Consolidated Hallmark Insurance Plc led the gainers’ chart at the end of trading on the floor of the Nigerian Stock Exchange on Friday, as the bourse extended its decline.
The NSE All-Share Index and Market Capitalization both depreciated by 0.32% to close the week at 26,448.62 and N12.875 trillion respectively.
Similarly, all other indices finished lower with the exception of NSE Insurance, NSE Meri Value, NSE Consumer Goods and NSE Lotus II Indices, which appreciated by 2.37%, 0.17%, 0.12% and 0.46% respectively while the NSE ASeM index closed flat.
How share prices changed:
Nineteen (19) equities appreciated in price during the week, lower than Twenty (20) in the previous week. Twenty-three (23) equities depreciated in price, lower than Thirty-three (33) equities in the previous week, while one hundred and twenty-four (124) equities remained unchanged, higher than one hundred and thirteen (113) equities recorded in the preceding week.
Top gainers
Consolidated Hallmark Insurance Plc
Consolidated Hallmark Insurance Plc was the best performing stock this week, appreciating by 17.86%. The stock opened and closed at N0.28 and N0.33 respectively.
Fidson Healthcare Plc
Fidson Healthcare Plc followed with 11.11% increase as it opened and closed the week at N3.60 and N4.00 respectively.
Custodian Investment Plc
Custodian Investment Plc also made the gainers’ chart on Friday. It increased 9.73%, when it increased from N5.65 to N6,20.
Law Union and Rock Insurance
Law Union and Rock Insurance also recorded a growth of 6.82%. The stock rose from N0.44 to N0.47.
Livestock Feeds Plc
Livestock Feeds Plc shares’ increased by 6.38%. it increased from N0.47 to N0.50 in the week.
Top losers
Cornerstone Insurance
Cornerstone Insurance was the lead in the losers chart. The stock’s price dropped by 17.95, when it rose from N0.39 to N0.32 during the week.
Cutix Plc
Cutix Plc recorded a loss of 12.67% within the week. Its share price decreased from N1,50 to N1.31.
PZ Industries
PZ Industries also dropped by 11.90%. it’s share price dropped from N6.30 to N5.55 within the week.
CHAMS Plc
Chams Plc share price dropped by 11.54% when the value dropped from N0.26 to N0.23 within the week.
UACN Plc
UACN Plc share price dropped from N7.15 to N6.40, which represent 10.49%.
NEW LISTING:
Debt
- The second tranche of the Federal Government of Nigeria (FGN) Fifteen Billion Naira (N15,000,000,000) 7-Year 14.5% Green Bond II due 2026, was listed on the Daily Official List of The Nigerian Stock Exchange on Monday, 14 October 2019.
- Union Bank of Nigeria Plc’s Thirty Billion Naira (N30,000,000,000) 10-Year, 16.20% Subordinated Unsecured Fixed Rate Series 3 Bonds Due 2029 under the One Hundred Billion Naira (N100,000,000,000) debt issuance program, was listed on the Daily Official List of The Nigerian Stock Exchange on Friday, 18 October 2019.
