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FCMB, Zenith, GTBank, 2 other Banks dominate top trades on NSE

Samuel Oyekanmi by Samuel Oyekanmi
October 29, 2019
in Markets, Stock Market
Sulaimon Adedokun resumes as TRANEX Board Chairman  Dangote Cement, Zenith Bank, shares, stocks, ARM's Shares of fortune, Understanding securities lending, nigerian stock exchange, coronavirus, NSE, Bears return ASI down 0.13% as trading volumes plunge, What’s going to happen to Nigeria’s stock market in May?, What’s going to happen to Nigeria’s stock market in May?, Nigerian bourse gains N37. 26 billion, triggered by BUACEMENT, ZENITH
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Commercial banks dominated the top trades chart at the end of trading at the Nigerian Stock Exchange on Tuesday as they traded a sum of 208.9 million shares valued at N2.34 trillion.

They are FCMB, Zenith Bank, GTBank, Access Bank and Sterling Bank.

FCMB was most actively-traded stock today with 51.56 million shares valued at N82.49 million traded in 36 deals, Zenith Bank Plc followed with 43.06 million shares valued at N732.03 million in 386 deals and Guaranty Trust Bank Plc with 42.28 million shares valued at N1.08 billion traded in 274 deals.

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Access Bank Plc followed with 37.24 million shares valued at N272.04 million traded in 179 deals while Sterling Bank Plc rounded off the top five most actively traded stocks with 34.8 million shares valued at N67.99 million traded in 420 deals.

Top Gainers: Red Star Express Plc earned the best performing stock today, as it gained 9.88% to close at N4.45, followed by Cornerstone for the second time this week, as it gained 9.76% to close at N0.45, while AIICO insurance Plc gained 9.52% to close the day at N0.69.

[Read Also: List of Dividends announced so far in 2019 (October 2019)]

Glaxo Smithkline Consumer Nigeria Plc made the list, as it gained 8.62% to close at N6.3 while Union Diagnostic and Clinical Services Plc rounded off the list, as it gained 4.17% to close at N0.25.

Meanwhile, trading at the bourse ended on Tuesday in negative territory as the All-Share Index closed at 26,244.39 basis points, shed by 0.53% while the total market capitalisation at the end of the day stood at N25.34 trillion.

Top Losers: Chams Plc was the worst performing stock, dropped by 4.35% to close at N0.22, Nigerian Aviation Handling Company Plc (NAHCO) fell by 4.08% to close at N2.35. Lafarge Africa Plc fell by 4.01% to close at N14.35 followed by Guaranty Trust Bank Plc that fell by 2.67% to close at N25.5 while UBA rounded off the top five losers of the day. It dropped by 1.71% to close at N5.75

 


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Tags: AIICO Insurance - NewsCornerstone Insurance - NewsfcmbGTCO HoldingsGTCO Holdings - NewsZenith Bank Plc
Samuel Oyekanmi

Samuel Oyekanmi

For further inquiries about this article, contact: Email: samuel.oyekanmi@nairametrics.com Twitter: @OYEKANMISAMUEL Linkedln: Samuel Oyekanmi

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