Stocks of GTBank, MTN Nigeria, UBA, Zenith Bank and Unilever Nigeria were the most actively traded on the floor of the Nigerian Stock Exchange (NSE) on Thursday, as they recorded a total trade in 185.9 million units of shares at N7.88 billion, which represents 86.61% of the total value of stocks traded.
The stock market, however, continues to bow to bears as the all-share index closed at 29,030.93 index points indicating a 0.27% decline leaving the equity market capitalisation at N14.95 trillion.
Top trades by volume
GTBank was the most actively traded stocks with trades recorded in 75.73 million units of shares valued at N2.27 billion across 418 deals followed by MTN Nigeria with trades in 37.55 million units of shares at N4.55 billion across 215 deals.
UBA recorded trades in 26.89 million units of shares at N221.04 million across 309 deals, Zenith Bank traded in 23.96 million units of shares at N507.26 million across 470 deals while Unilever Nigeria rounded off the list with trades in 21.8 million units of shares at N326.96 million across 106 deals.
Cornerstone Insurance recorded the highest gain today in the Stock market with 9.26% gain to close at N0.59 followed by NEM Insurance, which upped 9.09% to close at N2.4 and Consolidated Hallmark Insurance gained 8.33% to close at N0.36. Neimeth Pharmaceuticals gained 7.84% to close at N0.55 while Unity bank rounded off the list with 6.67% to close at N0.64.
UACN dipped the most today, having shed 10% of its stock value to close at N9. Union Diagnostic followed with a 9.09% loss to close at N0.2 and Transnational Corporation lost 8.82% to close at N0.93. ABC Transport dipped 8.11% to close at N0.34 while Lasaco Assurance rounded off the list with a 7.14% loss to close at N0.26.