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Home Business News

Stock Market: Seplat, Total, Airtel Africa lead Gainers’ chart on Friday

Inimfon Asifa by Inimfon Asifa
September 27, 2019
in Business News, Markets, Stock Market
stock, market, stock market, Nigerian Stock Exchange
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SEPLAT Petroleum Development Company Plc, Total Plc, Airtel Africa, Lafarge Africa, and Nestle Plc led the gainers’ chart at the end of trading on the floor of the Nigerian Stock Exchange (NSE) on Friday.

While SEPLAT became the best-performing stock, as it gained 10% to close at N556.6, Total gained 9.09% to close at N120, Airtel Africa Plc, Lafarge Africa, Nestle Plc, gained 8.64% to close at N308, 6.67% to close at N16, 0.64% to close at N1345 respectively.

Meanwhile, trading at the bourse ended Friday in positive territory as the All-Share Index closed at 27,675.04 basis points, up by 0.35%.

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Top Losers: On the flip side, Cement Company Northern Nigeria Plc was the worst-performing stock, declining by 9.94% to close at N14.95. Stanbic IBTC Bank Plc fell by 3.31% to close at N38. MTN Nigeria Plc fell by 1.45% to close at N136. Guinness Nigeria Plc fell by 1.31% to close at N34. Dangote Cement Plc rounded off the top five losers for the day. The stock shed 0.86% to close at N150.7.

Top Trades by Volume: Access Bank Plc was the most actively traded stock today as it traded 68.2 million shares valued at N544.5 million in 343 deals. Transnational Corp of Nigeria Plc was next with 24.9 million shares valued at N25 million traded in 101 deals. Guaranty Trust Bank Plc was next with 22.1 million shares valued at N613.1 million traded in 240 deals, followed by Wema Bank Plc with 13.1 million shares valued at N7.8 million traded in 15 deals.

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FBN Holdings Plc rounded off the top five most actively traded stocks today with 11 million shares valued at N59.9 million traded in 173 deals.

[READ ALSO: NSE lifts suspension placed on shares of two insurance firms]

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Tags: Airtel Africa PlcCement Company Northern Nigeria PlcSeplat Petroleum Development Company PlcTotal Plc.

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