Dangote Cement tops worst performing stocks in today’s trading session

The Nigerian Stock Exchange (NSE) ended Monday’s trading session in negative territory. The All-Share Index closed at 27,650.28 basis points, down by 0.15%.

Top Gainers

NCR Nigeria Plc was the best-performing stock today. The stock gained 10% to close at N4.95. Eterna Plc gained 9.09% to close at N3. Forte Oil Plc gained 7.50% to close at N17.2. Cadbury Plc also gained 5.94% to close at N11.6. Zenith Bank Plc rounded off the top five gainers for today. The stock gained 1.60% to close at N19.

Top Losers

On the flip side, Presco Plc was the worst-performing stock, declining by 9.93% to close at N40.35. Vita Foam Nigeria Plc fell by 9.79% to close at N3.87. UAC Nigeria Plc fell by 9.49% to close at N7.15. Nigerian Breweries Plc fell by 1.05% to close at N52. Dangote Cement Plc rounded off the top five losers for the day. The stock shed 0.26% to close at N154.6.

Top Trades by Volume

FBN Holdings Plc was most actively-traded stock today. 20.2 million shares valued at N114.2 million were traded in 343 deals. Transnational Corp of Nigeria Plc was next with 9.8 million shares valued at N10.3 million traded in 65 deals, followed by Access Bank Plc with 9.6 million shares valued at N70.2 million traded in 360 deals.

UAC Nigeria Plc was next with 5.8 million shares valued at N43.1 million traded in 198 deals. Wapic Insurance Plc rounded off the top five most actively traded stocks today with 4.6 million shares valued at N1.5 million traded in 54 deals.

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CORPORATE ACTION

Guinea Insurance Plc released its financial statements for the year ended December 2018.

Gross Premium Written increased from N967 million in 2018 to N1.2 billion in 2019.

Profit before Tax decreased by N237 million in 2018 to N49.9 million in 2019.

Profit after Tax also dropped by N251 million in 2018 to N190 million in 2019.

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