NSE Index: MTN, Other Top Companies Experience Equal Loss

The Nigerian Stock Exchange (NSE) market closed with 5998.00 deals on Friday, February 5th, 2021, higher than the 4753.00 deals on Thursday, February 4th, 2021. The volume reached 482,186,192.00 units at the close of the market on Friday lower than the 629,410,194.00 units it closed with on Thursday.

The value of trades recorded on Friday was NGN5,579,658,812 with the All-Share Index of 41,709.09 a decrease of -0.18% (-76.76) over Thursday’s value of 41,785.80

The stock market also ended with equity of N21.82 trillion capitalisation on Friday lower than the N21.86 trillion equity recorded on Thursday.

Top Five Gainers
GT Bank led the top gainers' chart again after its stock price gained N3 to close trading at N36 per share after opening the trading with N33 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

NNFM was second on the table, as its stock price gained NGN0.77 kobo to close the market with N8.65 per share, having started trading today with N7.88 kobo per share.

Livestock Feeds was the third top gainer, as its stock price closed the market with NGN0.09 kobo gain to move from the opening price of N2.3 kobo per share to N2.39 kobo per share.

FTN Cocoa takes the fourth spot, having closed the market with NGN0.04 kobo gain to end trading at N0.52 kobo per share from the opening share price of N0.48 kobo per share.

Jaiz Bank was last on the list after its share price gained NGN0.04 kobo to close trading at N0.72 kobo per share, having opened trade at N0.68 per share.

Top Five Losers
On the top of the losers' list is Dangote Sugar, which had begun trading at NGN21 per share, only to drop in price by NGN-1 to close at NGN20 per share at the end of trading.

MTN was second on the chart after closing at NGN180 per share from its opening trade price of NGN181 per share; this represents a drop of NGN-1.

Total’s share price fell by NGN-1 as its share price closed trading at NGN142 per share, lower than the NGN143 per share it opened with.

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WAPCo also recorded a drop in its share price as it declined by NGN-1 to close trading at NGN26.75 kobo per share, below the NGN26.95 kobo per share it opened with.

Zenith Bank completed the top five losers chart after it closed trading with NGN26.0 kobo per share, losing NGN-0.2 kobo from the NGN26.75 kobo per share it opened trading with.

Top Five Trades
AllNews learnt that the top trade in the stock market for Thursday is UBN, which traded a volume of over 78.23 Million units worth over N453.72 million. Zenith Bank was second on the list with a volume of over 52.78  million units worth NGN1.37 billion. Transcorp was third on the list, trading over 31.17 million units worth NGN31.27 million.

UBA was the fourth on the most traded stock list, closing the market with over 26.9 million units traded at over NGN229.5 million. Courtville completes the top five list with over 25.8 million units traded at over NGN5.17 Million.