FCMB, Transcorp, Access Bank, 2 others boost trades by N358.2 million

First City Monument Bank, Transcorp Plc, FBN Holdings, Access Bank and Zenith Bank Plc boosted the trades on the floor of the Nigerian Stock Exchange by N358.2 million as they made the most traded stocks on Monday.

FCMB earned the most actively-traded stock as 55.6 million of its shares were traded at N89 million in 83 deals, as Transcorp Plc traded 17.1 million shares valued at N17.2 million in 69 deals. While FBN Holdings traded 14.3 million shares valued at N76.2 million in 160 deals, Access Bank and Zenith Bank, traded 7.3 million shares valued at N52.3 million traded in 209 deals and 6.8 million shares valued at N123.5 million traded in 341 deals, respectively.

On the gainers’ side, Africa Prudential Plc earned the best-performing stock as it gained by 9.94% to close at N3.52, followed by UAC Nigeria, which gained 8.40% to close at N7.1, and Cement Company of Northern Nigeria gained 2.70% to close at N15.2. NASCON Allied Industries Plc, and Conoil Plc, gained 2.27% to close at N13.2, and 0.98% to close at N15.4.

But trading at the bourse ended Monday in negative territory as the All-Share Index closed at 26,866.41 basis points, down by 0.45%.

Top Losers: SEPLAT Plc was the worst-performing stock, dropped by 6.85% to close at N517. Cadbury Plc also fell by 5.74% to close at N9.85. Stanbic IBTC Bank Plc fell by 2.50% to close at N37.05. Nestle Plc fell by 2.03% to close at N1230 as Nigerian Breweries Plc rounded off the top five losers for the day. It shed 0.70% to close at N50.

[READ ALSO: Zenith Bank appoints Henry Oroh Executive Director and Dr Al-mujtaba Abubakar Independent Non-executive Director]