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NSE: GTBank, Flourmill, Fidelity Bank dominate trades as market ends week bearish

Stock Market: Investors lose N546b in first half

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.

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Ripples Nigeria

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