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  • Business - Market Data
  • Updated: December 14, 2020

NSE Index: Airtel Top Gainers List, Union Bank Among Losers

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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 4,154 deals on Monday, December 12, 2020, lower than the 4,810 deals it closed with on Friday, December 11, 2020. The volume reached 208,09 million units at the close of the market on Monday, lower than the 796,06 million units it closed with on Friday.

The value of trades recorded on Monday was NGN3,700 billion, lower than the NGN4,464 billion of Friday. Meanwhile, on Monday, the All-Share Index reached 34,843.44 index points, higher than the 34,250.74 All-Share Index of Friday.

The stock market also ended with a NGN18,211 trillion equity capitalisation on Monday, higher than the NGN17,901 trillion recorded on Friday.

Top Five Gainers

Airtel Africa led the top gainers' chart after its stock price gained NGN64 to close trading at NGN704 per share after opening today's trading with NGN640 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

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Dangote Cement was second on the table, as its stock price gained NGN5 to close the market with NGN188 per share, having started trading today with NGN183 per share.

Guinness was the third top gainer as its stock price closed the market with NGN0.65 kobo to move from the opening price of NGN17 per share to NGN17.65 kobo per share.

Wapco follows, closing the market with NGN0.45 kobo gain to end trading at NGN21 per share from the opening share price of NGN20.55 kobo per share.

BOC Gas was last on the top five gainers' table after its share price gained NGN0.43 kobo to close trading at NGN7.2 kobo per share, having opened trade at NGN6.77 kobo per share.

Top Five Losers

On the top of the losers' list is Nascon, which had begun trading earlier today at NGN16 per share, only to drop in price by NGN-1.5 kobo to close at NGN14.3 kobo per share at the end of trading today.

Ardova was second on the chart after closing at NGN12.2 kobo per share from its opening trade price of NGN13.05 per share; this represents a drop of NGN-0.85 kobo.

International Breweries share price fell by NGN-0.71 kobo as its share price closed trading at NGN6.47 kobo per share, lower than the NGN7.18 kobo per share it opened with.

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Union Bank also recorded a drop in its share price as it declined by NGN-0.3 kobo to close trading at NGN5.15 kobo per share, below the NGN5.45 kobo per share it opened with.

Cutix completed the top five losers chart after it closed trading with NGN1.72 kobo per share, declining by NGN-0.18 kobo from the NGN1.9 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trade in the stock market for today was Zenith Bank, which traded a volume of over 38.63 million units worth NGN875.67 million. GTBank was the second most traded stock today with over 19.16 million units worth over NGN632.18 million. Access Bank was next on the list, trading 16.14 million units worth NGN130.07 million.

Regalis was the fourth on the most traded stock list, closing the market with over 11.90 million units traded at a cost of over NGN2.3 million, while Mutual Benefit completed the top five list with over 9.19 million units traded today, worth NGN2.29 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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