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Home Business News

Omoluabi Plc, Fidelity, Transcorp lead most traded stocks on Monday

Inimfon Asifa by Inimfon Asifa
October 21, 2019
in Business News, Markets, Stock Market
Nigerian Stock Exchange, sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms, Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion , Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion

Nigerian Stock Exchange

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Omoluabi Mortgage Bank Plc, Fidelity Bank Plc, Transnational Corp of Nigeria Plc, FBN Holdings and Guaranty Trust Bank Plc led the most actively traded stocks on the Nigerian Stock Exchange (NSE) on Monday’s trading session.

Details: While Omoluabi Mortgage Bank Plc led the chart with 110 million shares valued at N60.5 million traded in 1 deal, Fidelity Bank followed with 25.4 million shares valued at N43.1 million in 97 deals and Transnational Corp of Nigeria traded j14.3 million shares valued at N14.6 million in 63 deals.

FBN Holdings followed with 14.3 million shares valued at N75.3 million traded in 163 deals and Guaranty Trust Bank rounded off the top five most actively traded stocks with 13.5 million shares valued at N357.8 million traded in 234 deals.

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However, Monday’s trading session ended in negative territory as the All-Share Index closed at 26,390.08 basis points, down by 0.22%.

Top Gainers:  May & Baker Nigeria Plc earned the best-performing stock, as it gained 9.50% to close at N2.19, followed by Cornerstone Insurance Plc gained 9.38% to close at N0.35.  Trans-Nationwide Express Plc gained 9.09% to close at N0.84, Union Diagnostic & Clinical Services Plc and Law Union & Rock Insurance Plc gained 9.09% to close at N0.24, and 8.51% to close at N0.51 respectively.

[READ ALSO: 10 Nigerian companies pay a combined N187.9 billion taxes in first half of 2019]

Top Losers: NEM Insurance Plc was the worst-performing stock, dropped by 9.57% to close at N2.08. Wapic Insurance Plc also fell by 8.57% to close at N0.32. Followed by Neimeth International Pharmaceuticals Plc, which fell by 7.50% to close at N0.37, Omoluabi Mortgage Bank also fell by 5.17% to close at N0.55. United Capital rounded off the top five losers for the day. The stock shed 1.96% to close at N2.

 


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Tags: Cornerstone Insurance - NewsFidelity Bank PlcNEM Insurance - NewsOmoluabi Mortgage bank PlcTransnational Corp of Nigeria
Inimfon Asifa

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