The Nigerian Stock Exchange (NSE) ended Tuesday’s trading session in negative territory. The All Share Index closed at 29,395.14 basis points, down 0.74%. Year to date, the index is down 6.48%.
Top Gainers: CCNN Plc was the best performing stock today. The stock gained 8.11% to close at N14. Academy Press Plc also gained 6.90% to close at N0.31. Transnational Corp of Nigeria Plc gained 6.86% to close at N1.09.
Ecobank Transnational Inc gained 3% to close at N10.30. Africa Prudential Plc rounded up the top five gainers for today by gaining 2.29%, closing at N3.57.
Top Losers: UACN Property Development Co Plc was the worst performing stock, declining by 9.68% to close at N1.40. Chams Plc followed with a 9.68% drop to close at N0.28. C&I Leasing Plc fell by 9.11% to close at N5.09. Oando Plc fell by 8.75% to close at N3.65. Courteville Business Solutions Plc was the last of the top five losers for the day. The stock shed 8.70% to close at N0.21.
Top Trades by Volume: Guaranty Trust Bank Plc (GTBank) was the most actively traded stock today. 24,429,808 shares valued at N742,149,806.95 were traded in 345 deals. United Bank for Africa Plc (UBA) was next with 23,347,793 shares valued at N144,919,521.35 traded in 227 deals.
Lafarge Africa Plc was traded 22,732,648 shares valued at N284,163,936.35 traded in 124 deals, followed by Zenith Bank Plc was next with 22,339,462 shares valued at N436,876,613.65 traded in 376 deals.
FBN Holdings Plc was the last of the top five most actively traded stocks today with 18,517,547 shares valued at N120,300,451.75 traded in 216 deals.
Corporate Actions: Golden Guinea Breweries Plc released its financial result for the year ended 31st March 2019.
International Breweries Plc filed its unaudited financial statements for the Q1 period ended 31 March 2019. The company explained that the delay in the filing was as a result of the follow-up activities to the merger which was concluded in December 2017 and the accompanied general integration processes, including the appointment of a new External Auditor in compliance with the Securities and Exchange Commission’s Code of Corporate Governance for Public Companies, 2011 “SEC Code” regarding the 10-year tenure for External Auditors.
It also released unaudited condensed interim financial statements for the three months ended March 31, 2019.
E-Tranzact International Plc notified the public that the meeting of its Board of Directors will on the 24th of July 2019, at eTranzact International PLC’s Corporate Office, 27/29, Adeyemo Alakija Street, Victoria Island, Lagos at 10.00 am.
The purpose of the meeting is to consider the Company’s Financial Statements for the Half year ended.
The Nigerian Aviation Handling Company Plc also notified the public of its 38th Annual General Meeting (AGM), which will be held at Bristol Palace Hotel Kano, No 1 Ali Rano Link, Farm Center Kano state, on Friday 26th July 2019 at 11.00a.m.
Learn Africa Plc has also announced a final dividend of 15 kobo per ordinary share of 50 kobo each for the 15 months financial period that ended March 31, 2019.