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NSE: Courtville, Fidson, Dangote Flour lead gainers; is the bourse about to return to a bullish trend?

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The Nigerian Stock Exchange (NSE) may be about to rebound from its losses as it closed on a positive note Monday.

The NSE All Share Index closed 26,559.10 basis points, up by 0.10%. Year to date the market is down 15.50%.

Top 5 gainers

Courtville led the top 5 gainers with a 10% gain to close at N0.22. Fidson Healthcare followed with a 9.72% gain to close at N3.95. Cornerstone Insurance closed at N0.39, gaining 7.14%. The stock was part of Ripples Nigeria’s stock watchlist for the week.

Axa Mansard closed at N1.70, gaining 6.25%. Dangote Flour Mills rounds up today’s the top 5 gainers with a 3.60% gain to close N23. Dangote Flour Mills was also part of Ripples Nigeria stocks to watch for the week.

Top 5 losers

On the flipside, Global Spectrum Energy Services Plc was today’s worst performer with a 9.62% loss to close at N4.70. UACN came second on the losers’ chart with 6.99% loss to close at N6.65.

Read also: MTN, Dangote Cement, NB, Guinness make Ripples Nigeria stock watchlist

United Capital Group closed at N2.03, losing 4.69%. FBN Holdings lost 2.78% to close at N5.25. Ecobank rounds up the top 5 losers, shedding 2.70% to close at N7.20.

Top 5 trades

During today’s trading session on the NSE, 129 million shares worth N2.7 billion exchanged hands in 2,595 deals. Global Spectrum Energy Services Plc was the most traded stock by volume with 36.6 million shares valued at N172 million traded in 3 deals. GTBank was next with 14.5 million shares valued at N387 million traded in 156 deals.

Transcorp traded 9.9 million shares valued at N9.9 million in 76 deals. Zenith Bank followed with 8.3 million shares worth N149.8 million traded in 228 deals. FCMB closed the top 5 trades by volume with 8 million shares valued at N12.9 million traded in 71 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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