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  • Business - Market Data
  • Updated: November 27, 2020

NSE Index: MTN Top Gainers List As Guinness Make Losers List

The Nigerian Stock Exchange (NSE) market closed with 3,976 deals on Friday, November 27, 2020, lower than the 5,407 deals it closed with on Thursday, November 26, 2020. The volume reached 190,28 million units at the close of the market on Friday, lower than the 257,55 million units it closed with on Thursday.

The value of trades recorded on Friday was NGN3,330 billion, lower than the NGN3,529 billion of Thursday. Meanwhile, on Friday, the All-Share Index reached 34,885.51 index points, higher than the 34,803.00 All-Share Index of Thursday.

The stock market also ended with a NGN18,227 trillion equity capitalisation on Friday, higher than the NGN18,184 trillion recorded on Thursday.

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Top Five Gainers

MTN Nigeria led the top gainers' chart after its stock price gained NGN2 to close trading at NGN155 per share after opening today's trading with NGN153 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Unilever was second on the table, as its stock price gained NGN0.75 kobo to close the market with NGN13.75 kobo per share, having started trading today with NGN13 per share.

Fidson was the third top gainer as its stock price closed the market with a NGN0.37 kobo gain to move from the opening price of NGN5.1 kobo per share to NGN5.47 kobo per share.

Nahco follows, closing the market with a gain of NGN0.2 kobo to end trading with NGN2.4 kobo per share from the opening share price of NGN2.2 kobo per share.

First Bank was last on the top five gainers' table after its share price gained NGN0.15 kobo to close trading at NGN7.4 kobo per share, having opened trade at NGN7.25 kobo per share.

Top Five Losers

On the top of the losers' list is GTBank, which had begun trading earlier today at NGN35.4 kobo per share, only to drop in price by NGN-0.4 kobo to close at NGN35 per share at the end of trading today.

Guinness was second on the chart after closing at NGN19 per share from its opening trade price of NGN19.3 kobo per share; this represents a drop of NGN-0.3 kobo.

Portland Paint share price fell by NGN-0.24 kobo as its share price closed trading at NGN2.61 kobo per share, lower than the NGN2.85 kobo per share it opened with.

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Mansard also recorded a drop in its share price as it declined by NGN-0.16 kobo to close trading at NGN2.34 kobo per share, below the NGN2.5 kobo per share it opened with.

NEM completed the top five losers chart after it closed trading with NGN2.47 kobo per share, declining by -3.14% from the NGN2.55 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were Transcorp, which traded a volume of over 37.48 million units worth NGN37.64 million. Access Bank was the second most traded stock today with over 22.86 million units worth over NGN195.90 million. First Bank was next on the list, trading 19.78 million units worth NGN145.66 million.

Zenith Bank was the fourth on the most traded stock list, closing the market with over 15.37 million units traded at a cost of over NGN145.66 million, while MTN Nigeria completed the top five list with over 11.58 million units traded today, worth NGN1.79 billion.

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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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