NSE: Banks dominate trading, account for 60% of shares traded

The top trades on the bourse on Friday were totally dominated by banks as they traded a sum of 336.8 million shares valued at N3.69 billion, which account for 66% of the total shares traded on the stock market on Friday.

Access Bank Plc was the most actively traded stock on the bourse today as it traded in 158.78 million shares valued at N1.69 billion across 555 deals followed by Zenith bank Plc which has been consistent in its trade this week traded in 71.03 million shares valued at N1.36bn across 859 deals.

UBA traded in 41.9 million shares valued at N317 million across 618 deals. First bank Plc traded in 41.5 million shares at N282.6 million across 475 deals while Fidelity bank Plc rounded off the list with trades in 23.6 million shares valued at N47 million across 245 deals.

Champion brew Plc and Guinness Nigeria topped the chart of gainers today as they both gained 10% to close at N0.99 and N28.6 respectively.  Unity Bank Plc and First Bank Plc grew by 9.84% and 9.6% to close at N0.67 and N6.85 respectively. Jaiz Bank Plc completes the list with 9.23% growth to close at N0.71.

On the flip side, Learn Africa Plc was the worst-performing stock today as it lost 9.4% to close at N1.06 followed by NAHCO, which shed 8.85% to close at N2.37. Continental Reinsurance Plc lost 5.83% of its stock value to close at N2.26.

Guaranty Trust Bank Plc declined by 3.01% to close at N29 while Fidelity bank Plc despite recording high trades shed 2.91% of its stock price to close at N2.

The All-share index grew by 0.03% to close at 26,851.68 basis points as the bourse maintained its N13.1 trillion market capitalization mark.