Business
NSE: GTBank, Flourmill, Fidelity Bank dominate trades as market ends week bearish
The Nigerian Stock Exchange (NSE) closed the last trading day on a bearish note. The All Share Index closed at 26,448.62 basis points, down by 0.03%, On a year to date basis, the market is down by 15.85.
Top 5 gainers
On the top gainers’ chart, Consolidated Hallmark Insurance led the gainers with a 10% gain to close at N0.33. Custodian Insurance closed at N6.2, gaining 9.73%. AIICO Insurance gained 3.13% to close at N0.66.
Oando closed at N3.5, gaining 2.64%. Prestige Assurance rounds up the top 5 advancers with a 2% gain to close at N0.51.
Top 5 losers
On the losing side, UACN Property Development Company closed at N1, losing 9.91%. PZ and Learn Africa lost 9.76% to close at N5.55 and N1.11 respectively.
Vita Foam closed at N3.52, losing 9.74%. Cutix Plc followed with a 6.43% to close at N1.31. Cornerstone Insurance rounds up the top 5 losers with a 5.88%, closing at N0.32.
Top 5 trades
During Friday’s trading session 310.6 million shares worth N5 billion exchanged hands in 2,725 deals.
Out of the 2,725 deals, GTBank had the highest of 75 million worth N1.98 billion traded in 377 deals. Flour Mills Nigeria Plc had 69 million shares valued at N1.04 billion traded in 44 deals.
25.5 million Fidelity shares valued at N42.8 million were traded in 91 deals. Zenith Bank traded 21 million shares valued at N365.9 million in 418 deals. UBA rounds up the top 5 trades by volume with 20.6 million worth N119 million traded in 177 deals.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: In Kwara, multimillion-naira milk processing plant is abandoned, converted to a chicken outlet
After the government spent millions of naira to establish a milk processing plant in Kwara State that would provided jobs...
SPECIAL REPORT: For Sokoto communities, promise of healthcare is akin to death sentence
In this story, ABDULRASHEED HAMMAD delves into the dire realities of Primary Health Care services in Sokoto State, shedding light...
ICYMI…SPECIAL REPORT: NNPCL hides behind PIA to frustrate disclosure, accountability
Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard...
INVESTIGATION: Multi-million naira Ekiti resort center remains uncompleted a decade after
The multimillion-naira project, expected to comprise recreational buildings, now consists of cassava farmland, a bush used for excretion, and a...
SPECIAL REPORT: Torturous experiences of students with disabilities in Oyo tertiary institutions
For students with disabilities in Oyo state-owned tertiary institutions, learning is a torturous and distressing experience, considering the building structures...