NSE: Omoluabi Mortgage, Zenith Bank make top trade chart

October 24, 2019
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Omoluabi Mortgage Bank Plc, FCMB Group Plc, Transnational Corp of Nigeria, Zenith Bank, and United Bank for Africa Plc led the most actively traded stocks on the Nigerian Stock Exchange (NSE) on Thursday’s trading session.

While Omoluabi Mortgage Bank Plc, which made the chart three day consecutively, led the chart with 272 million shares valued at N149.6 million traded in 2 deal, FCMB Group followed with 36.1 million shares valued at N57.8 million in 26 deals and Transcorp traded 29.3 million shares valued at N29.1 million in 49 deals.

Zenith Bank followed with 24 million shares valued at N409.2 million traded in 471 deals and United Bank for Nigeria rounded off the top five most actively traded stocks with 16.8 million shares valued at N97.1 million traded in 279 deals.

The trading session ended Thursday in negative territory as the All-Share Index closed at 26,357.24 basis points, down by 0.15%.

Forte Oil Plc also earned the best-performing stock, as it gained 10% to close at N17.60, followed by Consolidated Hallmark Insurance Plc gained 8.82% to close at N0.37. Sterling Bank Plc gained 2.78% to close at N1.85, Dangote Sugar Plc and Continental Reinsurance Plc gained 1.47% to close at N10.35, and 1.29% to close at N2.35 respectively.

Guinness Nigeria Plc was the worst-performing stock, dropped by 9.88% to close at N26.45. GlaxoSmithKline Consumer Nigeria Plc also fell by 9.38% to close at N5.80.

Followed by Ikeja Hotel Plc, which fell by 9.32% to close at N1.07, UAC- Prop also fell by 9.17% to close at N0.99. McNichols Consolidated rounded off the top five losers for the day. The stock shed 6.12% to close at N0.46.

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