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The Nigerian stock market closed at 3,542 deals on Monday, September 21, 2020, lower than the 2,934 deals it closed with on Friday, September 18, 2020, while the volume reached 196.1 million units at the close of the market on Monday, higher than the 193.4 million units it closed with on Friday.
The value of trades recorded on Monday was NGN1,727 billion, lower than the NGN1,845 billion of Friday. Meanwhile, on Monday, the All-Share Index reached 25,574.35 index points, higher than the 25,572.57 index points it ended trading with on Friday. The stock market also ended with NGN13,365 trillion equity capitalisation on Monday, higher than the NGN13,364 trillion of Friday.
Presco led the top gainers' chart after its stock price gained NGN0.9 kobo to close trading at NGN49.9 per share after opening today's trading with NGN49 per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. UAC Nigeria was second on the table, as its stock price gained NGN0.35 kobo to close the market with NGN6.4 kobo per share, having started trading today with NGN6.05 per share.
MTN Nigeria was the third top gainer as its stock price closed the market with NGN0.1 kobo gain to move from the opening price of NGN120 per share to NGN120.1 kobo per share. International Breweries came next, closing the market with a gain of NGN0.1 kobo to end trading with NGN3.4 kobo per share from the opening share price of NGN3.3 kobo per share. GTBank was last on the top five gainers' table after its share price rose from NGN25.4 kobo per share to close trading at NGN25.35 kobo per share, after gaining 0.20%.
On the top of the losers' list is Julius Berger, which had begun trading earlier today at NGN15.5 kobo per share, only to drop in price by NGN-0.5 kobo to close at NGN15 per share at the end of trading today. Red Star Express was second on the chart after closing at NGN2.96 kobo per share from its opening trade price of NGN3.26 kobo per share; this represents a drop of NGN-0.3 kobo. Flour Mill also recorded a drop in its share price as it declined by NGN-0.15 kobo to close trading at NGN19.65 kobo per share, below the NGN19.8 kobo per share it opened with.
Champion Brew closed the stock market at NGN0.81 kobo per share after shielding off -10.00%, to drop from the opening price of NGN0.9 kobo per share. Access Bank completed the top five losers chart after it closed trading with NGN6.4 kobo per share, declining by -0.78% from the NGN6.45 kobo per share it opened trading with.
AllNews learnt that the top trades in the stock market for today were First Bank, which traded a volume of over 43.3 million units worth NGN214.4 million. Chams Plc was the second most traded stock today with over 26.2 million units worth over NGN5.2 million. UBA was next on the list, trading 13.1 million units worth NGN79 million.
Mutual Benefit was the fourth on the most traded stock list, closing the market with over 12.2 million units traded at a cost of over NGN2.5 million, while Zenith Bank completed the top five list with over 11.6 million units traded today, worth NGN195 million.
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