Zenith Bank, GTB stocks emerge most traded at NSE, as UBA, Access, others rally gains

Zenith Bank as well as Guaranty Trust Bank emerged the most traded stocks on the floor of the Nigerian Stock Exchange (NSE), Thursday, as activities in equities closed on a positive note.
The All Share Index appreciated 0.63 per cent to close at 25,899.91points, as against the decline of 1.09 per cent recorded the preceding day to close at 25,736.92 points.
Market capitalization gained N56 billion to close at N8.909 trillion, in contrast to the decline of N97 billion recorded the preceding day to close at N8.853 trillion.
The appreciation recorded in the share prices of UBA, PZ Cussons, Zenith Bank, Nigerian Breweries and Access Bank were mainly responsible for the gain recorded in the Index.
The total value of stocks traded on the floors of the NSE today was N3.28billion, up 23.91 per cent from N2.65billion recorded the preceding day.
The total volume of stocks traded was 397.05million in 3,742 deals, while the three most actively traded stocks were Zenith Bank, Guaranty Trust Bank and Transcorp.
International Breweries Plc led the gainers table with N1.74 or 10.20 per cent to close at N18.80 per share, followed by Vitafoam Plc with 42 kobo or 9.77 per cent to close at N4.72 per share. FCMB Plc gained four kobo or 5.26 per cent to close at 80 kobo per share, while UBA Plc added 18 kobo or five per cent to close at N3.78 per share. PZ Cussons Plc rose N1.08 or 4.97 per cent to close at N22.79 per share.
Conversely, FBN Holdings Plc lost 18 kobo or 5.13 per cent to close at N3.33 per share, while NASCON Plc shed 34 kobo or 4.96 per cent to close at N6.52 per share. African Prudence Plc fell 13 kobo or 4.92 per cent to close at N2.51 per share, while Transcorp Plc dropped 27 kobo or 4.90 per cent to close at N5.24 per share. Cadbury Plc dipped 76 kobo or 4.89 per cent to close at N14.77 per share.