Nigerian Stock Stock

The Nigerian Stock Exchange (NSE) ended Thursday’s trading session in negative territory. The All-Share Index closed at 27,252.72 basis points, down 0.25%. Year to date, the index is down by 13.29%.

Top Gainers

UAC of Nigeria Plc was the best-performing stock today. The stock gained 10% to close at N5.50. UACN Property Development Company Plc also gained 10% to close at N0.99. Cadbury Nigeria Plc gained 6.45% to close at N9.90. Okomu Oil Palm Plc also gained 6.13% to close at N44.15. Nigerian Aviation Handling Company Plc rounded off the top five gainers for today. The stock gained 6.12% to close at N2.60.

Top Losers

On the flip side, Ikeja Hotel Plc was the worst-performing stock, declining by 9.30% to close at N1.17. Honeywell Flour Mill Plc fell by 7.07% to close at N0.92. PZ Cussons Plc fell by 5.08% to close at N5.60. Fidelity Bank Plc fell by 3.75% to close at N1.54. LASACO Assurance Plc rounded off the top five losers for the day. The stock shed 3.57% to close at N0.27.

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Top Trades by Volume

Guaranty Trust Bank Plc was the most actively-traded stock today. 35 million shares valued at N925.8 million were traded in 141 deals. FBN Holdings Plc was next with 12.2 million shares valued at N55 million traded in 297 deals, followed by Guinness Nigeria Plc with 10 million shares valued at N377.7 million traded in 41 deals.

Zenith Bank Plc was next with 8.9 million shares valued at N156.6 million traded in 222 deals. Transnational Corp of Nigeria Plc rounded off the top five most actively traded stocks today with 6.2 million shares valued at N6.2 million traded in 46 deals.

Corporate Actions

Oando Plc notified the general public that the NNPC/NAOC/OANDO Joint Venture (NNPC 60%, Oando 20% and NAOC the operator 20%), had made a significant gas and condensate find in the deeper sequences of the Obiafu-Obrikom fields, in OML61, onshore Niger Delta.

Tripple Gee & Company Plc notified the general public that its 29th Annual General Meeting would hold at the MUSON Center, 8/9, Marina Road, Onikan, Lagos State on September 16, 2019, by 10 am.

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