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Stock Market up by 0.54% on Tuesday

Samuel Oyekanmi by Samuel Oyekanmi
November 12, 2019
in Markets
Nigerian Stock Exchange, NSE
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Trades at the floor of the Nigerian Stock Exchange (NSE) on Tuesday ended on a positive note as the All-share index grew by 0.54% to close at 26,456.39 basis points. A sum of N7.15 billion worth of shares was traded across 4,798 deals leaving the market capitalization at N12.88 trillion.

 

Top gainers

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CCNN Plc top the best-performing stocks on the bourse today as it gained 9.14% to close at N19.1 followed by Union Diagnostic and clinical services, which gained 9.09% to close the day at N0.214. Cornerstone Insurance Plc gained 8.16% to close at N0.53 with Consolidated Hallmark Insurance Plc making the list having recorded 7.69% increase to close at N0.42 while Wema bank Plc rounded off the list with 6.78% to close at N0.63.

Top losers

Ikeja hotel plc leads the worst-performing stocks today as it shed 9.28% to close at N0.88 followed by Courteville business solutions plc, which lost 8.7% to close the day at N0.21. Lafarge Africa Plc also joined the list of worst-performing stocks with a decline of 3.74% to close at N14.15.

First bank Plc and Jaiz bank Plc rounded off the list with decline of 3.45% each to close at N5.6 and N0.56 respectively.

 

Top trades by volume

Zenith bank plc was the most actively traded stock on the bourse today with trades of 86.5 million shares valued at N1.52 billion across 773 deals, which accounted for 20.8% of the total trade on the stock market. Access bank Plc followed with trades of 73.03 million shares valued at N682.9 million across 307 deals and GTBank traded in 37.1 shares valued at N1.05 billion across 215 deals.

Nigerian Breweries Plc traded 36.01 million shares valued at N1.69 billion across 79 deals while Fidelity bank Plc completed the list with trades of 17.7 million shares valued at N33.15 million across 102 deals. The top five trades summed up to N5 billion accounting for 69.9% of the total trades on bourse.

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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