Stock Market Today: Banking Industry Dominate Active Trades

The Nigerian Stock Exchange (NSE) market closed with 4,103.00 deals on Wednesday, March 17th, 2021, lower than the 4,192.00 deals on Tuesday, March 16th, 2021. The volume reached 177,396,341.00 units at the close of the market on Wednesday lower than the 220,857,225.00 units it closed with on Tuesday.

The value of trades recorded on Wednesday was N2,676,864,738.17 with the All-Share Index of 38,706.13 a decrease of -0.04% (-14.68) over Tuesday's value of 38,720.81

The stock market also ended with an equity cap of N20.25 trillion capitalization on Wednesday lower than the N20.26 trillion recorded on Tuesday

Top Five Gainers
Wapic Insurance led the top gainers' chart after its stock price gained N0.05 to close trading at N0.55 kobo per share after opening the trading with N0.0.50 kobo per share, according to the Nigerian Stock Exchange (NSE) market data seen by AllNews.

SFS Real Estate was second on the chart, as its stock price gained NGN6.20 kobo to close the market with N68.60 kobo per share, having started trading with N62.40 kobo per share.

Oando been third on the gainers' list closed the market with NGN3.29 kobo per share from the opening price of N3.00 kobo per share which represents an increase of N0.29 kobo gain in the share price.

Unity Bank takes the fourth spot, having closed the market with NGN0.06 kobo gain to end trading at N0.72 kobo per share from the opening share price of N0.66 kobo per share.

READ ALSO: NSE Index: Regency Insurance Tops Gainers Table

Livestock Feeds was last on the list after its share price gained NGN0.05 kobo to close trading at N1.95 kobo per share, having opened trade at N1.90 per share.

Top Five Losers
NCR tops the decliners' list today Wednesday, March 17th, 2021, having begun trading at NGN3.09 kobo per share, only to drop in price by NGN-0.30 kobo to close at NGN2.79 kobo per share at the end of trading.

Neimeth was second on the chart after closing at NGN1.90 kobo per share from its opening trade price of NGN2.09 kobo per share; this represents a drop of NGN-0.19 kobo.

Vitafoam also recorded a drop in its share price as it declined by NGN-0.40 kobo to close trading at NGN7.35 kobo per share, below the NGN7.75 kobo per share it opened with.

Axamansard share price fell by NGN-0.05 kobo as its share price closed trading at NGN0.94 kobo per share, lower than the NGN0.99 kobo per share it opened with.

READ ALSO: CBN Hires KPMG For N1trn Infrastructure Fund

Nem Insurance completed the top five decliners chart after it closed trading with NGN2.09 kobo per share, losing NGN-0.10 kobo from the NGN2.19 kobo per share it opened trading with.

Top Five Trades
AllNews learnt that the top trade in the stock market for Wednesday 17th March 2021 is GTBank which traded a volume of over 34.19 million units worth over N957.79 million.

Zenith Bank is the second on the list with a volume of 28.45 million units worth over NGN572.06 million.

Third On the list is UBA having traded with over 17.68 million units worth N122.11 million.

Transcorp was fourth on the most traded stock market list today, closing the market with N17.64 million units traded at over NGN14.28 million.

Access Bank completes the top five list with over 10.53 million units traded at over NGN82.02 Million.