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Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday 

Samuel Oyekanmi by Samuel Oyekanmi
December 18, 2019
in Markets, Stock Market
Nigerian stock exchange, All share index, Nigerian bourse, Investors, Bulls gather momentum ASI up 0.48%, gained N55.3 billion, Dangote ,MTN & Gtbank hit a home run as Nigeria’s bourse continues bullish momentum
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Ikeja Hotel, Chams Plc, Cadbury Nigeria Plc, Royal Exchange and Union Bank led the gainers on the floor of Nigeria Stock Exchange today.

The market traded in positive territory as the all-share index increased by 0.02% to close at 26,665.73 index points. The Equity market capitalisation closed at N12.87 trillion.

Top gainers

Ikeja Hotel Plc was the highest gainer on the bourse today with 9.8% increase to close at N1.12 followed by Chams Plc, which gained 9.09% to close at N0.36. Cadbury Nigeria Plc also gained 7.58% to close at N10.65 with Royal Exchange Plc gaining 7.41% to close at N0.29 while Union Bank Plc rounded off the list with 4.62% gain to close at N6.8.

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[READ MORE: Access, Zenith, GTBank trade N3.42 billion shares on Tuesday]

Top losers

UACN Property Development Company led the losers’ chart, shedding 10% of its value to close at N0.9 followed by UPDC Real Estate, which lost 9.88% to close at N3.65. Arbico lost 9.77% to close at N3.51. Cornerstone Insurance shed 8.93% to close at N0.51 while Wema Bank capped the list with 5.41% decline to close at N0.7.

Top trades by volume

Access Bank Plc was the most actively traded stock on the floor today with trades in 64.2 million shares valued at N636.03 million across 194 deals. Zenith Bank Plc followed with trades in 31.01 million shares at N577.41 million across 336 deals.

[READ MORE: Access, Zenith, GTBank trade N3.42 billion shares on Tuesday]

GT Bank traded 26.58 million shares at N786.01 million across 179 deals as First Bank Holdings also recorded trades in 15.2 million shares valued at N95.24 million across 236 deals while African Alliance Insurance traded 10 million shares valued at N2 million in just one deal.

 


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Tags: Cadbury Nigeria PlcChams PlcCornerstone Insurance - NewsGTCO Holdings - NewsIkeja HotelRoyal ExchangeUnion Bank
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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