NSE Index: Top Five List Of Gainers And Losers

The Nigerian Stock Exchange (NSE) market closed with 8,712 deals on Tuesday, November 17, 2020, lower than the 10,319 deals it closed with on Monday, November 16, 2020. The volume reached 9,360 billion units at the close of the market on Tuesday, higher than the 668.53 million units it closed with on Monday.

The value of trades recorded on Tuesday was NGN12,021 billion, higher than the NGN7,849 billion of Monday. Meanwhile, on Tuesday, the All-Share Index reached 34,242.83 index points, lower than the 34,774.08 All-Share Index of Monday.

The stock market also ended with a NGN17,892 trillion equity capitalisation on Tuesday, lower than the NGN18,170 trillion recorded on Monday.

Top Five Gainers

Conoil led the top gainers' chart after its stock price gained NGN1.8 kobo to close trading at NGN20.85 kobo per share after opening today's trading with NGN19.05 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Dangote Sugar was second on the table, as its stock price gained NGN1 to close the market with NGN21 per share, having started trading today with NGN20 per share.

GTBank was the third top gainer as its stock price closed the market with a NGN1 gain to move from the opening price of NGN36 per share to NGN37 per share.

GlaxoSmith follows, closing the market with a gain of NGN0.65 kobo to end trading with NGN7.45 kobo per share from the opening share price of NGN6.8 kobo per share.

BOCGAS was last on the top five gainers' table after its share price gained NGN0.53 kobo to close trading at NGN5.85 kobo per share, having opened trading at NGN5.32 kobo per share.

Top Five Losers

On the top of the losers' list is Nestle, which had begun trading earlier today at NGN1450 per share, only to drop in price by NGN-50 to close at NGN1400 per share at the end of trading today.

Dangote Cement was second on the chart after closing at NGN187.1 kobo per share from its opening trade price of NGN200 per share; this represents a drop of NGN-12.9 kobo.

Nigerian Breweries share price fell by NGN-4 kobo as its share price closed trading at NGN54 per share, lower than the NGN58 per share it opened with.

Cadbury also recorded a drop in its share price as it declined by NGN-1 kobo to close trading at NGN9.15 kobo per share, below the NGN10.15 kobo per share it opened with.

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International Breweries completed the top five losers chart after it closed trading with NGN6.54 kobo per share, declining by NGN-0.46 kobo from the NGN7 per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were UAC Property, which traded a volume of over 8.51 billion units worth NGN5.96 billion. Jaiz Bank was the second most traded stock today with over 304.73 million units worth over NGN222.21 million. Transcorp was next on the list, trading 95.94 million units worth NGN97.92 million.

First Bank was the fourth on the most traded stock list, closing the market with over 82.40 million units traded at a cost of over NGN613.81 million, while UBA completed the top five list with over 52.83 million units traded today, worth NGN440.55 million.