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  • Business - Market Data
  • Updated: December 16, 2020

NSE Index: Nestle Top Gainers List, Wapco Lead Losers Chart

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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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The Nigerian Stock Exchange (NSE) market closed with 3,952 deals on Wednesday, December 16, 2020, lower than the 4,354 deals it closed with on Tuesday, December 15, 2020. The volume reached 650,54 million units at the close of the market on Wednesday, higher than the 264,24 million units it closed with on Tuesday.

The value of trades recorded on Wednesday was NGN2,287 billion, lower than the NGN2,947 billion of Tuesday. Meanwhile, on Wednesday, the All-Share Index reached 35,493.15 index points, higher than the 35,225.22 All-Share Index of Tuesday.

The stock market also ended with a NGN18,550 trillion equity capitalisation on Wednesday, higher than the NGN18,410 trillion recorded on Tuesday.

READ ALSO: Eleven Banks Face Non-Performing Loans Risk After Increasing Loans To Individuals, Businesses

Top Five Gainers

Nestle led the top gainers' chart after its stock price gained NGN105 to close trading at NGN1505 per share after opening today's trading with NGN1400 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Flour Mill was second on the table, as its stock price gained NGN1.8 kobo to close the market with NGN26.5 kobo per share, having started trading today with NGN24.7 kobo per share.

Zenith Bank was the third top gainer as its stock price closed the market with NGN0.6 kobo gain to move from the opening price of NGN23.5 kobo per share to NGN24.1 kobo per share.

Guinness follows, closing the market with NGN0.6 kobo gain to end trading at NGN18.6 kobo per share from the opening share price of NGN18 per share.

GTBank was last on the top five gainers' table after its share price gained NGN0.4 kobo to close trading at NGN33.95 kobo per share, having opened trade at NGN33.55 kobo per share.

Top Five Losers

On the top of the losers' list is Wapco, which had begun trading earlier today at NGN22.5 kobo per share, only to drop in price by NGN-0.5 kobo to close at NGN22 per share at the end of trading today.

United Capital was second on the chart after closing at NGN4.4 kobo per share from its opening trade price of NGN4.54 kobo per share; this represents a drop of NGN-0.14 kobo.

Dangote Sugar share price fell by NGN-0.1 kobo as its share price closed trading at NGN17.9 kobo per share, lower than the NGN18 per share it opened with.

Oando also recorded a drop in its share price as it declined by NGN-0.1 kobo to close trading at NGN2.8 kobo per share, below the NGN2.9 kobo per share it opened with.

READ ALSO: PZ Cussons Appoints Former Access Bank Chairman As Non-Executive Director

NNFM completed the top five losers chart after it closed trading with NGN6.13 kobo per share, declining by -1.13% from the NGN6.2 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trade in the stock market for today was Jaiz Bank, which traded a volume of over 414.97 million units worth NGN216.96 million. Mansard was the second most traded stock today with over 22.32 million units worth over NGN17.19 million. Zenith Bank was next on the list, trading 19.33 million units worth NGN472.71 million.

Skyway Aviation was the fourth on the most traded stock list, closing the market with over 19 million units traded at a cost of over NGN50.63 million, while Access Bank completed the top five list with over 15.75 million units traded today, worth NGN130.34 million.

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Olalekan Fakoyejo
Olalekan Fakoyejo

Fakoyejo Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ)....

More From this Author

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