Prime Business AfricaThe market capitalisation increased from N66.15 trillion reported on Wednesday, April 23, to N66.66 trillion on Thursday, April 24, after the all-share index (ASI) appreciated marginally by 0.75 percent.
Data provided by the Nigerian Exchange Limited (NGX) showed that the market capitalisation rose by N508.14 billion, as the ASI improved by 790.59 basis points to 106,074.26 index, from 105,283.67 ASI.
Join our WhatsApp ChannelOn the trading floor, 328,25 million shares were exchanged in 12,142 deals, worth N10,37 billion, compared to the 744.8 million shares traded in 11,226 deals, worth N18.28 billion the day before.
Top five gainers
Ikeja Hotel’s share price increased by N1 to rise from N10 to N11 per share.
Cadbury’s share value grew by N2.20 kobo, up from N22 to N24.20 kobo per share.
Nestle ended trading at N1,100 per share, from N1,000 per share – indicating an increase of N100.
Eterna gained N3.30 kobo to end trading at N36.30 kobo, having opened with N33.
WAPCO’s share value was up by N7.20 kobo, after closing at N79.20 kobo from N72 per share.
Top five losers
John Holt’s share price depreciated by N0.70 kobo, dwindling from N7 to N6.30 kobo per share.
Haldane MCCall recorded a N0.52 kobo decline in its share price to end trading at N4.70 kobo after opening with N5.22 kobo per share.
Multiverse lost N0.85 kobo in its share price after trading hours, to sell at N7.80 kobo from N8.65 kobo per share.
Guinea Insurance reported a decline of 8.57 percent from the previous day’s share price of N0.70 kobo to end trading at N0.64 kobo per share.
Japaul Gold recorded a N0.13 kobo decline in its share price to end trading at N1.97 kobo after opening with N2.10 kobo per share.
Top five trading equities in the stock exchange
Access Corporation reported that 48.50 million shares valued at N1.16 billion were traded on its floor.
Fidelity Bank recorded 40.38 million shares valued at N801.81 million.
GTCO saw investors trade 17.10 million of its shares valued at N1.04 billion.
Chams recorded 13.74 million shares exchanged on its floor, worth N30.05 million.
Zenith Bank reported 12.30 million shares valued at N556.18 million exchanged in investors’ hands.
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Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.
Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.
He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.
Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.
