Business Latest

NSE Live: Wema Bank, Courtville join losers’ bandwagon as NSE closes bearish again


Tier-2 lender, Wema Bank Plc and ICT firm, Courtville Business Solution Plc, fell into the losers’ chart in today’s trading session on the floor of Nigerian Stock Exchange (NSE), losing alomost all its gains from yesterday. The NSE All Share Index closed at 26,809.92 basis points, down by 0.21. Year to date the market is down by 14.70%.

Top 5 loser

Champion Breweries led the losers today with a 9.57% loss, closing at N1.40. Courtville followed with a 9.09% loss and closed at N0.20. Learn Africa Plc closed at N1.20, losing 8.93%.

Wema Bank lost 7.94% to close at N0.58. Chams Plc rounds up the top 5 losers by shedding 7.69% to close at N0.24.

Top 5 gainers

On the gainers side, Dangote’s Nascon Allied Industries Plc gained 10% to close at N14.85. NPF Microfinance Bank Plc closed at N1.20, gaining 9.09%. Forte Oil Plc gained 6.08% to close at N15.70.

Read also: FEC okays N700bn MTEF hike by National Assembly

11 Plc (formerly Mobil Nigeria Plc) gained 5.64% to close at N147.90. Lasaco Assurance Plc rounds up the top 5 gainers with a 3.57% gain to close at N0.29.

Top 5 trades

185.9 million valued at 2.5 trillion were traded in 3,083 deals. Zenith Bank witnessed the highest trade by volume with 60.9 million shares valued at N1 billion traded in 546 deals. 37 million FCMB shares valued at N59.7 million were traded in 79 deals.

GTBank traded 2.89 million shares valued at N744 million in 240 deals. 6.56 million FBN Holdings shares valued at N34.67 million traded in 197 deals. UBA rounds up the top 5 trades by volume with 5 million shares valued at 31.6 million traded in 171 deals.

Join the conversation


About the author

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.

Do NOT follow this link or you will be banned from the site!