Courteville Business Solutions Plc, Cutix Plc, Cornerstone Insurance Plc, Neimeth International Pharmaceuticals and Consolidated Hallmark Insurance Plc led the gainer’s chart on the Nigerian Stock Exchange (NSE) in Tuesday’s trading session.
Details: While Courteville earned the top gainer position with 10% to close at N0.22, followed by Cutix Plc which gained 9.92% to close at N1.44. Cornerstone Insurance gained 8.57% to close at N0.38, Neimeth and Consolidated Hallmark Insurance gained 8.11% to close at N0.40, and 3.03% to close at N0.34 respectively.
Meanwhile, Tuesday’s trading session ended in negative territory as the All-Share Index closed at 26,365.83 basis points, down by 0.09%.
Top Losers: Eterna Plc was the worst-performing stock, it dropped by 9.52% to close at N2.85. Omoluabi Mortgage Bank Plc also fell by 9.09% to close at N0.50. Followed by May & Baker Nigeria Plc, which fell by 8.68% to close at N2, Law Union & Rock Insurance Plc also fell by 7.84% to close at N0.47. FCMB Group Plc rounded off the top five losers for the day. The stock shed 4.76% to close at N1.60.
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Top Trades by Volume: Zenith Bank Plc was most actively-traded stock today with 357.22 million shares valued at N6.18 billion traded in 348 deals, Omoluabi Mortgage Bank Plc followed with 174.25 million shares valued at N95.78 million in 5 deals and Fidelity Bank Plc with 31.8 million shares valued at N53.95 million traded in 120 deals.
May & Baker Nigeria Plc followed with 28 million shares valued at N56 million traded in 5 deals and Guaranty Trust Bank rounded off the top five most actively traded stocks with 25.32 million shares valued at N666.26 million traded in 198 deals.
Corporate Actions
Airtel Africa and Finablr entered into a global partnership to facilitate seamless inward and outbound cross-border payments.
Okomu Oil Palm Plc released its interim financial statements for the 9 months period ended 30 September 2019. It also proposed an interim dividend payment of N2 per 50k ordinary share to its shareholders whose names appear in the register of members at the close of business on Wednesday, 30th October, 2019.
Royal Exchange Plc also released its unaudited financial statements for the third quarter period ended 30 September 2019.
United Bank for Africa Plc released its interim consolidated financial statements for the period ended 30 September 2019.
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Lafarge Africa Plc also notified the public that it has not received any letter from the Securities and Exchange Commission, that would warrant the Company to believe that an investigation has been launched against it.
Cap Plc released its unaudited financial statements for the period ended 30 September 2019.
Africa Prudential Plc released its unaudited financial statements for the period ended 30 September 2019.
Very detailed