Nigerian Stock Stock

Custodian and Allied Insurance Plc, Access Bank Plc, and Lafarge Africa Plc led the most actively traded stocks on the Nigerian Stock Exchange (NSE) on Wednesday’s trading session. They were followed by Guaranty Trust Bank Plc and Guinness Nigeria Plc.

While Custodian led the chart with 348 million shares valued at N2.52 billion traded in 6 deals, Access Bank followed with 52.57 million shares valued at N383.43 million in 193 deals. Lafarge traded 28.15 million shares valued at N450.34 million in 76 deals.

GTB was next with 21.84 million shares valued at N583.11 million traded in 294 deals and Guinness rounded off the top five most actively traded stocks with 20.23 million shares valued at N607 million traded in 76 deals.

Wednesday’s trading session ended in negative territory as the All-Share Index closed at 26,598.94 basis points, down by 0.79%.

[READ MORE: Stock Market: Forte Oil leads losers’ chart on Thursday]

Top Gainers: Learn Africa Plc earned the best-performing stock, as it gained 9.80% to close at N1.12, followed by Chams Plc gained 8.33% to close at N0.26. Cornerstone Insurance Plc gained 8.33% to close at N0.39, Jaiz Bank Plc and Access Bank Plc gained 4.26% to close at N0.49, and 2.80% to close at N7.35 respectively.

Top Losers: PZ Cussons Nigeria Plc was the worst-performing stock, dropped by 10% to close at N6.30. NCR Nigeria Plc also fell by 9.09% to close at N4.50. Followed by Guinness Nigeria Plc, which dropped by 7.69% to close at N30. United Capital Plc also fell by 6.98% to close at N2.

Nigerian Stock Exchange

Neimeth International Pharmaceuticals Plc rounded off the top five losers for the day. The stock shed 6.52% to close at N0.43.

Corporate Actions

Custodian Investment Plc scheduled its Board of Directors meeting to hold on the 25th of October 2019, at 16A Commercial Avenue, Sabo Yaba, Lagos at 11:00 am to deliberate on the company’s management accounts for the 9 months ended September 30, 2019, among other matters.

[READ MORE: NSE closes Tuesday’s trading in negative territory]

Deal book 300 x 250

Ellah Lakes Plc also scheduled its Board of Directors meeting to hold on the 22nd October 2019 at 5th Floor, AIICO Plaza, Plot PC 12, Churchgate Street, Victoria Island, Lagos at 11:00 am, to consider, among other matters, the audited financial statements of the Company for the financial year ended 31 July, 2019.

UPDC Real Estate Investment Trust (REIT) released its full-year audited 2018 results for the year ended 31 December 2018.

Airtel Africa announced a partnership with Mastercard.

Seplat Petroleum Development Company disclosed that its Board of Directors will meet on the 24th of October 2019, at The Board Room, Seplat office, 16a Olu Holloway (Temple) Road, Ikoyi, Lagos, at 10:00 am to 4:00 pm to discuss its Q3 2019 financial results.

Skye Shelter Fund released its unaudited financial statements for the period ended 30 September 2019.

UACN Property Development Company Plc also announced that its Board of Directors will meet in Lagos on Tuesday, October 22, 2019, to consider its the unaudited financial results for the period ended 30th September 2019.

[READ MORE: Airtel tops worst performing stocks in today’s trading session]

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