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  • Business - Market Data
  • Updated: August 21, 2020

Stock Market Today: Cap Plc Makes Gainers List As Studio Press Lead Losers

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Olalekan Fakoyejo
Olalekan Fakoyejo

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

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The Nigerian stock market closed at 3,055 deals today, Thursday, August 20, 2020, lower than the 3,108 deals it closed with on Wednesday, August 19, 2020, while the volume reached 179.5 million units at the close of the market today, lower than the 180 million units it closed with on Wednesday.

The value of trades recorded today was N2.5 billion, higher than the N1.5 billion of Wednesday. Meanwhile, the All-Share Index reached 25,204.60 index points today, surpassing the 25,171.32 index points it ended trading with on Wednesday.

Top Five Gainers

Cap Plc led the top gainers' chart after its stock price gained N0.85 kobo to close trading at NGN16.15 kobo per share after opening today's trading with NGN15.3 kobo per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. Stanbic was second on the table, as its stock price gained NGN0.5 kobo to close the market with NGN34.5 kobo per share, having started trading today with NGN34 per share.

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International Breweries was the third top gainer as its stock price closed the market with NGN0.3 kobo gain to move from the opening price of NGN3 per share to NGN3.3 kobo per share. Glaxo Smith came next, closing the market with a gain of NGN0.25 kobo to end trading with NGN5.1 kobo per share from the opening share price of NGN4.85 kobo per share. Fidson was last on the top five gainers' table after its share price rose from N3.71 kobo per share to close trading at N3.96 kobo per share, after gaining NGN0.25 kobo.

Top Five Losers

The top on the losers' list was Studio Press, which had begun trading earlier today at NGN1.98 kobo per share, only to drop in price by NGN-0.19 kobo to close at NGN1.79 kobo per share at the end of trading today. UAC-Prop was second on the chart after closing at NGN0.86 kobo per share from its opening trade price of NGN0.95 kobo per share; this represents a drop of -9.47%. UHOMREIT also recorded a drop in its share price as it declined by 0.12% to close trading at NGN40.7 kobo per share, below the NGN40.65 kobo per share it opened with.

UBA closed the stock market at NGN6.65 kobo per share after shielding off 0.75% to drop from the opening price of NGN6.7 kobo per share. ABCTRANS completed the top five losers chart after it closed trading with NGN0.43 kobo per share, declining by -8.51% from the NGN0.47 kobo per share it opened trading with.

[READ ALSO: Shareholders Beware As Ellah Lakes Moves To Acquire Delta State Oil Palm Firm]

Top Five Trades

AllNews learnt that the top trades in the stock market for today were Transcorp, which traded a volume of over 35.4 million units worth NGN21.4 million. GTBank was the second most traded stock today with over 29.9 million units worth over N755.9 million. Lasaco was next on the list, trading 11.8 million units worth N3.5 million.

First Bank was the fourth on the most traded stock list, closing the market with over 9.9 million units traded at a cost of over N49.9 million, while Zenith Bank completed the top five list with over 9.6 million units traded today, worth N163.4 million.

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Olalekan Fakoyejo
Olalekan Fakoyejo

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

More From this Author

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