ALERT: 1.05% of TRANSCORP's Outstanding Shares Traded on NSE Today

Proshare

Thursday, January 21, 2021 / 05:28 PM / by Proshare Research Header Image Credit: Transcorp Plc

 

At the close of trading today, a total volume of 428.29mln units of shares of Transcorp Plc valued at N559.21mln was traded. 

 

This represents 38.19% of the total market volumes of 1.12bn while the value of TRANSCORP shares traded represents 8.74% of the total market value traded which was put at N6.39bn.

 

Furthermore, the volume traded represents 1.05% of TRANSCORP's total shares outstanding put at 40.65bn shares while the value of the shares traded represents 1.19% of TRANSCORP market capitalisation as at January 21, 2021. 

 

A comparison of TRANSCORP today's volume traded with the previous day's trading volume revealed that it increased by 729%

 

The share price of  TRANSCORP moved down by a tick size of 9.37% to close at N1.16k at the close of trading yesterday from the previous price of N1.28k

 

It is pertinent to state that similar patterns of market trading occurred on Tuesday August 25, 2020 and Friday August 14, 2020 with updates/alerts issued by Proshare Research.


Year-to-date, TRANSCORP shares have moved up by +27.47% as against +2.06% YTD gain by the NSEASI, outperforming the broad market index, NSEASI, by 25.41%.


Feedbacks from a market operator suggests that today's activities is just a profit taking trading day and there is no specific buyer or seller that could be linked to the trading but the general market. Also, the stock has recorded some gains due to the announcement of the acquisition of 45% of OML 17 by Heirs Holdings.


Chart: 8 Days Share Price Movement and Volume Traded

Proshare Nigeria Pvt. Ltd.

Source: NSE, Proshare Research


Table: 8 Days Share Price Movement and Volume Traded

Date

Price (Naira)

Volume

21-Jan-21

1.16

                    428,291,699

20-Jan-21

1.28

                      51,653,643

19-Jan-21

1.17

                      42,940,581

18-Jan-21

1.07

                      43,145,307

15-Jan-21

0.98

                      36,269,389

14-Jan-21

0.95

                   136,578,001

13-Jan-21

0.95

                      10,018,375

12-Jan-21

0.96

                      44,268,834

Source: NSE, Proshare Research


Proshare Nigeria Pvt. Ltd.


Previous Alerts

  1. ALERT: 37.75% of Total Market Volume Traded on TRANSCORP Shares Today
  2. ALERT: 1.41% of JAIZBANK's Outstanding Shares Traded on NSE Today
  3. ALERT: 1.97% of MULTIVERSE's Outstanding Shares Traded on NSE Today
  4. ALERT: 45.90% of UAC-PROP's Outstanding Shares Traded on NSE Today
  5. ALERT: 21.88% of Total Market Volume Traded on OMOMORBNK Shares Today
  6. ALERT: 33.89% of Total Market Volume Traded on ZENITHBANK Shares Today
  7. ALERT: 28.78% of Total Market Volume Traded on ZENITHBANK Shares Today
  8. ALERT: 88.26% of Total Market Volume Traded on UAC-PROP Shares Today
  9. ALERT: 24.64% of Total Market Volume Traded on UACN Shares Today
  10. ALERT: 44.52% of Total Market Volume Traded on UACN Shares Today
  11. ALERT: 37.75% of Total Market Volume Traded on TRANSCORP Shares Today
  12. ALERT: 20.95% of Total Market Volume Traded on WAPIC Shares Today


Proshare Nigeria Pvt. Ltd. 


Related News

  1. Heir Holdings, Core Investor in TRANSCORP Acquires 45% of OML 17 from Shell, Total and ENI
  2. TRANSCORP Reaches Agreement with Efora Energy Ltd to Settle Legal Disputes on OPL 281
  3. Transcorp Acquires Afam Power
  4. TRANSCORP Declares N1.7bn PAT in Q3 2020 Results, (SP:N0.71k)
  5. ALERT: 37.75% of Total Market Volume Traded on TRANSCORP Shares Today
  6. ALERT: 40.88% of Total Market Volume Traded on TRANSCORP Shares Yesterday
  7. TRANSCORP Declares N778m PAT in Q2 2020 Results, (SP:N0.59k)
  8. TRANSCORP Appoints Mrs Foluke Abdulrazaq As Vice Chairman
  9. TRANSCORP Declares N957m Total Comprehensive Loss in Q1 2020 Results,(SP:N0.72k)
  10. TRANSCORP To Hold Its 14th Annual General Meeting Virtually
  11. TRANSCORP Notifies of Board Meeting
  12. TRANSCORP To Hold 14th AGM on April 28, 2020
  13. TRANSCORP Postpones AGM Due to COVID-19 Outbreak
  14. TRANSCORP To Hold Its 14th AGM On March 25, 2020
  15. TRANSCORP Declares N3.7bn PAT in 2019 Audited Results,(SP:N0.88k)
  16. Transcorp Group Announces Significant New Executive and Non-Executive Board Appointments

 

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd. 

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