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Stanbic, UBA, Access, Others Boost Stock Market on Tuesday

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Stocks of Stanbic IBTC, United Bank for Africa, Access Bank and other top banks led the Nigerian Stock Exchange (NSE) to close in the green after two consecutive days of decline.

Investors traded 365.414 million shares valued at N4.692 billion in 6,325 deals during the trading hours of Tuesday.

The market capitalisation of listed equities expanded to N17.943 trillion while the NSE All-Share Index gained 0.65 percent to settle at 34,340.56 index points.

Zenith Bank once again led the most traded stocks in terms of volume with 71,933,841 shares valued at ₦1,730,151,404.20.

This was followed by Transcorp’s 37,172,526 shares worth N32,853,263.27.

GTBank, Access Bank and UBA transacted 30,003,182 shares, 29,549,235 shares and 29,332,033 shares estimated at ₦1,022,126,997.60, N243,311,726.70 and N236,303,261.20, respectively. See the details below.

Top Trades

Symbols Volume Value
ZENITHBANK 71,933,841 ₦1,730,151,404.20
TRANSCORP 37,172,526 N32,853,263.27
GUARANTY 30,003,182 ₦1,022,126,997.60
ACCESS 29,549,235 N243,311,726.70
UBA 29,332,033 N236,303,261.20

Top Gainers

Symbols Last Close Current Change %Change
STANBIC N39.55 N42.35 2.8 7.08%
UBA N7.7 N8.2 0.5 6.49%
ACCESS N7.9 N8.35 0.45 5.70%
FBNH N6.7 N7.15 0.45 6.72%
UBN N5.5 N5.9 0.4 7.27%

Top Losers

Symbols Last Close Current Change %Change
JBERGER N19 N17.3 -1.7 -8.95%
FIDSON N5.4 N4.87 -0.53 -9.81%
GUINNESS N18 N17.5 -0.5 -2.78%
ETERNA N4.61 N4.15 -0.46 -9.98%
UACN N7.95 N7.65 -0.3 -3.77%


Is a foreign exchange research analyst, contributing author on New York-based Talk Markets and investing.com, with over a decade experience in the global financial markets.