NSE: Cadbury, GSK, FBN Holdings lead losers as Wednesday closes bearish

The Nigerian Stock Exchange (NSE) ended Wednesday’s trading on a bearish note as the market capitalisation closed lower at N12.930 trillion. The All Share Index (ASI) fell by 0.35% to 26,790.10 basis points. Year to date, the index is down by 14.76%.

TOP 5 GAINERS

Zenith Bank rose by 0.82% to top Wednesday’s pack of advancers at N18.5. Cutix leapt by 8.27% to N1.44 to come second. CAP inched up 0.41% to end the day at N24.3. NAHCO gained 4.17% to close today’s trade at N2.5. For the third day running, GTB appreciated, this time by 0.34% to close at N29.9.

TOP 5 LOSERS

Cadbury was the biggest loser today as it dipped by 8.16% to N9. Glaxosmithkline ranked next on the table, plunging by 9.52% to N5.7. FBN Holdings depreciated by 6.47% to close Wednesday’s business at N6.5. Dangote Cement closed trade at N143.6, losing 0.28% in the process. UACN shed 5.41% to close at N7.

TOP 5 TRADES

Transcorp led the activity chart today, trading 26.345 million shares worth N26.581 million in 70 transactions. 22.505 million units of Zenith Bank shares priced at N416.437 million exchanged hands in 277 deals. Chams traded 18.920 million shares estimated at N7.844 million in 126 deals. Fidelity Bank recorded trade worth N22.196 million on 11.111 million shares in 117 transactions. FBN made its second straight appearance on the activity chart this week with 10.527 million shares exchanged for N69.998 million in 257 deals.

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