The Nigerian stock market closed at 4,155 deals today, Wednesday, September 9, 2020, lower than the 4,185 deals it closed with on Tuesday, September 8, 2020, while the volume reached 269.6 million units at the close of the market today, higher than the 251.9 million units it closed with on Tuesday.
The value of trades recorded today was NGN2.871 billion, surpassing the NGN2.044 billion. Meanwhile, the All-Share Index reached 25,424.91 index points today, lower than the 25,497.32 index points it ended trading with on Tuesday. The stock market also ended with NGN13.263 trillion equity capitalisation today, lower than the NGN13.301 trillion of Tuesday.
Fidson led the top gainers' chart after its stock price gained NGN0.27 kobo to close trading at NGN3.98 kobo per share after opening today's trading with NGN3.71 kobo per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. PZ Cussons was second on the table, as its stock price gained NGN0.25 kobo to close the market with NGN4.25 kobo per share, having started trading today with NGN4 per share.
Custodian was the third top gainer as its stock price closed the market with NGN0.15 kobo gain to move from the opening price of NGN4.8 kobo per share to NGN4.95 kobo per share. Wapco came next, closing the market with a gain of NGN0.1 kobo to end trading with NGN12.15 kobo per share from the opening share price of NGN12.05 per share. FCMB was last on the top five gainers' table after its share price rose from NGN2.2 kobo per share to close trading at NGN2.26 kobo per share, after gaining 2.73%.
On the top of the losers' list was Okomu Oil, which had begun trading earlier today at NGN79 per share, only to drop in price by NGN-1 to close at NGN78 per share at the end of trading today. Unilever was second on the chart after closing at NGN14.4 kobo per share from its opening trade price of NGN15 per share; this represents a drop of NGN-0.6 kobo. Zenith Bank also recorded a drop in its share price as it declined by NGN-0.5 kobo to close trading at NGN16.4 kobo per share, below the NGN16.9 kobo per share it opened with.
C&I Leasing closed the stock market at NGN3.55 kobo per share after shielding off NGN-0.35 kobo, to drop from the opening price of NGN3.9 kobo per share. UAC Nigeria completed the top five losers chart after it closed trading with NGN6 per share, declining by NGN-0.3 kobo from the NGN6.3 kobo per share it opened trading with.
AllNews learnt that the top trades in the stock market for today were Zenith Bank, which traded a volume of over 35.8 million units worth NGN592.1 million. First Bank was the second most traded stock today with over 33.4 million units worth over NGN166.9 million. UBA was next on the list, trading 29.7 million units worth NGN182.6 million.
GTBank was the fourth on the most traded stock list, closing the market with over 24.8 million units traded at a cost of over NGN605.1 million, while Access Bank completed the top five list with over 19.1 million units traded today, worth NGN126.3 million.