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Home Business News

UBA, Zenith, First Bank lead actively traded stocks on Tuesday 

Samuel Oyekanmi by Samuel Oyekanmi
January 7, 2020
in Business News, Markets, Stock Market
NSE Nigerian stocks, UBA, Zenith, First Bank lead actively traded stocks on Tuesday , Courteville, Jaiz Bank, Transcorp lead gainers on Friday 
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Bank stocks attracted significant trades on the bourse today as UBA, Zenith Bank, First Bank, Access Bank and FCMB led the pack of most active traded stock having traded 245.87 million units of shares at N2.81 billion.

The stock market traded bullish as the major performance indicator like the All-Share index upped by 0.9%   to close at 27,586.93 index points. The Equity market capitalisation closed at N13.316 trillion with trades in 446.4 million units of shares at N5.82 billion across 5,727 deals.

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Top trades by volume

UBA was mostly traded on the bourse today having traded 86.78 million shares valued at N709.37 million across 596 deals with Zenith bank plc trading 73.2 million units of shares at N1.51 billion across 934 deals.

[READ MORE: Presco, Cadbury, UACN lead top gainers’ chart, as ASI gains 0.51%)

First Bank Holding traded in 34.7 million units of shares at N240.98 million across 408 deals as Access bank traded 27.4 million shares at N297.4 million across 357 deals while FCMB capped the list with trades in 23.7 million shares at N48.89 million across 195 deals.

Top gainers

Fidson Healthcare led the gainers’ list as it recorded a 9.8% increase to close at N2.8 followed by PZ Cussons, which also gained 9.8% to close at N5.6. Unity Bank gained 9.59% to close at N0.8. Consolidated Hallmark Insurance gained 9.09% to close at N0.36 while Cornerstone Insurance rounded off the list with 8.62% gain to close at N0.63.

Top losers

NCR Nigeria Plc was the worst-performing stock today, having shed 10% of its stock value to close at N4.05 followed by Livestock Feeds, which lost 8% to close at N0.46. Courteville dipped by 7.69% to close at N0.24, Forte Oil lost 6.11% to close at N16.9 while Jaiz Bank rounded off the list with 4.41% loss to close at N0.65.

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