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MTN Nigeria, Unilever, Others Gain as Stock Market Closed Positive

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MTN Nigeria led gainers on Friday as the Nigerian Stock Exchange (NSE) sustained its ongoing positive momentum.

Investors traded 190.280 million shares valued at N3.331 billion in 3,976 deals during the trading hours of Friday.

The market capitalisation of listed equities expanded to N18.228 billion, while the NSE All-Share Index gained 0.24 percent to 34,885.51 index points.

Transcorp emerged as the most traded stock with 37,487,670 shares valued at N37,645,720.96.

Access Bank followed with 22,865,657 shares estimated at N195,907,660.80. FBNH, Zenith Bank and MTN Nigeria added 19,789,534, 15,376,630 and 11,581,530 worth N145,662,611.40, N376,329,912.10 and ₦1,791,054,590.90.

MTN Nigeria led top gainers with N2 or 1.31 percent profit to close at N155 per share. See the details below.

Top Gainers

Symbols Last Close Current Change %Change
MTNN N153 N155 2 1.31%
UNILEVER N13 N13.75 0.75 5.77%
FIDSON N5.1 N5.47 0.37 7.25%
NAHCO N2.2 N2.4 0.2 9.09%
FBNH N7.25 N7.4 0.15 2.07%

Top Losers

Symbols Last Close Current Change %Change
GUARANTY N35.4 N35 -0.4 -1.13%
GUINNESS N19.3 N19 -0.3 -1.55%
PORTPAINT N2.85 N2.61 -0.24 -8.42%
MANSARD N2.5 N2.34 -0.16 -6.40%
NEM N2.55 N2.47 -0.08 -3.14%


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.