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GTBank, FirstBank, Zenith Bank dominate trades as the Nigerian bourse continues bearish trend. See how

NSE Roundup: The Nigerian bourse ends week bearish; See top 10 losers

The Nigerian Stock Exchange continued its downward trend in Thursday’s trading session, with the All Share Index closing at 26,456.29 basis point, decline by 0.06%. Year to date the Nigerian bourse is down by 15.83%.

Top 5 gainers

Wapic Insurance led the top 5 advancers with a 9.38% gain to close at N0.35. Chams followed with a 9.09% gain to close at N0.24. FCMB closed at N1.70, gaining 6.92%.

Flour Mills of Nigeria gained 2.37% to close at N15.10. Law Union and Rock Insurance closed the top 5 gainers with a 2.08% gain to close at N0.49.

Top 5 losers

On the flipside, Cornerstone Insurance took the biggest hit of 8.11%, closing at N0.34. UBA followed with a 2.52% loss to close at N5.80. Wema Bank lost 1.69% and closed at N0.58.

GTBank lost 1.30% to close at N26.65. Transcorp rounds up the top 5 decliners with 0.98%, closing at N1.01.

Top 5 trades

Bank dominated the top trades today as 144 million shares worth N2.9 billion traded in 2,347 deals. GTBank topped the top 5 trades by volume with 35.2 million shares valued at N946.7 million traded in 199 deals.

FBN Holdings traded 24.3 million shares valued at N130.8 million in 144 deals. 13.96 million Fidelity Bank shares valued at N23.7 million were traded in 62 deals.

Zenith Bank traded 11.9 million valued at N213 million in 271 deals. UBA rounds up the top 5 trades by volume with 10 million shares valued at N58.2 million traded in 171 deals.

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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