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  • Business - Market Data
  • Updated: February 09, 2021

NSE Index: Company's Market Activity Records Extremely Low Income

NSE Index:  Company's Market Activity Records Extremely Low

The Nigerian Stock Exchange (NSE) market closed with 4,969.00 deals on Tuesday, February 9th, 2021, lower than the 5,251.00 deals on Monday, February 8th, 2021. The volume reached 305,927,696.00 units at the close of the market on Tuesday lower than the 340,284,414.00 units it closed with on Monday.

The value of trades recorded on Tuesday was NGN3,951,732,662.82 with the All-Share Index of 41,510.16 a decrease of -0.13% (-54.15) over Monday’s value of 41,564.31

The stock market also ended with equity of N21.72 trillion capitalisation on Tuesday lower than the N21.74 trillion equity recorded on Monday.

Top Five Gainers
Champion led the top gainers' chart after its stock price gained N0.25 to close trading at N2.75 kobo per share after opening the trading with N2.5 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

RT Briscoe was second on the table, as its stock price gained NGN0.02 kobo to close the market with N0.22 kobo per share, having started trading today with N0.2 kobo per share.

Morison was the third top gainer, as its stock price closed the market with NGN0.55 kobo gain to move from the opening price of N0.5 kobo per share to N0.05 per share.

Linkage takes the fourth spot, having closed the market with NGN0.06 kobo gain to end trading at N0.66 kobo per share from the opening share price of N0.6 kobo per share.

Wema Bank was last on the list after its share price gained NGN0.05 kobo to close trading at N0.7 kobo per share, having opened trade at N0.65 per share.

Top Five Losers
On the top of the losers' list is NNFM, which had begun trading at NGN8.65 per share, only to drop in price by NGN-0.86 kobo to close at NGN7.79 kobo per share at the end of trading.

NEM Insurance was second on the chart after closing at NGN2.27 kobo per share from its opening trade price of NGN2.5 kobo per share; this represents a drop of NGN-0.23 kobo.

Niger Insurance’s share price fell by NGN-0.02 kobo as its share price closed trading at NGN0.2 kobo per share, lower than the NGN0.22 kobo per share it opened with.

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Japaul gold also recorded a drop in its share price as it declined by NGN-0.07 to close trading at NGN0.72 kobo per share, below the NGN0.79 kobo per share it opened with.

MultiVerse completed the top five losers chart after it closed trading with NGN0.24 kobo per share, losing NGN-0.02 kobo from the NGN0.26 kobo per share it opened trading with.

Top Five Trades
AllNews learnt that the top trade in the stock market for Tuesday is FBN Holdings, which traded a volume of over 78.8 Million units worth N351.06 million. Guinness was second on the list with a volume of over 37.24  million units worth NGN732.33 million. RT Briscoe was third on the list, trading over 26.83 million units worth NGN5.9 million.

Zenith Bank drops to fourth on the most traded stock list, closing the market with over 25.07 million units traded at over NGN651.00 million. Sterling Bank completes the top five list with over 19.9 million units traded at over NGN38.15 Million.

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