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  • Business - Market Data
  • Updated: August 19, 2020

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

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

The Nigerian stock market closed at 3,108 deals today, Wednesday, August 19, 2020, lower than the 3,693 deals it closed with on Tuesday, August 18, 2020, while the volume reached 180 million units at the close of the market today, lower than the 271 million units it closed with on Tuesday.

The value of trades recorded today was N1.5 billion, lower than the N2.4 billion of Tuesday. Meanwhile, the All-Share Index reached 25,171.32 index points today, surpassing the 25,136.49 index points it ended trading with on Tuesday.

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Top Five Gainers

GTBank led the top gainers' chart after its stock price gained N0.3 kobo to close trading at N25.2 kobo per share after opening today's trading with N24.9 kobo per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. International Brewery was second on the table, as its stock price gained N0.2 kobo to close the market with N3 per share, having started trading today with N2.8 kobo per share.

Studio Press was the third top gainer as its stock price closed the market with N0.18 kobo gain to move from the opening price of N1.8 kobo per share to N1.98 kobo per share. Zenith Bank came next, closing the market with a gain of N0.15 kobo to end trading with N16.9 kobo per share from the opening share price of N16.75 kobo per share. UBA was last on the top five gainers' table after its share price rose from N6.65 kobo per share to close trading at N6.7 kobo per share, after gaining 0.75%.

Top Five Losers

The top on the losers' list was Cap Plc, which had begun trading earlier today at N17 per share, only to drop in price by N-1.7 kobo to close at N15.3 kobo per share at the end of trading today. PZ Cussons was second on the chart after closing at N3.85 kobo per share from its opening trade price of N4.25 kobo per share; this represents a drop of N-0.4 kobo. Glaxo Smith also recorded a drop in its share price as it declined by N-0.35 kobo to close trading at N4.85 kobo per share, below the N5.2 kobo per share it opened with.

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Guinness closed the stock market at N15.2 kobo per share after shielding off N-0.3 kobo to drop from the opening price of N15.5 kobo per share. African Prudential completed the top five losers chart after it closed trading with N4.28 kobo per share, declining by N-0.12 kobo from the N4.4 kobo per share it opened trading with.

Top Five Trades

AllNews learnt that the top trades in the stock market for today were Zenith Bank, which traded a volume of over 35.9 million units worth N605.1 million. Access Bank was the second most traded stock today with over 29 million units worth over N187.3 million. Transcorp was next on the list, trading 16.4 million units worth N10.1 million.

UBA was the fourth on the most traded stock list, closing the market with over 12.4 million units traded at a cost of over N83 million, while First Bank completed the top five list with over 10.5 million units traded today, worth N52.6 million.

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