Shareholders of Regency Assurance Plc, Sovereign Trust Insurance Plc, Neimeth Pharmaceutical Plc, Jaiz Bank and Lasaco Assurance Plc have every reason to smile to the bank as their stocks led the gainers’ chart in the Nigerian Stock Exchange on Tuesday.
Details: Top gainers
Regency Assurance Plc and Sovereign trust Insurance were the highest equity gainers on the stock market today as they gained 10% each to both close at N0.22.
Neimeth pharmaceuticals plc followed with 9.84% gain to close at N0.67 whereas Jaiz bank gained 8.7% to close at N0.75. Lasaco Assurance plc rounded off the list with 8% gain to close at N0.27.
But the market traded in negative territory as the All Share Index witnessed a slide by 0.56% to close at 26,883.33 index points. The equity market capitalization also dropped to N12.98 trillion.
AIICO insurance lost 9.09%, closing at N0.7 to top the losers’ chart on the bourse today followed by Unilever Nigeria Plc, which shed 6.59% to close at N16.3.
Transcorp Plc lost 6.42% to close at N1.02 as Access bank joined the ranks, losing 5.1% of its share value to close at N9.3 while NEM insurance Plc lost 4.76% to close at N2.
Top trades by volume
United Capital plc was the most actively traded stock on the bourse as it traded in 24.8 million shares valued at N60.3 million across 94 deals. Zenith bank plc traded in 24.1 million shares at N466.97 million across 480 deals followed by Dangote Sugar plc, which traded in 18.9 million shares valued at N272.7 million across 273 deals.
GTBank also traded actively today, having traded in 17.8 million shares valued at N530.1 million across 247 deals while First bank caped the list with 14.6 million shares at N101.1 million across 306 deals.