By Financescape
NSE equities market closed the week on a positive trend, However, the benchmark index depreciated by -0.29% WOW to close the week at 27,698.69.
The All Share Index closed the week at 27,698.69 basis points, Year to date returns stands at -11.87%. the market closed the week on a positive trend although, the NSE All-Share depreciated by, N0.29%, NSE Main Board depreciated by 0.86% and NSE Asem Indices depreciated by 0.60%.
Market Capitalization closed the week at N13.484 trillion.
A total of 1.272 billion shares were traded during the week valued at N18.750 billion in 19,482 deals against a total of 1.147 billion shares valued at N14.082 billion in 17,980 deals that were traded last week.
Top Gainers: at the end of trading on Friday, September 20, 2019, CUTIX gained 9.86% top the gainers’ chart to close at N1.56, followed by UPL closed at N1.15, UNITYBNK closed at N0.68, CAVERTON closed at N2.53, STANBIC round-up the top five gainers of the day to close at N42.85.
Top Losers: PORTPAINT lead the losers chart declining by -9.72% to close at N2.23, followed by ABCTRANS to close at N0.33, ETERNA closed at N2.75, LASACO closed at N0.28 and CADBURY round-up the top five losers for the day to close at N10.95.
CORPORATE NEWS:
Lifting of Suspension Placed on Trading in the Shares of R.T. Briscoe (Nigeria) Plc: the suspension placed on trading on the shares of R.T. Briscoe (Nigeria) Plc was lifted on, Wednesday, 18th September 2019.
Wapic insurance plc – proposed rights issue: Wapic Insurance Plc has through its Stockbroker, Coronation Securities Limited, submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue, on the ratio of seven new ordinary shares for every six ordinary shares held. The Qualification Date for the Rights Issue was Thursday, 19 September 2019.
