Nigerian Exchange Limited
Unity Bank Posts 7.3 Percent Gain as Nigerian Stocks Extend Decline
Unity Bank Plc led gainers on Thursday despite the broad-based decline recorded at the Nigerian Exchange Limited (NGX) on the back of aggressive profit-taking.
Market capitalisation of all listed equities declined by N82.46 billion to N22.727 trillion after shedding N12 billion on Wednesday.
NGX All-Share Index dipped by 0.36 percent to 43,549.28 index points, moderating the year-to-date return to 8.14 percent.
Investors traded 161,307,800 shares worth N2.139 billion in 3,574 transactions during the trading hours of Thursday, in contrast to 270,701,973 shares valued at N5.627 billion that exchanged hands in 3,861 transactions on Wednesday.
A total of 21 stocks closed in the red, against 11 stocks that appreciated.
Unity Bank Plc led gainers with N0.04 or 7.27 percent to settle at N0.59 a share. FTN Cocoa Processors Plc followed with N0.02 or 5 percent to close at N0.42 a unit. See other details below.
Top Fiver Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| UNITYBNK | N 0.55 | N 0.59 | 0.04 | 7.27 % |
| FTNCOCOA | N 0.40 | N 0.42 | 0.02 | 5.00 % |
| UNIVINSURE | N 0.21 | N 0.22 | 0.01 | 4.76 % |
| WAPCO | N 24.85 | N 25.50 | 0.65 | 2.62 % |
| UPDC | N 1.65 | N 1.69 | 0.04 | 2.42 % |
Top Fiver Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| CORNERST | N 0.57 | N 0.52 | -0.05 | -8.77 % |
| CUTIX | N 6.20 | N 5.70 | -0.50 | -8.06 % |
| ETRANZACT | N 2.05 | N 1.90 | -0.15 | -7.32 % |
| REGALINS | N 0.41 | N 0.38 | -0.03 | -7.32 % |
| LASACO | N 1.12 | N 1.06 | -0.06 | -5.36 % |
Top Five Trades
| Symbols | Volume | Value |
|---|---|---|
| FBNH | 28155159.00 | 322074450.80 |
| TRANSCORP | 23505886.00 | 23505977.87 |
| ZENITHBANK | 12521490.00 | 301202590.90 |
| ACCESS | 9289303.00 | 86959543.35 |
| STERLNBANK | 8296307.00 | 12460536.00 |