeria Plc was next with 17 million shares valued at N2.35 billion traded in 155 deals. FBN Holdings Plc rounded off the top five most actively traded stocks today with 15.62 million shares valued at N78 million traded in 263 deals.

Corporate Actions

Med-View Airline Plc dismissed a publication on Businessday that it had suspended its operation because its planes were undergoing maintenance. The airline said the information was misleading.

UAC of Nigeria Plc entered an agreement with Imperial Logistics as Imperial Logistics increased its stakes in MDS Logistics, (a subsidiary of UACN) from 49% to 57%, by acquiring an additional 8% shareholding from UAC.

[READ MORE: NSE closes this week trading in negative territory]


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Tags: Medview Airline PlcNigerian Stock Exchange (NSE)PZ Cussons Nigeria PlcSeplat PlcTransnational Corps of Nigeria PlcUAC of Nigeria plc
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