Stock Market: Trading ends with Cap Plc as top gainer

The Nigerian Stock Exchange has reported that the stock market closed at 2,869 deals today, Friday, August 28, 2020, lower than the 2,954 deals it closed with on Thursday, August 27, 2020, while the volume reached 137 million units at the close of the market today, higher than the 251.2 million units it closed with on Thursday.

The value of trades recorded today was NGN920.5 million, lower than the NGN1.5 billion of Thursday. Meanwhile, the All-Share Index reached 25,309.37 index points today, higher than the 25,304.25 index points it ended trading with on Thursday.

Cap Plc led the top gainers’ chart as its stock price gained NGN0.55 kobo to close trading at NGN16.7 kobo per share after opening today’s trading with NGN16.15 kobo per share.

GTBank was second on the table, as its stock price gained NGN0.2 kobo to close the market with NGN25.4 kobo per share, having started trading today with NGN25.2 kobo per share.

Guinness Nigeria, which had begun trading earlier today at NGN15.6 kobo per share, dropped in price by NGN-1.45 kobo to close at NGN14.15 kobo per share at the end of trading today and was top loser.

First Bank was second on the losers’ chart after closing at NGN4.95 kobo per share from its opening trade price of NGN5.05 per share; this represents a drop of NGN-0.1 kobo.

The top traded stock was Access Bank, which traded a volume of over 25.7 million units worth NGN162.5 million. First Bank was the second most traded stock today with over 15.6 million units worth over NGN77.6 million.