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Home Business News

FCMB Group, Access Bank, Transcorp earn most traded stocks

Inimfon Asifa by Inimfon Asifa
October 11, 2019
in Business News, Markets, Stock Market
stock, market, stock market, Nigerian Stock Exchange
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FCMB Group Plc, Access Bank Plc, and Transnational Corp of Nigeria Plc led the most actively traded stocks on the Nigerian Stock Exchange (NSE) on Friday’s trading session. They were followed by Guaranty Trust Bank Plc and Zenith Bank Plc.

While FCMB Group led the chart with 24 million shares valued at N38.4 million traded in 51 deals, Access Bank followed with 21.2 million shares valued at N156.3 million in 144 deals. Transnational Corp of Nigeria traded 16.1 million shares valued at N16.17 million in 87 deals.

GTB was next with 12.7 million shares valued at N341.6 million traded in 133 deals and Zenith Bank rounded off the top five most actively traded stocks with 7.5 million shares valued at N136.1 million traded in 239 deals.

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Friday’s trading session ended in negative territory as the All-Share Index closed at 26,533.78 basis points, down by 0.19%.

Top Gainers: Associated Bus Company Plc earned the best-performing stock, as it gained 10% to close at N0.44, followed by Wapic Insurance Plc gained 9.38% to close at N0.35. Cornerstone Insurance Plc gained 8.51% to close at N0.39, Aiico Insurance Plc and Honeywell Flourmill Plc gained 7.81% to close at N0.99, and 4.21% to close at N0.99 respectively.

Top Losers: Niger Insurance Plc was the worst-performing stock, dropped by 9.09% to close at N0.20. Nigerian Aviation Handling Company Plc also fell by 6.80% to close at N2.33. Followed by Neimeth International Pharmaceuticals Plc, which dropped by 4.76% to close at N0.40. Nigerian Breweries Plc also fell by 4.17% to close at N46.

Lasaco Assurance Plc rounded off the top five losers for the day. The stock shed 3.45% to close at N0.28.

[READ ALSO: Zenith Bank, Dangote Cement, MTN top list of CSR donations in Corporate Nigeria.]


Follow us for Breaking News and Market Intelligence.
Tags: AIICO Insurance - NewsAssociated Bus Company PlcCornerstone Insurance - NewsFCMB Group PlcTransnational Corp of Nigeria Plc
Inimfon Asifa

Inimfon Asifa

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