The Bulls Return As MTN Nigeria Finally Lists On Nigerian Stock Exchange - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / The Bulls Return As MTN Nigeria Finally Lists On Nigerian Stock Exchange (209 Views)
Shareholders Funds Wiped Out As MTN Nigeria Incurs N740bn FOREX Losses / Diamond Bank Dominates Nigerian Stock Exchange / Banks Jittery As MTN, Others Veer Into Mobile Banking (2) (3) (4)
(1) (Reply)
| The Bulls Return As MTN Nigeria Finally Lists On Nigerian Stock Exchange by MyVc: 10:06pm On May 16, 2019 |
Nigerian Stock market closed bullish on Wednesday following the listing of MTN Nigeria. The market breadth closed with 10 gainers and 25 losers. NPF Micro Finance Bank Plc led the top gainers' chart while Unity Bank Plc was the top loser for the day. The All Share-Index appreciated by 0.54% to close at 28,438.19 basis points as against 28,286.08 basis points recorded yesterday. Year-to-Date the NSEASI stands at -9.52%. The NSE Equity Capitalization appreciated for the day. The market capitalization closed at N12.525 trillion as against N10.626 trillion recorded the previous day. This is largely due to the listing of MTN Nigeria 20.4 billion shares valued at N1.84 trillion as the bulls returned. Transnational Corporation of Nigeria was the most traded stock by volume in today's tradings. The company sold 105.5 million units of its shares valued at N130.1 million. Access Bank traded 23.5 million shares worth N153.6. First City Monument Bank transacted 23.2 million units valued at N39.3 million. UBA ranked in N121.5 million from 19.7 million shares units. Zenith Bank was the most traded stock by value. The lender's sold 16.4 million shares units worth N325.3 million. NPF Micro Finance Bank Plc was the best-performed stock for the day. The stock was up by 9.70% to close at N1.49. ABC Transport Plc gained 7.41% to close at 29 Kobo. Wapic Insurance Plc appreciated by 5.56% to close at 38 Kobo. Courtville Business Solutions Plc went up by 4.17% to close at 25 Kobo. Lasaco Assurance Plc completes the top five gainers for the day. The stock went up by 3.45% to close at 30 Kobo. On the flip side, Unity Bank was the worst performed stock for the day. The stock shed 9.72% to close at 65 Kobo. Cutix Plc declined by 8.33% to close at N1.65. Sovereign Trust Insurance Plc was down by 8% to close at 23 Kobo. Wema Bank went down by 6.06% to close at 62 Kobo. Africa Prudential Plc rounds up the top five losers for the day. The company's stock declined by 5.76% to close at N3.60. Source:https://businesshournigeria.com/the-bulls-return…n-stock-exchange/
|
(1) (Reply)
If You Don't Want To Be Your Own Boss Then Don't Read This Please!!!!!!!!!!!!!!! / Vacancy Vacancy / Oil & Gas
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |