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  • Business - Market Data
  • Updated: March 24, 2021

NSE Index: Stanbic IBTC Leads Gainers Chart As MRS Tops Losers

The Nigerian Stock Exchange (NSE) market closed with 4,018.00 deals on Wednesday, March 24th, 2021, higher than the 3,937.00 deals on Tuesday, March 23rd, 2021. The volume reached 361,903,179.00 units at the close of the market on Wednesday lower than the 410,386,365.00 units it closed with on Tuesday.

The value of trades recorded on Wednesday was N5,701,984,662.45 with the All-Share Index of 39,085.78 an increase of 0.98% or 380.81 over Tuesday's value of 38,704.97

The stock market also ended with an equity cap of N20.45 trillion capitalization on Wednesday higher than the N20.25 trillion recorded on Tuesday

Top Five Gainers
Stanbic IBTC
led the top gainers' chart after its stock price gained N4.40 to close trading at N48.45 kobo per share after opening the trading with N44.05 kobo per share indicating a 9.99 percent change, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

NPF Microfinance Bank was second on the chart, as its stock price gained NGN0.17 kobo equivalent to a 9.60 percent change to close the market with N1.94 kobo per share, having started trading with N1.77 kobo per share.

Cornerstone, been third on the gainers' list closed the market with NGN0.61 kobo per share from the opening price of N0.56 kobo per share which represents an increase of N0.05 kobo gain indicating a 8.93% change in the share price.

Guinness takes the fourth spot, having closed the market with NGN1.85 kobo gain, 8.76 percent change in the share price to end trading at N27.30 kobo per share from the opening share price of N25.10 kobo per share.

READ ALSO: Stock Market Today: Cap, Wapic Insurance Top Gainers With 10% Increase

Oando was last on the list after its share price gained NGN0.27 kobo a change of 8.68 percent to close trading at N3.11 kobo per share, having opened trade at N3.38 per share.

Top Five Losers
MRS Oil tops the decliners' list today Wednesday, March 24th, 2021, having begun trading at NGN13.40 kobo per share, only to drop in price by NGN-1.30 kobo indicating a -9.70% change to close at NGN13.40 kobo per share at the end of trading.

Wapic Insurance was second on the chart after closing at NGN0.50 kobo per share from its opening trade price of NGN0.55 kobo per share; this represents a change of -9.09 percent or NGN-0.02 kobo.

Lafarge WapCo also recorded a drop in its share price as it declined by NGN-20.90 kobo, -6.67 percent change in its market share to close trading at NGN0.56 kobo per share, below the NGN0.60 kobo per share it opened with.

Africa Prudential share price fell by NGN-0.30 kobo a percentage change of -5.45%, as its share price closed trading at NGN5.20 kobo per share, lower than the NGN5.50 kobo per share it opened with.

READ ALSO: GT Bank Plans Kenyan Bank Acquisition

Livestock Feeds completed the top five decliners chart after it closed trading with NGN1.81 kobo per share, losing NGN-0.09 kobo, a drop of -4.74 percent in its market share price, from the NGN1.90 kobo per share it opened trading with.

Top Five Trades
AllNews learnt that the top trade in the stock market for Tuesday 24th March 2021 is UBN which traded a volume of over 79.34 million units worth over N420.53 million.

GT Bank is the second on the list with a volume of 76.62 million units worth NGN2.26 billion.

Third On the list is Veritas Kapital having traded with 50.25 million units worth over N10.52 million.

Eko Corp was fourth on the most traded stock market list today, closing the market with over N26.83 million units traded at over NGN832.28 million.

Zenith Bank completes the top five list with over 16.67 million units traded at over NGN367.03 Million.

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Samuel, O Adegbite
Samuel, O Adegbite

Digital/Social Media Manager

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