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Home [ MAIN ] Stock Market Gains ₦212 billion as Nestle Leads the Losers’ List
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Stock Market Gains ₦212 billion as Nestle Leads the Losers’ List

November 11, 2020
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    Decline In Nigeria's Equity Market Creating Entry Opportunity For Investors - Analysts

    The Nigerian Stock Exchange (NSE) market closed with a volume of 578,77 million units at the end of trading on Tuesday, November 10, 2020, lower than the 636,01 million units it closed with on Monday, November 9.2020.

    READ ALSO: #EndSARS Protest: Eromosele’s Sister Demands His Release, Says He Has Liver Infection

    The value of trades recorded on Tuesday was ₦7,743 billion, lower than the ₦8,244 billion of Monday.

    Meanwhile, the All-Share Index reached 32,647.10 index points, higher than the 32,243.05 All-Share Index of Monday. The market ended with 7,651 deals on Tuesday, higher than the 7,210 deals it closed with on Monday.

    The stock market also ended with ₦17,059 trillion equity capitalisation on Tuesday, higher than the ₦16,847 trillion recorded on Monday.

    TOP GAINERS’ LIST

    MTN Nigeria led the top gainers’ chart after its stock price gained ₦6.1 kobo at the close trading for ₦156.2 kobo per share after opening today’s trading with ₦150.1 kobo per share.

    Stanbic IBTC’s stock price gained ₦2 to close the market with ₦ 48 per share, having started trading today with ₦ 46 per share.

    Next on the list is Nascon, the third top gainer, as its stock price closed the market with a ₦1.4 kobo gain to move from the opening price of ₦14.05 per share to ₦15.45 kobo per share.

    Dangote Sugar followed, closing the market with a gain of ₦1.3 kobo to end trading with ₦19.4 kobo per share from the opening share price of ₦18.1 kobo per share.

    Ardova was last on the top five gainers’ list after its share price gained ₦0.95 kobo to close trading at ₦14.4 kobo per share, having opened trading at ₦13.45 kobo per share.

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      David Oputah
      Oputah David is a Mass Communication graduate with a master's degree in Organisational Behaviour and another in Mass Communication. He is also a Bloomberg trained Financial journalist with an interest in markets and the economy. He can be reached via – david.o@bizwatchnigeria.ng

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