The Nigerian Stock Exchange (NSE) market closed with 10,704 deals on Thursday, November 12, 2020, higher than the 8,142 deals it closed with on Wednesday, November 10, 2020. The volume reached 1,192 billion units at the close of the market on Thursday, higher than the 858.15 million units it closed with on Wednesday.
The value of trades recorded on Thursday was NGN17,395 billion, higher than the NGN9,062 billion of Wednesday. Meanwhile, on Thursday, the All-Share Index reached 35,342.46 index points, higher than the 33,268.36 All-Share Index of Wednesday.
The stock market also ended with a NGN18,467 trillion equity capitalisation on Thursday, higher than the NGN17,383 trillion recorded on Wednesday.
Nestle led the top gainers' chart after its stock price gained NGN50 to close trading at NGN1450 per share after opening today's trading with NGN1400 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.
Airtel Africa was second on the table, as its stock price gained NGN41 to close the market with NGN451.2 kobo per share, having started trading today with NGN410.2 kobo per share.
Dangote Cement was the third top gainer as its stock price closed the market with a NGN15 gain to move from the opening price of NGN185 per share to NGN200 per share.
Presco follows, closing the market with a gain of NGN7.25 kobo to end trading with NGN79.75 kobo per share from the opening share price of NGN72.5 kobo per share.
Nigerian Breweries was last on the top five gainers' table after its share price gained NGN5.6 kobo to close trading at NGN63.1 kobo per share, having opened trading at NGN57.5 kobo per share.
On the top of the losers' list is Eterna, which had begun trading earlier today at NGN5.07 per share, only to drop in price by NGN-0.5 kobo to close at NGN4.57 kobo per share at the end of trading today.
GSPECPLC was second on the chart after closing at NGN4.19 kobo per share from its opening trade price of NGN4.65 kobo per share; this represents a drop of NGN-0.46 kobo.
May & Baker share price fell by NGN-0.35 kobo as its share price closed trading at NGN3.25 kobo per share, lower than the NGN3.6 kobo per share it opened with.
Morison also recorded a drop in its share price as it declined by -9.26% to close trading at NGN0.49 kobo per share, below the NGN0.54 kobo per share it opened with.
NEM completed the top five losers chart after it closed trading with NGN2.2 kobo per share, declining by -2.22% from the NGN2.25 kobo per share it opened trading with.
Top Five Trades
AllNews learnt that the top trades in the stock market for today were Zenith Bank, which traded a volume of over 161.38 million units worth NGN4.46 billion. First Bank was the second most traded stock today with over 121.49 million units worth over NGN1 billion. Access Bank was next on the list, trading 100.84 million units worth NGN992.77 million.
UBA was the fourth on the most traded stock list, closing the market with over 80.45 million units traded at a cost of over NGN770.42 million, while Fidelity Bank completed the top five list with over 79.50 million units traded today, worth NGN239.48 million.