• Business - Market Data
  • Updated: October 02, 2020

Nigerian Stock Exchange Price List Shows Dangote Cement Lead Gainers, UACN Top Losers

Nigerian Stock Exchange Price List: The latest Nigerian stock market today brought news of the exchange closing at 4,553 deals on Friday, October 2, 2020; lower than the 4,046 deals it closed with on Wednesday, (note that market was closed on Independence Day: Thursday) September 30, 2020, while the volume reached 459,7 million units at the close of the market on Friday, lower than the 322.7 million units it closed with on Wednesday.

The value of trades recorded on Friday was NGN4,304 billion, higher than the NGN4,039 billion of Wednesday.

Meanwhile, on Friday, the All-Share Index reached 26,985.77 index points, higher than the 26,831.76 index points it ended trading with on Wednesday. The stock market also ended with NGN14,105 trillion equity capitalisation on Friday, higher than the NGN14,024 trillion of Wednesday.

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Top Five Gainers

Dangote Cement led the top gainers' chart after its stock price gained NGN1.1 kobo to close trading at NGN144 per share after opening today's trading with NGN142.9 per share, this is according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

MTN Nigeria was second on the table, as its stock price gained NGN1 to close the market with NGN130 per share, having started trading today with NGN129 per share.

GTBank was the third top gainer as its stock price closed the market with NGN0.95 kobo gain to move from the opening price of NGN28.05 kobo per share to NGN29 per share. Dangote Sugar follows, closing the market with a gain of NGN0.5 kobo to end trading with NGN12.9 kobo per share from the opening share price of NGN12.4 kobo per share. Julius Berger was last on the top five gainers' table after its share price rose from NGN16.05 per share to close trading at NGN16.25 kobo per share, after gaining NGN0.2 kobo.

Top Five Losers

On the top of the losers list is UAC Nigeria, which had begun trading earlier today at NGN6.95 kobo per share, only to drop in price by NGN-0.45 kobo to close at NGN6.5 kobo per share at the end of trading today.

Flour Mills was second on the chart after closing at NGN21.5 kobo per share from its opening trade price of NGN21.65 kobo per share; this represents a drop of NGN-0.15 kobo. Ecobank also recorded a drop in its share price as it declined by NGN-0.1 kobo to close trading at NGN4.1 kobo per share, below the NGN4.2 kobo per share it opened with.

FCMB also recorded a drop in its share price as it declined by -4.11% to close trading at NGN2.1 kobo per share, below the NGN2.19 kobo per share it opened with. Cornerstone completed the top five losers chart after it closed trading with NGN0.6 kobo per share, declining by -7.69% from the NGN0.65 kobo per share it opened trading with.

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Top Five Trades

AllNews learnt that the top trades in the stock market for today were Zenith Bank, which traded a volume of over 132.3 million units worth NGN2.3 billion. Sterling Bank was the second most traded stock today with over 83.7 million units worth over NGN107.2 million. UBA was next on the list, trading 43.3 million units worth NGN264.9 million.

Access Bank was the fourth on the most traded stock list, closing the market with over 40.9 million units traded at a cost of over NGN274 million, while Fidelity Bank completed the top five list with over 39.4 million units traded today, worth NGN73 million.


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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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