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Nairametrics
Home Business News

Continental Reinsurance, Forte Oil, NASCON lead NSE’s Gainers’ chart on Wednesday

Inimfon Asifa by Inimfon Asifa
October 2, 2019
in Business News, Markets, Stock Market
Nigerian Stock Stock, Investors lose N26 billion as ASI dipped 0.22% on Wednesday,Bears return to global equity markets, Trump’s help boost Crude oil
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Continental Reinsurance, Forte Oil, NASCON Allied Industries, Lafarge Africa Plc and Flour Mill Nigeria led the gainers’ chart at the end of trading on the floor of the Nigerian Stock Exchange (NSE) today.

While Continental Reinsurance  earned the best-performing stock, as it gained 9.66% to close at N2.27, Forte Oil Plc gained 3.80% to close at N16.4, NASCON Allied Industries Plc, Flourmill Nigeria, Lafarge Africa, gained 2.24% to close at N13.7, 2.10% to close at N14.6, 0.63% to close at N16 respectively.

Meanwhile, trading at the bourse ended Wednesday in negative territory as the All-Share Index closed at 27,314.87 basis points, down by 1.14%.

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Top Losers: MRS Nigeria Plc was the worst-performing stock, dropped by 9.84% to close at N16.95. 11 (MOBIL) Plc fell by 9.45% to close at N139. Guaranty Trust Bank Plc fell by 7.53% to close at N27. Nigerian Breweries Plc fell by 6.67% to close at N49. Total Plc rounded off the top five losers for the day. It shed 4.86% to close at N123.2.

Top Trades by Volume: Guaranty Trust Bank Plc was the most actively-traded stock today. 25.2 million shares valued at N684.1 million were traded in 279 deals. Transnational Corp of Nigeria was next with 20.7 million valued at N21.1 million Plc traded in 53 deals. NASCON Allied Industries was next with 20 million shares valued at N274 million traded in 10 deals, followed by FBN Holdings Plc with 17.3 million shares valued at N94.2 million traded in 336 deals.

Access Bank Plc rounded off the top five most actively traded stocks today with 10.6 million shares valued at N80.1 million traded in 240 deals.

 

[READ ALSO: These two banking stocks should be on your watchlist]


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Inimfon Asifa

Inimfon Asifa

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