Stock Market: Slim Gains Dominate Market As GTBank Trades Billions

The Nigerian Stock Exchange (NSE) market closed with 4,972.00 deals on Thursday, February 18th, 2021, lower than the 4,083.00 deals on Wednesday, February 17th, 2021. The volume reached 426,269,603.00 units at the close of the market on Thursday higher than the 244,202,231.00 units it closed with on Wednesday.

The value of trades recorded on Thursday was N4,750,063,385.20 with the All-Share Index of 40,212.19 a decrease of -0.63% (-253.13) over Wednesday’s value of 40,465.32

The stock market also ended with equity of N21.04 trillion capitalisation on Thursday lower than the N21.17 trillion equity recorded on Wednesday

Top Five Gainers
RT Briscoe led the top gainers' chart after its stock price gained N0.02 kobo to close trading at N0.22 kobo per share after opening the trading with N0.2 per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

Cornerstone was second on the table, as its stock price gained NGN0.05 kobo to close the market with N0.64  kobo per share, having started trading with N0.59 kobo per share.

Royal Exchage was the third top gainer, as its stock price closed the market with NGN0.02 kobo gain to move from the opening price of N0.25 kobo per share to N0.27 kobo per share.

NAHCO takes the fourth spot, having closed the market with NGN0.14 kobo gain to end trading at N2.29 kobo per share from the opening share price of N2.15 kobo per share.

Niger Insurance was last on the list after its share price gained NGN0.01 kobo to close trading at N0.23 kobo per share, having opened trade at N0.22 per share.

Top Five Losers
UPL tops the loser's list today Wednesday, Feb 17th 2021, having begun trading at NGN1.32 kobo per share, only to drop in price by NGN-0.12 kobo to close at NGN1.2 per share at the end of trading.

Chams was second on the chart after closing at NGN0.22 kobo per share from its opening trade price of NGN0.24 kobo per share; this represents a drop of NGN-0.02 kobo.

UPDC's share price fell by NGN-0.45 kobo as its share price closed trading at NGN5.35 kobo per share, lower than the NGN5.8 kobo per share it opened with.

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Multiverse also recorded a drop in its share price as it declined by NGN-0.02 kobo to close trading at NGN0.24 kobo per share, below the NGN0.26 kobo per share it opened with.

Japaul Gold completed the top five losers chart after it closed trading with NGN0.68 kobo per share, losing NGN-0.04 kobo from the NGN0.72 kobo per share it opened trading with.

Top Five Trades
AllNews learnt that the top trade in the stock market for Thursday is  FBN Holdings which traded a volume of over 129.8 million units worth over N949.31 million.

Zenith Bank was the second on the list with a volume of 37.74 million units worth over NGN912.01 million.

Third On the list was Dangote Sugar having traded with 37.13 million units worth over NGN688.39 Million.

GTBank was fourth on the most traded stock list today, closing the market with 35.43 million units traded at NGN1.08 billion.

Transcorp completes the top five list with over 28.85 million units traded at over NGN26.61 Million.