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Beta Glass, Forte Oil, Transcorp lead gainers’ chart on Wednesday 

Samuel Oyekanmi by Samuel Oyekanmi
January 15, 2020
in Business News, Markets, Stock Market
Ecobank, Nigerian Stock Exchange, Beta Glass, Forte Oil, Transcorp lead gainers chart on Wednesday, Law Union, AIICO, Honeywell top gainers’ chart on Wednesday, Investors lose N9.14 billion to bearish trades on Wednesday , Dangote, Cadbury, Flourmills regains bullish momentum run at Nigeria’s Stock Market, AIRTEL, NESTLE, NB lead the Bulls a home win, Investors party with N106.3 Billion 

Bull market of the stock exchange

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Beta Glass, Cornerstone Insurance, Glaxosmith, Forte Oil and Transcorp made the ranks of stocks that recorded positive growth on the floor of the Nigerian Stock Exchange (NSE) on Wednesday.

The major market indicator, the All-Share index recorded a decline of 0.75% to close at 29,062.5 index points leaving the equity market capitalisation at N14.99 trillion.

Top gainers 

Beta Glass was the best performing stock on the bourse with 10% gain to close at N64.9 followed by Cornerstone Insurance Plc which gained 9.43% to close at N0.58. Glaxosmithkline gained 7.14% having closed at N6 with Forte oil also recording 6.44% gain to close at N19 while Transnational Corporation rounded off the list with 4.85% gain to close at N1.08.

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[READ MORE: NSE records first loss in 2020, as ASI dip 1.18%)

Top losers 

Livestock Feeds and Sovereign Trust Insurance lost the most today with 9.09% decline to close at N0.5 and N0.2 respectively. Meyer Plc recorded 8% loss to close at N0.46 while Etisalat Transnational lost 7.69% to close at N7.2. Fidson Healthcare rounded off the list with 5.45% loss to close at N2.6.

Top trades by volume 

Morison Industries recorded the highest trade of shares today on the stock exchange market with trades in 126.77 million units valued at N57.05 million across 3 deals followed by Access Bank, which traded in 52.47 million shares at N536.58 million across 413 deals.

UBA traded 31.97 million units of shares at N274.1 million across 431 deals, Zenith Bank traded 31.55 million units of shares valued at N674.03 million across 572 deals while Transnational Corporation closed the list with trades in 17.86 million units of shares at N19.01 million in 75 deals.


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Tags: ’ chartBeta GlassCornerstone InsuranceCornerstone Insurance - NewsForte OilgainersGlaxosmithNSE£)Stock ExchangeTranscorp
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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