The Nigerian Stock Exchange (NSE) market closed with 4,515 deals on Tuesday, December 1, 2020, lower than the 5,267 deals it closed with on Monday, November 30, 2020. The volume reached 308,18 million units at the close of the market on Tuesday, lower than the 415,53 million units it closed with on Monday.
The value of trades recorded on Tuesday was NGN3,402 billion, lower than the NGN4,897 billion of Monday. Meanwhile, on Tuesday, the All-Share Index reached 35,147.62 index points, higher than the 35,042.14 All-Share Index of Monday.
The stock market also ended with a NGN18,364 trillion equity capitalisation on Tuesday, higher than the NGN18,309 trillion recorded on Monday.
Top Five Gainers
GTBank led the top gainers’ chart after its stock price gained NGN1.8 kobo to close trading at NGN35 per share after opening today’s trading with NGN33.2 kobo per share, according to the Nigerian Stock Exchange (NSE) market data seen by Equity News.
Seplat was second on the table, as its stock price gained NGN1.6 kobo to close the market with NGN402.3 kobo per share, having started trading today with NGN400.7 kobo per share.
Zenith Bank was the third top gainer as its stock price closed the market with a NGN0.4 kobo gain to move from the opening price of NGN24 per share to NGN24.4 kobo per share.
Caverton follows, closing the market with a gain of NGN0.17 kobo to end trading with NGN1.89 kobo per share from the opening share price of NGN1.72 kobo per share.
Cutix was last on the top five gainers’ table after its share price gained NGN0.15 kobo to close trading at NGN1.68 kobo per share, having opened trade at NGN1.53 kobo per share.
Top Five Losers
On the top of the losers’ list is Guinness, which had begun trading earlier today at NGN18.9 kobo per share, only to drop in price by NGN-0.55 kobo to close at NGN18.35 kobo per share at the end of trading today.
Flour Mill was second on the chart after closing at NGN27.6 kobo per share from its opening trade price of NGN27.85 kobo per share; this represents a drop of NGN-0.25 kobo.
MTN Nigeria share price fell by NGN-0.2 kobo as its share price closed trading at NGN155 per share, lower than the NGN155.2 kobo per share it opened with.
FCMB also recorded a drop in its share price as it declined by NGN-0.12 kobo to close trading at NGN3.21 kobo per share, below the NGN3.33 kobo per share it opened with.
Top Five Trades
Equity News learnt that the top trades in the stock market for today were Access Bank, which traded a volume of over 43.36 million units worth NGN376.47 million. First Bank was the second most traded stock today with over 31.93 million units worth over NGN229.78 million. Mutual Benefit was next on the list, trading 24.43 million units worth NGN5.15 million.
UBA was the fourth on the most traded stock list, closing the market with over 24.09 million units traded at a cost of over NGN200.21 million, while GTBank completed the top five list with over 24.05 million units traded today, worth NGN859.15 million.
