Business - Market Data
Updated: October 30, 2020

Nestle Gain Highest, As Guinness Top Losers' List On NSE

By Olalekan Fakoyejo
October 30, 2020
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The Nigerian Stock Exchange (NSE) market closed with 8,113 deals on Friday, October 30, 2020, higher than the 5,947 deals it closed with on Wednesday, October 28, 2020. The volume reached 807,81 million units at the close of the market on Friday, higher than the 375,24 million units it closed with on Wednesday.

The value of trades recorded on Friday was NGN10,501 billion, higher than the NGN4,634 billion of Wednesday. Meanwhile, on Friday, the All-Share Index reached 30,530.69 index points, higher than the 29,437.60 All-Share Index of Wednesday.

The stock market also ended with a NGN15,957 trillion equity capitalisation on Friday, higher than the NGN15,386 trillion recorded on Wednesday.

Top Five Gainers

Nestle led the top gainers' chart after its stock price gained NGN129.2 kobo to close trading at NGN1421.7 kobo per share after opening today's trading with NGN1292.5 kobo per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Mobil was second on the table, as its stock price gained NGN17.8 kobo to close the market with NGN196.1 kobo per share, having started trading today with NGN178.3 kobo per share.

Total was the third top gainer as its stock price closed the market with a NGN11 gain to move from the opening price of NGN118.9 kobo per share to NGN129.9 kobo per share.

Dangote Cement follows, closing the market with a gain of NGN4.7 kobo to end trading with NGN160 per share from the opening share price of NGN155.3 kobo per share.

BUA Cement was last on the top five gainers' table after its share price gained NGN4.1 kobo per share to close trading at NGN45.5 kobo per share, having opened trading at NGN41.4 kobo.

Top Five Losers

On the top of the losers' list is Guinness, which had begun trading earlier today at NGN17.55 kobo per share, only to drop in price by NGN-0.55 kobo to close at NGN17 per share at the end of trading today.

Nahco was second on the chart after closing at NGN2.1 kobo per share from its opening trade price of NGN2.22 kobo per share; this represents a drop of NGN-0.12 kobo.

PZ share price fell by NGN-0.1 kobo as its share price closed trading at NGN4.45 kobo per share, lower than the NGN4.55 kobo per share it opened with.

Prestige also recorded a drop in its share price as it declined by -10.00% to close trading at NGN0.54 kobo per share, below the NGN0.6 kobo per share it opened with.

Ecobank completed the top five losers chart after it closed trading with NGN5.65 kobo per share, declining by -0.88% from the NGN5.7 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were UBA, which traded a volume of over 108.55 million units worth NGN816.68 million. Access Bank was the second most traded stock today with over 94.73 million units worth over NGN746.94 million. First Bank was next on the list, trading 89.54 million units worth NGN581.45 million.

Zenith Bank was the fourth on the most traded stock list, closing the market with over 75.23 million units traded at a cost of over NGN1.65 billion, while GTBank completed the top five list with over 56.22 million units traded today, worth NGN1.80 billion.