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  • Business - Market Data
  • Updated: August 11, 2020

Stock Market Today: Dangote Cement On Losers List, As Nigerian Breweries Lead gainers

Stock Market Today: Dangote Cement On Losers List, As Nigeri

The Nigerian stock market closed at 3,925 deals today, Monday, August 11, 2020, lower than the 4,294 deals it closed with on Monday, August 10, 2020, while the volume reached 206.6 million units at the close of market today, above the 175.3 million units it closed with on Monday.

The value of trades recorded today was N2.4 billion, higher than the N1.4 billion of Monday. Meanwhile, the All-Share Index reached 24,883.70 index points today, failing to surpass the 25,027.61 index points it ended trading with on Monday.

Top Five Gainers

Nigerian Breweries led the top gainers' chart after its stock price gained N2 to close trading at N34 per share after opening today's trading with N32 per share, this is according to NSE market data seen by AllNews. Value Fund was second on the table, as its stock price gained N1.55 kobo to close the market with N115.05 kobo per share, having started trading today with N113.5 kobo per share.

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Ardova was the third top gainer as its stock price closed the market with N0.6 kobo gain to move from the opening price of N12.15 kobo per share to N12.75 kobo per share. Cadbury came next, closing the market with a gain of N0.45 kobo to end trading with N7.05 per share from the opening share price of N6.6 kobo per share. GTBank was last on the top five gainers' table after its share price rose from N24.55 kobo per share to close trading at N24.8 kobo per share, after gaining N0.25 kobo.

Top Five Losers

The top on the losers' list was Dangote Cement, which had begun trading earlier today at N141.8 kobo per share, only to drop in price by N-5.8 kobo to close at N136 per share at the end of trading today. Guinness was second on the chart after closing at N14.5 kobo per share from its opening trade price of N15 per share; this represents a drop of N-0.5 kobo. AXA Mansard Insurance also recorded a drop in its share price as it declined by N-0.13 kobo to close trading at N1.45 kobo per share, below the N1.58 kobo per share it opened with.

Ikeja Hotel closed the stock market at N1.01 per share after shielding off N-0.11 kobo to drop from the opening price of N1.12 kobo per share. United Capital completed the top five losers chart after it closed trading with N3.14 kobo per share, declining by N-0.1 kobo from the N3.24 kobo per share it opened trading with.

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Top Five Trades

AllNews learnt that the top trades in the stock market for today were Access Bank, which traded a volume of over 29.2 million units worth N191.6 million. Fidelity Bank was the second most traded stock today with over 27.7 million units worth over N50 million. GTBank was next on the list, trading 25.2 million units worth N625.5 million.

Zenith Bank was the fourth on the most traded stock list, closing the market with over 15.3 million units traded at a cost of over N257.7 million, while Wema Bank completed the top five list with over 11.1 million units traded today, worth N5.9 million.

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