ALERT: 21.88% of Total Market Volume Traded on OMOMORBNK Shares Today

Proshare

Friday, November 06, 2020/  4:08 PM / by Proshare Research Header Image Credit: Twitter; @ombankplc

 

At the close of trading today, a total volume of 139.50mln units of shares of Omoluabi Mortgage Bank Plc (Now Living Trust Mortgage Bank Plc) valued at N83.7mln were traded. 

 

This represents 21.88% of the total market volumes of 637.49mln while the value of OMOMORBNK shares traded represents 1.60% of the total market value traded which was put at N5.23bn.

 

Furthermore, the volume traded represents 2.79% of OMOMORBNK's total shares outstanding put at 5.00bn shares while the value of the shares traded also represents 2.79% of OMOMORBNK market capitalization as at November 06, 2020. 

 

A comparison of OMOMORBNK today's volume traded with the previous day's traded volume revealed that it increased by 21945.93%.

 

The share price of  OMOMORBNK closed flat at N0.60k at the close of trading today.

 

Year-to-date, OMOMORBNK shares have moved up +9.09% as against +15.55% YTD return recorded by the NSEASI, underperforming the broad market index by 6.46%.

 

It is pertinent to state that trading activities on the stock has not been frequent as the last trading recorded on the stock before today was on October 6th, 2020 which almost a month ago. The huge volume traded may represent a strategic move by certain investors.

 

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

06-Nov-20

0.6

139,500,000

08-Oct-20

0.6

632,770

27-Apr-20

0.6

2,000,000

22-Apr-20

0.6

1,000,000

21-Apr-20

0.6

2,000,000

20-Apr-20

0.55

2,000,000

14-Apr-20

0.55

293,000,000

07-Apr-20

0.55

1,100,000,000

Source: NSE, Proshare Research


Proshare Nigeria Pvt. Ltd.


Previous Alerts

1.       ALERT: 45.87% of Total Market Volume Traded on REGALINS Shares Today 

2.      ALERT: 33.89% of Total Market Volume Traded on ZENITHBANK Shares Today

3.      ALERT: 28.78% of Total Market Volume Traded on ZENITHBANK Shares Today

4.      ALERT: 88.26% of Total Market Volume Traded on UAC-PROP Shares Today

5.      ALERT: 24.64% of Total Market Volume Traded on UACN Shares Today

6.      ALERT: 44.52% of Total Market Volume Traded on UACN Shares Today

7.      ALERT: 37.75% of Total Market Volume Traded on TRANSCORP Shares Today

8.     ALERT: 20.95% of Total Market Volume Traded on WAPIC Shares Today

 


Proshare Nigeria Pvt. Ltd.


Related News

1.       OMOSAVBNK Declares N113m PAT in Q3 2020 Results, (SP:N0.55k)

2.      OMOSAVBNK Notifies of Board Meeting Date and Commencement of Closed Period

3.      OMOSAVBNK Changes Name to Living Trust Mortgage Bank

4.      OMOSAVBNK Declares N41.49m PAT in Q2 2020 Results, (SP:N0.90k)

5.      OMOSAVBNK Declares N41.49m PAT in Q2 2020 Results, (SP:N0.90k)

6.      OMOSAVBNK Notifies of Board Meeting Date and Commencement of Closed Period

7.      OMOSAVBNK Appoints Six New Directors To Its Board

8.     OMOSAVBNK To Hold 6th AGM on June 25, 2020; Lists Proxies

9.      OMOSAVBNK Declares N27.8m PAT in Q1 2020 Unaudited Result,(SP:N0.55k)

10.  OMOSAVBNK Notifies of Dealing in 1.4bn Volume of Shares By Morgan Capital Securities Limited


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP