QUICK LINKS

×
  • Business - Market Data
  • Updated: September 16, 2020

Stock Market Today: NB Lead Gainers List, Cadbury Top Losers

Latest News

Olalekan Fakoyejo
Olalekan Fakoyejo

Fakoyejo Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ)....

More From this Author

The Nigerian stock market closed at 3,651 deals on Wednesday, September 16, 2020, higher than the 3,597 deals it closed with on Tuesday, September 15, 2020, while the volume reached 211.8 million units at the close of the market on Wednesday, lower than the 245.1 million units it closed with on Tuesday.

The value of trades recorded on Wedensday was NGN2,417 billion, lower than the NGN3,013 billion of Tuesday. Meanwhile, on Wednesday, the All-Share Index reached 25,550.31 index points, lower than the 25,597.96 index points it ended trading with on Tuesday. The stock market also ended with NGN13,352 trillion equity capitalisation on Wednesday, lower than the NGN13,354 trillion of Tuesday.

[READ ALSO: Data War: How Airtel Outperformed Glo, But Unable To Overthrow MTN]

Top Five Gainers

Nigerian Breweries led the top gainers' chart after its stock price gained NGN0.95 kobo to close trading at NGN42 per share after opening today's trading with NGN41.05 per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. Berger Paint was second on the table, as its stock price gained NGN0.45 kobo to close the market with NGN6.5 kobo per share, having started trading today with NGN6.05 per share.

UBN was the third top gainer as its stock price closed the market with NGN0.35 kobo gain to move from the opening price of NGN5 per share to NGN5.35 kobo per share. Cap Plc came next, closing the market with a gain of NGN0.1 kobo to end trading with NGN17.1 kobo per share from the opening share price of NGN17 per share. Vitaform was last on the top five gainers' table after its share price rose from NGN5.7 kobo per share to close trading at NGN5.8 kobo per share, after gaining NGN0.1 kobo.

[READ ALSO: Six Businesses N-Power Beneficiaries Can Take Advantage Of]

Top Five Losers

On the top of the losers' list is Cadbury Plc, which had begun trading earlier today at NGN7.75 kobo per share, only to drop in price by NGN0.65 kobo to close at NGN7.1 kobo per share at the end of trading today. Wapco was second on the chart after closing at NGN13 per share from its opening trade price of NGN13.5 kobo per share; this represents a drop of NGN-0.5 kobo. Neimeth also recorded a drop in its share price as it declined by NGN-0.22 kobo to close trading at NGN2.03 per share, below the NGN2.25 kobo per share it opened with.

Zenith Bank closed the stock market at NGN17 per share after shielding off NGN-0.2 kobo, to drop from the opening price of NGN17.2 kobo per share. International Breweries completed the top five losers chart after it closed trading with NGN3 per share, declining by NGN-0.2 kobo from the NGN3.2 kobo per share it opened trading with.

[READ ALSO: President Buhari Says Nigeria Now In Same Level With Developed Countries]

Top Five Trades

AllNews learnt that the top trades in the stock market for today were FCMB, which traded a volume of over 30.3 million units worth NGN62.1 million. Access Bank was the second most traded stock today with over 20.9 million units worth over NGN139.4 million. UBA was next on the list, trading 18.5 million units worth NGN109.6 million.

Zenith Bank was the fourth on the most traded stock list, closing the market with over 17.9 million units traded at a cost of over NGN306.3 million, while First Bank completed the top five list with over 13.5 million units traded today, worth NGN67.4 million.

Tags

Join our Telegram platform to get news update Join Now
Olalekan Fakoyejo
Olalekan Fakoyejo

Fakoyejo Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ)....

More From this Author

0 Comment(s)

SPONSORED

Nov 25, 2020

2023 Presidency: Would you vote for APC again in 2023?

2023 Presidency: Would you vote for APC again in 2023?

Yes 27.67%

No 72.33%

136 days 0 hours remain

See this post in...