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  • Business - Market Data
  • Updated: 1 year ago

Stock Market Today: Guinness Makes Gainers List As Ecobank Share Price Decline

Stock Market Today: Guinness Makes Gainers List As Ecobank S

The Nigerian stock market closed at 4,294 deals today, Monday, August 10, 2020, higher than the 4,036 deals it closed with on Friday, August 7, 2020, while the volume reached 175.3 million units at the close of market today, above the 167.1 million units of last week Friday.

The value of trades recorded today was N1.4 billion, lower than the N2 billion of last week Friday. Meanwhile, the All-Share Index reached 25,027.61 as the market opened this week, failing to surpass the 25,041.89 index points it ended trading with last week.

Top Five Gainers

Guinness led the top gainers' chart after its stock price gained N0.9 kobo to close trading at N15 per share after opening today's trading with N14.1 kobo per share, this is according to NSE market data seen by AllNews. Unilever was second on the table, as its stock price gained N0.8 to close the market with N12 per share, having started trading today with N11.2 kobo per share.

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CAP Plc was the third top gainer as its stock price closed the market with N0.5 kobo gain to move from the opening price of N17 per share to N17.5 kobo per share. Lafarge (WAPCO) came next, closing the market with a gain of N0.25 kobo to end trading with N12 per share from the opening share price of N11.75 kobo per share. United Capital was last on the top five gainers' table after its share price rose from N3.03 per share to close trading at N3.24 kobo per share, after gaining N0.21 kobo.

Top Five Losers

The top on the losers' list was BUA Cement, which had begun trading earlier today at N39.5 kobo per share, only to drop in price by N-0.55 kobo to close at N38.95 kobo per share at the end of trading today. UAC Nigeria was second on the chart after closing at N5.9 kobo per share from its opening trade price of N6.2 kobo per share; this represents a drop of N-0.3 kobo. Ecobank (ETI) also recorded a drop in its share price as it declined by N-0.2 kobo to close trading at N4.05 per share, below the N4.25 kobo per share it opened with.

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Zenith Bank closed the stock market at N16.8 kobo per share after shielding off N-0.1 kobo to drop from the opening price of N16.9 kobo per share. UBA completed the top five losers chart after it closed trading with N6.45 kobo per share, declining by N-0.1 kobo from the N6.55 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were First Bank, which traded a volume of over 22.9 million units worth N116.2 million. Unilever was the second most traded stock today with over 17.2 million units worth over N206.3 million. GTBank was next on the list, trading 13.9 million units worth N344.2 million.

Fidelity Bank was the fourth on the most traded stock list, closing the market with over 11.6 million units traded at a cost of over N21 million, while Jaiz Bank completed the top five list with over 11.3 million units traded today, worth N6.4 million.

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