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  • Business - Market Data
  • Updated: December 22, 2020

NSE Index: Dangote Cement Top Gainers List, CAP Among Losers

NSE Index: Dangote Cement Top Gainers List, CAP Among Losers

The Nigerian Stock Exchange (NSE) market closed with 4,948 deals on Tuesday, December 22, 2020, lower than the 5,258 deals it closed with on Monday, December 21, 2020. The volume reached 442,22 million units at the close of the market on Tuesday, higher than the 427,05 million units it closed with on Monday.

The value of trades recorded on Tuesday was NGN10,287 billion, higher than the NGN3,309 billion of Monday. Meanwhile, on Tuesday, the All-Share Index reached 37,893.61 index points, higher than the 37,443.40 All-Share Index of Monday.

The stock market also ended with a NGN19,805 trillion equity capitalisation on Tuesday, higher than the NGN19,570 trillion recorded on Monday.

READ ALSO: Union Bank CEO, Emeka Emuwa, Retires With Unimpressive Financial Performance

Top Five Gainers

Dangote Cement led the top gainers' chart after its stock price gained NGN14.6 kobo to close trading at NGN245 per share after opening today's trading with NGN230.4 kobo per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Eterna was second on the table, as its stock price gained NGN0.41 kobo to close the market with NGN4.51 kobo per share, having started trading today with NGN4.1 kobo per share.

Cadbury was the third top gainer as its stock price closed the market with NGN0.35 kobo gain to move from the opening price of NGN8.65 kobo per share to NGN9 per share.

Zenith Bank follows, closing the market with NGN0.2 kobo gain to end trading at NGN24.5 kobo per share from the opening share price of NGN24.3 kobo per share.

UBA was last on the top five gainers' table after its share price gained NGN0.2 kobo to close trading at NGN8.4 kobo per share, having opened trade at NGN8.2 kobo per share.

Top Five Losers

On the top of the losers' list is CAP, which had begun trading earlier today at NGN20 per share, only to drop in price by NGN-0.95 kobo to close at NGN19.05 per share at the end of trading today.

GTBank was second on the chart after closing at NGN33 per share from its opening trade price of NGN33.5 kobo per share; this represents a drop of NGN-0.5 kobo.

Wapco share price fell by NGN-0.5 kobo as its share price closed trading at NGN22 per share, lower than the NGN22.5 kobo per share it opened with.

READ ALSO: Eterna Plc's Major Stakeholders Are Selling Off Equity Amid Declining Revenue

Redstar Express also recorded a drop in its share price as it declined by NGN-0.33 kobo to close trading at NGN3.1 kobo per share, below the NGN3.43 kobo per share it opened with.

Vita Foam completed the top five losers chart after it closed trading with NGN7 per share, losing NGN-0.25 kobo from the NGN7.25 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 59.02 million units worth NGN1.44 billion. Mansard was the second most traded stock today with over 39.26 million units worth over NGN40.12 million. GTBank was next on the list, trading 38.21 million units worth NGN1.26 billion.

Japaul Gold was the fourth on the most traded stock list, closing the market with over33.05 million units traded at a cost of over NGN13 million, while First Bank completed the top five list with over 29.92 million units traded today, worth NGN209.45 million.

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