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Nairametrics
Home Business News

The Stock Market Trades on a Positive Note Again

Inimfon Asifa by Inimfon Asifa
August 21, 2019
in Business News, Markets
Stock
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The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session in positive territory. The All-Share Index closed at 27,352.94 basis points, up 1.09%. Year to date, the index is down by 12.97%.

Top Gainers: Honeywell Flour Mill Plc was the best-performing stock today. The stock gained 9.68% to close at N1.02. Ecobank Transnational Inc also gained 9.60% to close at N6.85.  AXA Mansard Insurance Plc gained 9.41% to close at N1.86. Union Diagnostic & Clinical Services Plc gained 9.09% to close at N0.24. Jaiz Bank  Plc rounded off the top five gainers for today. The stock gained 8.82% to close at N0.37.

Top Losers: On the flip side, Forte Oil Plc was the worst-performing stock, declining by 10% to close at N15.30. Okomu Oil Palm Plc fell by 9.18% to close at N44.50. Livestocks Feeds Plc fell by 8.89% to close at N0.41. Wapic Insurance Plc fell by 5.56% to close at N0.34. Access Bank Plc rounded off the top five losers for the day. The stock shed 4.62% to close at N6.20.

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Top Trades by Volume: United Bank of Nigeria Plc was the most actively-traded stock today. 64.7 million shares valued at N381.9 million were traded in 210 deals. Access Bank Plc was next with 58.1 million shares valued at N372.2 million traded in 160 deals, followed by Guaranty Trust Bank Plc with 43.9 million shares valued at N1.1 billion traded in 266 deals.

[READ ALSO: Aviation committee to question contractor responsible for Enugu Airport Closure]

FBN Holdings Plc was next with 36.1 million shares valued at N177.9 million traded in 310 deals. Zenith Bank Plc rounded off the top five most actively traded stocks today with 34.5 million shares valued at N608.1 million traded in 392 deals.

Corporate Actions

Total Nigeria Plc, has notified the general public of the appointment of Mrs. Lesley Baxter-Green as the director of the company. This took effect on August 16, 2019.
Etranzact Plc, notifies the general public of its 15th Annual General Meeting which will hold at Colonades Hotel, 21, Alfred Rewane Road, Ikoyi, Lagos State on September 26, 2019 by 12pm.
Lasaco Assurance Plc, notifies the general public of its 39th Annual General Meeting which will hold at City Mall, Catholic Mission Street, Lagos Island, Lagos State on September 12, 2019 at 11pm.

 

[READ ALSO: VAT charges on online transactions will cripple e-Commerce businesses ]


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Inimfon Asifa

Inimfon Asifa

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