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  • Business - Market Data
  • Updated: December 11, 2020

NSE Index: Guinness Top Gainers As Dangote Cement Top Losers

The Nigerian Stock Exchange (NSE) market closed with 4,810 deals on Friday, December 11, 2020, lower than the 6,441 deals it closed with on Thursday, December 10, 2020. The volume reached 796,06 million units at the close of the market on Friday, higher than the 553,94 million units it closed with on Thursday.

The value of trades recorded on Friday was NGN4,464 billion, lower than the NGN6,638 billion of Thursday. Meanwhile, on Friday, the All-Share Index reached 34,250.74 index points, higher than the 34,577.26 All-Share Index of Thursday.

The stock market also ended with a NGN17,901 trillion equity capitalisation on Friday, lower than the NGN18,072 trillion recorded on Thursday.

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Top Five Gainers

Guinness led the top gainers' chart after its stock price gained NGN0.95 kobo to close trading at NGN17 per share after opening today's trading with NGN16.05 kobo per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Zenith Bank was second on the table, as its stock price gained NGN0.7 kobo to close the market with NGN22.7 kobo per share, having started trading today with NGN22 per share.

Vitaform was the third top gainer as its stock price closed the market with NGN0.55 kobo to move from the opening price of NGN6.35 kobo per share to NGN6,9 kobo per share.

GTBank follows, closing the market by NGN0.55 kobo to end trading with NGN32.9 kobo per share from the opening share price of NGN32.25 kobo per share.

First Bank was last on the top five gainers' table after its share price gained NGN0.55 kobo to close trading at NGN6.85 kobo per share, having opened trade at NGN6.3 kobo per share.

Top Five Losers

On the top of the losers' list is Dangote Cement, which had begun trading earlier today at NGN199 per share, only to drop in price by NGN-16 to close at NGN183 per share at the end of trading today.

Juluis Berger was second on the chart after closing at NGN17.55 kobo per share from its opening trade price of NGN18.4 kobo per share; this represents a drop of NGN-0.85 kobo.

Glaxo Smith share price fell by NGN-0.2 kobo as its share price closed trading at NGN6.5 kobo per share, lower than the NGN6.7 kobo per share it opened with.

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Unilever also recorded a drop in its share price as it declined by NGN-0.15 kobo to close trading at NGN12.9 kobo per share, below the NGN13.05 kobo per share it opened with.

Neimeth completed the top five losers chart after it closed trading with NGN2.2 kobo per share, declining by NGN-0.14 kobo from the NGN2.34 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were Jaiz Bank, which traded a volume of over 401.13 million units worth NGN260.75 million. Regalis was the second most traded stock today with over 59.10 million units worth over NGN11.83 million. Access Bank was next on the list, trading 49.40 million units worth NGN386.01 million.

Zenith Bank was the fourth on the most traded stock list, closing the market with over 47.77 million units traded at a cost of over NGN1.08 billion, while First Bank completed the top five list with over 28.90 million units traded today, worth NGN190.38 million.

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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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