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  • Business - Market Data
  • Updated: November 04, 2020

CAP Makes NSE Gainer List As First Bank Joins Loser List

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Olalekan Fakoyejo
Olalekan Fakoyejo

Fakoyejo Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ)....

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The Nigerian Stock Exchange (NSE) market closed with 2,889 deals on Wednesday, November 4, 2020, lower than the 5,575 deals it closed with on Tuesday, November 3, 2020. The volume reached 286,44 million units at the close of the market on Wednesday, lower than the 336,09 million units it closed with on Tuesday.

The value of trades recorded on Wednesday was NGN3,094 billion, lower than the NGN3,890 billion of Tuesday. Meanwhile, on Wednesday, the All-Share Index reached 30,741.88 index points, higher than the 30,733.47 All-Share Index of Tuesday.

The stock market also ended with a NGN16,068 trillion equity capitalisation on Wednesday, higher than the NGN16,063 trillion recorded on Tuesday.

READ ALSO: How Police Killed Dangote Refinery Worker During Company Protest

Top Five Gainers

CAP led the top gainers' chart after its stock price gained NGN0.7 kobo to close trading at NGN23 per share after opening today's trading with NGN22.3 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

FCMB was second on the table, as its stock price gained NGN0.15 kobo to close the market with NGN3.05 kobo per share, having started trading today with NGN2.9 kobo per share.

GTBank was the third top gainer as its stock price closed the market with a NGN0.1 kobo gain to move from the opening price of NGN32 per share to NGN32.1 kobo per share.

Dangote Sugar follows, closing the market with a gain of NGN0.1 kobo to end trading with NGN15.5 kobo per share from the opening share price of NGN15.4 kobo per share.
Caverton was last on the top five gainers' table after its share price gained 3.68% to close trading at NGN1.97 kobo per share, having opened trading at NGN1.9 kobo per share.

Top Five Losers

On the top of the losers' list is Julius Berger, which had begun trading earlier today at NGN17.5 kobo per share, only to drop in price by NGN-0.45 kobo to close at NGN17.5 kobo per share at the end of trading today.

Glaxo Smith was second on the chart after closing at NGN5.9 kobo per share from its opening trade price of NGN6 per share; this represents a drop of NGN-0.1 kobo.

First Bank share price fell by -0.79% as its share price closed trading at NGN6.3 kobo per share, lower than the NGN6.35 kobo per share it opened with.

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Ecobank also recorded a drop in its share price as it declined by -0.96% to close trading at NGN5.15 kobo per share, below the NGN5.2 kobo per share it opened with.

Union Bank completed the top five losers chart after it closed trading with NGN5.5 kobo per share, declining by -0.90% from the NGN5.55 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were Access Bank, which traded a volume of over 145.01 million units worth NGN1.16 billion. Zenith Bank was the second most traded stock today with over 21.86 million units worth over NGN477.84 million. UBA was next on the list, trading 17.04 million units worth NGN130.01 million.

Mutual Benefit was the fourth on the most traded stock list, closing the market with over 13.03 million units traded at a cost of over NGN2.60 million, while Stanbic IBTC completed the top five list with over 11.31 million units traded today, worth NGN520.39 million.

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Olalekan Fakoyejo
Olalekan Fakoyejo

Fakoyejo Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ)....

More From this Author

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