BUA Cement tops gainers’ list for Tuesday trading

BUA Cement led the top gainers’ chart on Tuesday, August 25, 2020, after its stock price gained NGN1.1 kobo to close trading at NGN40 per share after opening today’s trading with NGN38.9 kobo per share, this is according to Nigerian Stock Exchange (NSE) market data.

The Nigerian stock market closed on Tuesday at 3,713 deals higher than the 3,737 deals it closed with on Monday, August 24, 2020, while the volume reached 251.3 million units at the close of the market today, higher than the 251.1 million units it closed with on Monday.

The value of trades recorded today was NGN1.1 billion, lower than the NGN2.3 billion of Monday. Meanwhile, the All-Share Index reached 25,291.73 index points today, surpassing the 25,229.12 index points it ended trading with on Monday.

Julius Berger was second on the table, as its stock price gained NGN0.5 kobo to close the market with NGN17 per share, having started trading today with NGN16.5 kobo per share.

On the top of the losers’ list was BetaGlas, which had begun trading earlier today at NGN61.55 kobo per share, only to drop in price by NGN-6.15 kobo to close at NGN55.4 kobo per share at the end of trading today.

C&I Leasing was second on the chart after closing at NGN4 per share from its opening trade price of NGN4.4 kobo per share; this represents a drop of NGN-0.4 kobo.

The top trades in the stock market for today were Transcorp, which traded a volume of over 94.8 million units worth NGN52.2 million. UBA was the second most traded stock today with over 33.1 million units worth over NGN216.4 million.