The Nigerian Stock Exchange (NSE) ended Thursday’s trading session in negative territory. The All-Share Index closed at 27,425.57 basis points, down 0.66%. Year to date, the index is down by 12.74%.
Top Gainers: Continental Reinsurance Plc was the best-performing stock today. The stock gained 9.79% to close at N1.57. Africa Prudential Plc gained 8.57% to close at N3.80. Forte Oil Plc gained 6.82% to close at N16.45. Neimeth International Pharmaceuticals Plc also gained 6.38% to close at N0.50. Livestock Feeds Plc rounded off the top five gainers for today. The stock gained 5% to close at N0.42.
Top Losers: On the flip side, UAC of Nigeria Plc was the worst-performing stock, declining by 9% to close at N4.55. Flour Mills of Nigeria Plc fell by 5.59% to close at N13.50. UACN Property Development Company Plc fell by 5.38% to close at N0.88. Courteville Business Solutions Plc fell by 4.76% to close at N0.20. Cornerstone Insurance Plc also rounded off the top five losers for the day. The stock shed 4.55% to close at N0.21.
Top Trades by Volume: Zenith Bank Plc was the most actively-traded stock today. 19 million shares valued at N353.4 million were traded in 368 deals. Lafarge Africa Plc was next with 17.6 million shares valued at N250.7 million traded in 68 deals, followed by Access Bank Plc with 15 million shares valued at N96.8 million traded in 142 deals.
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Neimeth International Pharmaceuticals Plc was next with 6.9 million shares valued at N3.2 million traded in 16 deals. Guaranty Bank Plc rounded off the top five most actively traded stocks today with 5.7 million shares valued at N155.8 million traded in 173 deals.
Corporate Actions
Zenith Bank Plc notified the general public that the payment date for dividend has been changed to September 4, 2019.
Guinness Nigeria Plc has released its financial statements for the period ended June 30, 2019.
Revenue decreased from N142.9 billion in 2018 to N131.4 billion in 2019.
Profit before Tax dipped from N9.9 billion in 2018 to N7.1 billion in 2019.
Profit for the year also decreased from N6.7 billion in 2018 to N5.4 billion in 2019.
PZ Cussons Plc has released its financial statements for the period ended June 30, 2019.
Revenue decreased from N80.5 billion in 2018 to N74.3 billion in 2019.
Profit before Tax dipped from N8.2 billion in 2018 to N2.2 billion in 2019.
Profit for the year also decreased from N1.9 billion in 2018 to N1.1 billion in 2019.
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