The Nigerian stock market closed at 3,567 deals on Monday, September 14, 2020, lower than the 3, 239 deals it closed with on Friday, September 11, 2020, while the volume reached 257 million units at the close of the market today, higher than the 212.7 million units it closed with on Friday.
The value of trades recorded today was NGN3,320 billion, higher than the NGN2.278 billion of Friday. Meanwhile, the All-Share Index reached 25,605.59 index points higher than the 25,591.95 index points it ended trading with on Friday. The stock market also ended with NGN13,358 trillion equity capitalisation today, higher than the NGN13,350 trillion of Friday.
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Cap Plc led the top gainers' chart after its stock price gained NGN1.05 kobo to close trading at NGN16.8 kobo per share after opening today's trading with NGN15.75 kobo per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. Dangote Cement was second on the table, as its stock price gained NGN1 to close the market with NGN135 per share, having started trading today with NGN134 per share.
Wapco was the third top gainer as its stock price closed the market with NGN0.25 kobo gain to move from the opening price of NGN12.8 kobo per share to NGN13.05 per share. Neimeth came next, closing the market with a gain of NGN0.17 kobo to end trading with NGN1.95 kobo per share from the opening share price of NGN1.78 kobo per share. GTBank was last on the top five gainers' table after its share price rose from NGN25 per share to close trading at NGN25.1 kobo per share, after gaining NGN0.1 kobo.
On the top of the losers' list was Stanbic IBTC, which had begun trading earlier today at NGN40 per share, only to drop in price by NGN-0.5 kobo to close at NGN39.5 kobo per share at the end of trading today. International Brewery was second on the chart after closing at NGN3.2 kobo per share from its opening trade price of NGN3.5 kobo per share; this represents a drop of NGN-0.3 kobo. Fidson also recorded a drop in its share price as it declined by NGN-0.2 kobo to close trading at NGN3.5 kobo per share, below the NGN3.7 kobo per share it opened with.
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FCMB closed the stock market at NGN2.03 per share after shielding off NGN-0.17 kobo, to drop from the opening price of NGN2.2 kobo per share. UAC Property completed the top five losers chart after it closed trading with NGN0.87 kobo per share, declining by -8.42% from the NGN0.95 kobo per share it opened trading with.
AllNews learnt that the top trades in the stock market for today were Custodian, which traded a volume of over 49.2 million units worth NGN236.4 million. GTBank was the second most traded stock today with over 29.5 million units worth over NGN739.2 million. Wapco was next on the list, trading 23.5 million units worth NGN306.3 million.
First Bank was the fourth on the most traded stock list, closing the market with over 19.6 million units traded at a cost of over NGN100.1 million, while Access Bank completed the top five list with over 16.3 million units traded today, worth NGN110.6 million.