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.
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.
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.