NSE Market Data: Banking Sector Retains Investor Focus

The NSE Banking Index was down 0.52% to 343.03 points on Friday as the stock market closed for the week with 3,525 deals to shrink total volume to 262,510,300.

The All-share index, however, edged up 0.61% to 38808.01 points as total trade values stood at N2.44 billion on Friday.

Top Five Gainers
Chams Plc topped the gainer's list today, gaining 10 percent, or 2kobo to pare its losses from yesterday and close trading at 22kobo per share, per Nigerian Stock Exchange (NSE) market data seen by AllNews.

UACN Property Development Plc ranked second with a 9.72 percent gain of 7kobo to pare yesterday's losses and close at 79kobo per share.

Guinness Nig Plc, continued its gains with a 9.26 percent rise of N2.7 to close trading at N31.85 per share.

Northern Nigeria Flour Mills Plc surged 9.18 percent to post a 45kobo gain, closing at N5.35 per share.

PZ Cussons Nig Plc was number five on the list with an 8.43 percent gain (35kobo), wrapping up the week at N4.5 per share.

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Top Five Losers
Japaul Gold & Ventures Plc was today's top decliner, continuing its price correction with a 10 percent drop of 7kobo to close trading at 63kobo per share.

Sterling Bank Plc came second on the list with a 9.76 percent dip of 16kobo to close at N1.64 per share.

FCMB Plc dipped 8.9 percent, losing 26kobo to close at N2.66 per share.

Mutual Benefits Assurance Plc lost 3kobo to record a 8.11 percent drop and close at 34kobo per share.

Glaxo SmithKline Consumer Nig Plc completed the list, spotted with a 5.88 percent loss of 4kobo to close at N6.4 per share.

Top Five Trades
Data retrieved by Allnews showed that the banking sector remained a favourite for investors Friday, with Zenith Bank Plc topping the list with 283 trades at a volume of 6.14 million units valued at approximately N133million.

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GT Bank Plc came second on the list with 237 trades at a volume of over 33.47 million units valued at over N965 million.

Third on the list is Access Bank Plc, having 236 with a volume of 1.2 million units valued at about N91.2 million.

FBN Holdings Plc was the fourth most traded stock today, closing the market with 209 trades of approximately 34 million units traded at a value of over N258 million.

Fidelity Bank Plc completes the top five list with 179 trades at a volume of nearly 46.7 million units traded at a value of over N110 million.