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  • Business - Market Data
  • Updated: September 04, 2020

Stock Market Today: Here Are The Top Five Losers And Gainers

The Nigerian stock market closed at 3,377 deals today, Thursday, September 3, 2020, higher than the 3,408 deals it closed with on Wednesday, September 2, 2020, while the volume reached 232.4 million units at the close of the market today, higher than the 181.3 million units it closed with on Wednesday.

The value of trades recorded today was NGN1.3 billion, higher than the NGN1.1 billion of Wednesday. Meanwhile, the All-Share Index reached 25,511.02 index points today, higher than the 25,460.00 index points it ended trading with on Wednesday. The stock market also ended with NGN13.3 trillion equity capitalisation.

[READ ALSO: GTBank Accused Of Using Customer's Money To Play Bet, As Customers Lose About N770,000]

Top Five Gainers

MTN Nigeria led the top gainers' chart after its stock price gained NGN0.6 kobo to close trading at NGN118.6 kobo per share after opening today's trading with NGN118 per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. Vitaform was second on the table, as its stock price gained NGN0.28 kobo to close the market with NGN5.78 kobo per share, having started trading today with NGN5.5 kobo per share.

UAC Nigeria was the third top gainer as its stock price closed the market with NGN0.25 kobo gain to move from the opening price of NGN5.95 kobo per share to NGN6.2 kobo per share. Zenith Bank came next, closing the market with a gain of NGN0.25 kobo to end trading with NGN17.2 kobo per share from the opening share price of NGN16.95 kobo per share. FCMB was last on the top five gainers' table after its share price rose from NGN2.1 kobo per share to close trading at NGN2.2 kobo per share, after gaining NGN0.1 kobo.

Top Five Losers

On the top of the losers' list was Neimeth, which had begun trading earlier today at NGN2 per share, only to drop in price by NGN-0.13 kobo to close at NGN1.87 kobo per share at the end of trading today. Sterling Bank was second on the chart after closing at NGN1.19 kobo per share from its opening trade price of NGN1.25 kobo per share; this represents a drop of -4.80%. AIICO also recorded a drop in its share price as it declined by -5.26% to close trading at NGN0.9 per share, below the NGN0.95 kobo per share it opened with.

Transcorp closed the stock market at NGN0.58 kobo per share after shielding off -1.69%, to drop from the opening price of NGN0.59 kobo per share. Fidelity Bank completed the top five losers chart after it closed trading with NGN1.8 kobo per share, declining by -0.55% from the NGN1.81 kobo per share it opened trading with.

[READ ALSO: Hacker Get 2000 Accounts Of Access Bank Customers, Tech Expert Slam Access Bank]

Top Five Trades

AllNews learnt that the top trades in the stock market for today were Transcorp, which traded a volume of over 70.6 million units worth NGN40 million. Zenith Bank was the second most traded stock today with over 25.4 million units worth over NGN435.1 million. Lasaco was next on the list, trading 17.1 million units worth NGN4.4 million.

Access Bank was the fourth on the most traded stock list, closing the market with over 14.7 million units traded at a cost of over NGN94.6 million, while UBA completed the top five list with over 13.2 million units traded today, worth NGN85.9 million.

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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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