QUICK LINKS

×
  • Business - Market Data
  • Updated: November 26, 2020

NSE Index: UBA, First Bank, Union Bank Lead Losers List In Stock Market

The Nigerian Stock Exchange (NSE) market closed with 5,407 deals on Thursday, November 26, 2020, lower than the 7,029 deals it closed with on Wednesday, November 25, 2020. The volume reached 257,55 million units at the close of the market on Thursday, lower than the 434,92 million units it closed with on Wednesday.

The value of trades recorded on Thursday was NGN3,529 billion, lower than the NGN6,913 billion of Wednesday. Meanwhile, on Thursday, the All-Share Index reached 34,803.00 index points, higher than the 34,769.00 All-Share Index of Wednesday.

The stock market also ended with a NGN18,184 trillion equity capitalisation on Thursday, higher than the NGN18,166 trillion recorded on Wednesday.

READ ALSO: AfDB's Adesina Defends Gowon Amid CBN Loot Allegation, Nigerians Furious

Top Five Gainers

Mobil led the top gainers' chart after its stock price gained NGN18.8 kobo to close trading at NGN208.8 kobo per share after opening today's trading with NGN190 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Guinness was second on the table, as its stock price gained NGN1.3 kobo to close the market with NGN19.3 kobo per share, having started trading today with NGN118 per share.

GTBank was the third top gainer as its stock price closed the market with a NGN0.9 kobo gain to move from the opening price of NGN34.5 kobo per share to NGN35.4 kobo per share.

Cadbury follows, closing the market with a gain of NGN0.8 kobo to end trading with NGN9.6 kobo per share from the opening share price of NGN8.8 kobo per share.

International Breweries was last on the top five gainers' table after its share price gained NGN0.63 kobo to close trading at NGN7.18 kobo per share, having opened trade at NGN6.55 kobo per share.

Top Five Losers

On the top of the losers' list is Dangote Sugar, which had begun trading earlier today at NGN20.65 kobo per share, only to drop in price by NGN-0.65 kobo to close at NGN20 per share at the end of trading today.

African Prudential was second on the chart after closing at NGN5.89 kobo per share from its opening trade price of NGN6.25 kobo per share; this represents a drop of NGN-0.36 kobo.

Union Bank share price fell by NGN-0.3 kobo as its share price closed trading at NGN5.5 kobo per share, lower than the NGN5.8 kobo per share it opened with.

READ ALSO: CBN Loot: Gowon Addresses UK Parliamentarian Accusation

UBA also recorded a drop in its share price as it declined by NGN-0.25 kobo to close trading at NGN8.25 kobo per share, below the NGN8.5 kobo per share it opened with.

First Bank completed the top five losers chart after it closed trading with NGN7.25 kobo per share, declining by NGN-0.2 kobo from the NGN7.45 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were Zenith Bank, which traded a volume of over 40.57 million units worth NGN999.27 million. Transcorp was the second most traded stock today with over 23.22 million units worth over NGN23.25 billion. Access Bank was next on the list, trading 20.92 million units worth NGN180.18 million.

UBA was the fourth on the most traded stock list, closing the market with over 18.01 million units traded at a cost of over NGN150.84 million, while Sterling Bank completed the top five list with over 16.35 million units traded today, worth NGN31.98 million.

Tags

Join our Telegram platform to get news update Join Now
Olalekan Fakoyejo
Olalekan Fakoyejo

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

More From this Author

0 Comment(s)

SPONSORED

Jun 08, 2022

Countdown To 2023 Presidential Election: Who Are You Voting For?

Countdown To 2023 Presidential Election: Who Are You Voting

Atiku Abubakar (PDP) 5.00 %

Bola Ahmed Tinubu (APC) 23.33 %

Peter Obi (LP) 71.67 %

158 days 11 hours remain

See this post in...