Stock Market
Zenith Bank Led Most Traded Stocks After Strong Third Quarter Financial Results
Investors traded 79.741 million Zenith Bank’s share valued at N1.913 billion on Monday following a strong positive third-quarter report released on Friday.
The leading financial institution posted N508.979 billion gross earnings in the nine months ended September 30, 2020. The highest among banks that have so far released their unaudited financial statements.
Investors traded 568.037 million shares worth N7.326 billion in 8,928 transactions during the trading hours of Monday.
The Nigerian Stock Exchange Market Capitalisation declined by N9 billion from N17.838 trillion to N17.829 trillion. While NSE All-Share Index depreciated by 0.04 percent to 34,121.78 index points.
Airtel Africa led top gainers with N25 or 5 percent to close at N525 per share. Nestle trailed Airtel with N25 or 1.82 percent to settle at N1400 per share.
Dangote Cement, BUA Cement and NEM followed with N6.6 or 3.42 percent; N2.55 or 4.77 percent and N0.02 or 0.78 percent to finish the day at N199.8 per share; N56 per share and N2.6 per share, respectively. See the details below.
Top Traded Stocks
| Symbols | Volume | Value |
|---|---|---|
| ZENITHBANK | 79,740,780 | N1,912,937,383.60 |
| FBNH | 72,749,297 | N499,576,761.15 |
| ACCESS | 65,741,063 | N520,344,059.70 |
| UBA | 46,968,616 | N360,036,464.00 |
| GUARANTY | 37,096,752 | N1,266,010,624.80 |
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| AIRTELAFRI | N500 | N525 | 25 | 5.00% |
| NESTLE | N1375 | N1400 | 25 | 1.82% |
| DANGCEM | N193.2 | N199.8 | 6.6 | 3.42% |
| BUACEMENT | N53.45 | N56 | 2.55 | 4.77% |
| NEM | N2.58 | N2.6 | 0.02 | 0.78% |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| STANBIC | N43 | N39.55 | -3.45 | -8.02% |
| WAPCO | N24.5 | N22.05 | -2.45 | -10.00% |
| FLOURMILL | N27.75 | N25.4 | -2.35 | -8.47% |
| GUINNESS | N19.9 | N18 | -1.9 | -9.55% |
| ARDOVA | N15 | N13.5 | -1.5 | -10.00% |