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Nairametrics
Home Business News

GTBank, Stanbic, Zenith, others lead actively traded stocks on Tuesday

Samuel Oyekanmi by Samuel Oyekanmi
January 29, 2020
in Business News, Markets, Stock Market
Stanbic, Zenith, GTBank, lead actively traded stocks on Tuesday
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Stanbic IBTC Bank, Zenith Bank, UBA, Fidelity Bank and GTBank led the actively traded stocks on the floor of the stock market on Tuesday.

The bourse, however, traded bearish again as the all-share index dipped by 0.59% to close at 29,378.63 index points. Recording trades in 250.93 million units of shares valued at N4.83 billion in 4,561 deals leaving the equity market capitalisation at N15.13 trillion.

Top trades by volume

The most traded stocks on the bourse were all banks as Stanbic IBTC led the list with trades in 43.04 million units of shares valued at N1.79 billion in 21 deals followed by Zenith Bank with trades in 34.29 million shares at N724.08 million in 475 deals.

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UBA traded in 18.57 million units of shares at N151.43 million in 314 deals, Fidelity Bank traded in 17.63 million units of shares at N37.83 million in 106 deals while GTBank capped the list with trades in 15.12 million units of shares valued at N467.87 million in 370 deals.

Top gainers

Julius Berger led the list of gainers with 9.93% gain to close at N22.15 followed by NAHCO which gained 9.7% to close at N2.95. Linkage Assurance gained 9.62% to close at N0.57. NEM Insurance recorded 9.09% gain to close at N2.4 while Vitafoam rounded off the list with 3.77% gain to close at N5.5.

[READ MORE: NAHCO, Vitafoam, NPF, Neimeth lead gainers’ chart on Monday)

Top losers

ABC Transports dipped the most on the bourse today, having shed 9.76% to close at N0.37 followed by GlaxoSmithKline which lost 9.17% to close at N5.45. Eterna Oil dipped 8.77% to close at N2.6, Total Nigeria lost 8.55% to close at N107 while Honey Well Flour Mills completed the list with 6.78% loss to close at N1.1.


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Tags: Fidelity BankGTCO HoldingsGTCO Holdings - NewsNEM Insurance - NewsStanbic IBTC Bankstock marketUBAZenith Bank News
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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