NSE ASI appreciates as banks’ shares dominate bourse

The Nigerian Stock Exchange (NSE) ended the day bullish as the All-share index increased by 0.14% to close at 26,776.15, while the market capitalization closed at N12.92 trillion.

The tier 1 banks were heavily traded on the bourse today as they traded in shares valued at N1.97 billion hereby contributing 64.4% to the total valued of equity trades.

Access bank Plc was the most actively traded stock on the bourse today, having traded in 63.5 million shares valued at N643.7 million across 421 deals. UBA plc followed with 44.9 million traded shares valued at N338.6 million across 370 deals.

Zenith bank Plc made the list yet again with trades in 24.1 million shares valued at N451.6 million across 505 deals as First bank Plc traded in 16.8 million shares valued at N119.3 million across 287 deals while GTbank completes the list with trades in 14.3 million shares valued at N414.1 million across  in 179 deals.

Chams Plc leads the gainers chart on the bourse of the Nigerian Stock Exchange (NSE) today as it gained 10% to close at N0.33 followed by Learn Africa Plc, which gained 9.48% to close at N1.27 with Conoil making the list having gained 9.47% to close at N18.5.

Cornerstone Insurance Plc gained 9.38% to close at N0.7 while NPF microfinance bank Plc capped the list with 9.09% gain to close at N1.2.

Nascon allied industries Plc led the losers as it lost 5.72% to close at N14 followed by Lasaco Assurance Plc, which lost 3.57% to close at N0.27. Wapic Insurance Plc shed 2.86% to close at N0.34 with Unity bank Plc shedding 2.78% of its stock value to close at N0.7 while AIICO insurance rounded off the list having lost 2.74% to close at N0.71.