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NSE: Champion Breweries, Honeywell Flour top gainers as market closes bullish. Is the market repeating last week’s trend?

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The Nigerian Stock Exchange (NSE) opened the week on a bullish note. The market’s All Share Index closed at 26,401.06 basis points, up by 0.41%. Year to date the local bourse is down by 16%.

Last week, the NSE opened the week on a positive note. Seeing the outcome of today’s trading, the market may be on a ‘déjà vu mode’.

Top 5 gainers

Champion Breweries rose from the position of the worst-performing stock of last week to lead the top 5 gainers with 10% gain, to close at N0.99.

Honeywell Flour Mills followed with a 9.47% to close at N1.04. UBA closed at N6.3, gaining 8.62%.

Fidelity Bank gained 6.86% to close at N1.87. NAHCO Aviance rounds up the top 5 gainers with a 6.38% gain to close at N2.50.

Top 5 losers

On the flipside, Fidson Healthcare was today’s worst performer with 10% loss to close at N3.6. Unilever Nigeria was next with 9.93% loss to close at N24.05.

International Breweries lost 9.92% to close at N11.35. Capital Hotel closed at N2.75, losing 9.84%.

MRS Nigeria rounds up the top 5 losers to close at N15.30. The stock lost 9.73%.

Top 5 trades

Monday’s trading sessions witnessed 368.2 million shares worth N2.8 billion exchange hands in 3,473.

Top of the trades was Access Bank with 80.6 million shares valued at N650 million traded in 487 deals. Law Union and Rock Insurance traded 79.2 million shares worth N33.3 million in 19 deals.

55.4 million UBA shares valued at N348.5 million were traded in 251 deals. Zenith Bank traded 45.5 million shares worth N777.2 million in 511 deals.

Lafarge Africa rounds up the top 5 trades by volume with 13.7 million shares valued at N191.3 million traded in 148 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.
www.ripplesnigeria.com

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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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