NSE Index: Dangote Cement Wins Big As Market Performance Rises

The Nigerian Stock Exchange (NSE) market closed with 6,573.00 deals on Thursday, February 11th, 2021, lower than the 5,718.00 deals on Wednesday, February 10th, 2021. The volume reached 1,274,476,759.00 units at the close of the market on Thursday higher than the 366,858,804.00 units it closed with on Wednesday.

The value of trades recorded on Thursday was NGN6,397,175,495.00 with the All-Share Index of 41,014.30 an increase of 0.78% (318.29) over Wednesday’s value of 40,696.01

The stock market also ended with equity of N21.46 trillion capitalisation on Thursday lower than the N21.29 trillion equity recorded on Wednesday.

Top Five Gainers
Dangote Cement led the top gainers' chart after its stock price gained N15 to close trading at N228 kobo per share after opening the trading with N213 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

M Benefit was second on the table, as its stock price gained NGN0.02 kobo to close the market with N0.39  kobo per share, having started trading today with N0.37 kobo per share.

Sovrenins was the third top gainer, as its stock price closed the market with NGN0.01 kobo gain to move from the opening price of N0.27 kobo per share to N0.28 kobo per share.

Vitafoam takes the fourth spot, having closed the market with NGN0.3 kobo gain to end trading at N9.3 kobo per share from the opening share price of N9 per share.

Unilever was last on the list after its share price gained NGN0.35 kobo to close trading at N13.95 kobo per share, having opened trade at N13.6 per share.

Top Five Losers
On the top of the losers' list is Livestock, which had begun trading at NGN2.5 per share, only to drop in price by NGN-0.25 kobo to close at NGN2.25 kobo per share at the end of trading.

Link Assurance was second on the chart after closing at NGN0.54 kobo per share from its opening trade price of NGN0.6 kobo per share; this represents a drop of NGN0.06.

Nigeria Aviation’s share price fell by NGN0.23 kobo as its share price closed trading at NGN2.08 kobo per share, lower than the NGN2.31 kobo per share it opened with.

READ ALSO: NSE Index: GTBank, Zenith Bank Billions Trades Couldn't Make Top 5 Gainers

NN Flour Mills also recorded a drop in its share price as it declined by NGN-0.77 kobo to close trading at NGN7.02 kobo per share, below the NGN7.79 kobo per share it opened with.

Portland Paint completed the top five losers chart after it closed trading with NGN2.84 kobo per share, losing NGN-0.31 kobo from the NGN3.15 kobo per share it opened trading with.

Top Five Trades
AllNews learnt that the top trade in the stock market for Thursday is LivingTrust, which traded a volume of over 796.45 Million units worth over N493.8 billion.

Transcorp Hotels was second on the list with a volume of 55.75  million units worth over NGN50.53 million.

FBN Holdings was third on the list, trading 51.94 million units worth NGN364.51 Million.

UBA was fourth on the most traded stock list, closing the market with 48.78 million units traded at over NGN380.21 million.

Zenith Bank completes the top five list with over 31.1 million units traded at NGN885.3 Million.