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Home Business News

The stock market ends Thursday’s trading session in negative territory

Inimfon Asifa by Inimfon Asifa
September 19, 2019
in Business News, Markets, Stock Market
Sulaimon Adedokun resumes as TRANEX Board Chairman  Dangote Cement, Zenith Bank, shares, stocks, ARM's Shares of fortune, Understanding securities lending, nigerian stock exchange, coronavirus, NSE, Bears return ASI down 0.13% as trading volumes plunge, What’s going to happen to Nigeria’s stock market in May?, What’s going to happen to Nigeria’s stock market in May?, Nigerian bourse gains N37. 26 billion, triggered by BUACEMENT, ZENITH
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The Nigerian Stock Exchange (NSE) ended Thursday’s trading session in negative territory. The All-Share Index closed at 27,646.15 basis points, down by 0.13%. Year to date, the index is down by 12.04%.

Top Gainers

UAC Nigeria Plc was the best-performing stock today. The stock gained 9.93% to close at N7.75. PZ Cussons Plc gained 9.30% to close at N7.05. Dangote Sugar Plc gained 7.65% to close at N10.55. Ecobank Transnational Inc also gained 2.27% to close at N9. Dangote Flour Plc rounded off the top five gainers for today. The stock gained 1.59. close at N22.4.

[READ MORE: NSE’s trades hit N121.99 billion in August]

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Top Losers

On the flip side, Cutix Plc was the worst-performing stock, declining by 7.79% to close at N1.42. Access Bank Plc fell by 3.25% to close at N7.45. Guaranty Trust Bank Plc fell by 1.85% to close at N29.25. Zenith Bank Plc fell by 1.81% to close at N19. United Bank for Africa Plc rounded off the top five losers for the day. The stock shed 1.57% to close at N6.25.

Top Trades by Volume

FBN Holdings Plc was the most actively-traded stock today. 71.5 million shares valued at N390 million were traded in 385 deals. Sterling Bank Plc was next with 61.5 million shares valued at N135.4 million traded in 28 deals, followed by United Bank for Africa Plc with 12.9 million shares valued at N80.9 million traded in 220 deals.

Guaranty Trust Bank Plc was next with 9.1 million shares valued at N268.8 million traded in 231 deals. Lafarge Africa Plc rounded off the top five most actively traded stocks today with 9.1 million shares valued at N140.3 million traded in 133 deals.

[READ ALSO: UBA extends Africa footprint, commences full operations in Mali]


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Tags: Access Bank Plc NewsGuaranty Trust Bank plcNigerian Stock ExchangeOn the MoneyUnited Bank Africa (UBA) PlcZenith Bank Plc
Inimfon Asifa

Inimfon Asifa

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