The All Share index of the Nigeria Stock Exchange closed lower by -1.53% at 24,479.22 points.
Value of trades was N3,138Bn in 4,464 deals. Total Market Capitalization stood at N12,7Trn.
Most actively traded stocks include: FBNH , NB, JAPAULOIL, ABBEYBDS, FCMB.
Top gainers are: Niemeth (+ 10%),Okomuoil (+9.94%), LawUnion (6.19%), Vitaform (5.47%), NB( 3.14%).
Top Losers are : Cadbury (-10.00%), Bua Cement (-10.00%), Berger (-9.40%), Wapco(- 7.41%), Dangcem ( -0.78%)
It appears all the listed Cement companies in Nigeria lost capitalized value.
In Corporate disclosures, Smart Nigeria Plc announced the filing of its 2019 full-year financial statement with the exchange.
The Initiates Plc filed their Q1 2020 unaudited Financial Statements with the Exchange.
C&I Leasing filed it 2019 Financial Statement with the Exchange.
Transcorp Hotels informed the public of the approval of its proposed right issue.
Cadbury informed the Exchange and the invested public of a change in its Directorship. Mr Atedo Peterside resigned from the Board of Cadbury as Chairman effective 30th June 2020.
This concludes the Stock Market Report.