By Financescape
EQUITY
NSE equities market closed the week in a positive rally, as the benchmark index depreciated by -0.09%, WOW to close the week at 27,675.04. Year to date returns stand at -11.95%.
Market turnover
As negative investor sentiment persists market turnover closed negative, a total of 1.097 billion shares were traded during the week valued at N16.693 billion in 14,717 deals against a total of 1.272 billion shares valued at N18.750 billion in 19,482 deals that were traded last week.
The Financial Services industry record the highest activity by volume as a total of 751.568 million shares valued at N6.414 billion, Consumer Goods industry followed with 141.469 million shares worth N8.531 billion. The Conglomerates Industry takes the third position during the week with a turnover of 101.787 million shares valued at N203.242 million.
Top Gainers: at the end of trading on Friday, September 27, 2019, SEPLAT gained 10.0% top the gainers’ chart to close at N556.60, followed by TOTAL closed at N120.00, AIRTELAFRI closed at N308.00, WAPCO closed at N16, VETGOODS round-up the top five gainers of the day to close at N5.59 .
Top Losers: CCNN lead the losers chart declining by -9.944% to close at N14.95, followed by LEARNAFRCA to close at N1.12, NAHCO closed at N2.34, CHIPLC closed at N0.30 and CORNERST round-up the top five losers for the day to close at N0.42.
CORPORATE NEWS:
Lifting of Suspension Placed on Trading in the Shares of Guinea Insurance Plc and Niger Insurance Plc: The suspension placed on trading on the shares of Guinea Insurance Plc and Niger Insurance Plc was lifted on Wednesday, 25 September 2019.
ACCESS BANK NIGERIA PLC: Price was adjusted to N6.95 per share on September 24, 2019 due to the payment of an interim dividend of N0.25 per share.
LEARN AFRICA PLC: Price was adjusted to N1.24 per share on September 23, 2019, due to the payment of an interim dividend of N0.15 per share.
GUINNESS NIGERIA PLC: Price was adjusted to N35.48 per share on September 23, 2019, due to the payment of an interim dividend of N1.52 per share.
