Prime Business Africa
The stock market capitalisation ended trading at N70.56 trillion on Wednesday, May 28, up from N70.37 trillion recorded on Tuesday, May 27.
According to data obtained from the Nigerian Exchange Limited (NGX), the increase was driven by the 296.39 basis points recorded in the all-share index (ASI), as it rose to 111,902.61 ASI from 111,606.22 ASI.
Join our WhatsApp ChannelThe trading floor recorded 512.17 million shares, worth N17.11 billion, traded in 16,711 deals on Wednesday, compared to the N9.86 billion traded for 409.57 million shares in 15,992 deals the day before.
Top five gainers
- UPL’s share price increased by N0.51 kobo to rise from N5.10 kobo to N5.61 kobo per share.
- Learn Africa’s share value grew by N0.41 kobo, up from N4.10 kobo to N4.51 kobo per share.
- NNFM ended trading at N130.55 kobo per share, from N118.70 kobo per share – indicating an increase of N11.85 kobo.
- Honeywell Flour gained N1.90 kobo to end trading at N21.00, having opened with N19.10 kobo.
- Omatek’s share value was up by 9.86 percent, after closing at N0.78 kobo from N0.71 kobo per share.
Top five losers
- Academy’s share price depreciated by N0.45 kobo, dwindling from N4.50 kobo to N4.05 per share.
- Abbey Mortgage Bank recorded a N0.76 kobo decline in its share price to end trading at N6.87 kobo after opening with N7.63 kobo per share.
- Skyway Aviation lost N6.60 kobo in its share price after trading hours, to sell at N59.80 kobo from N66.40 kobo per share.
- ENAMELWA reported a decline of N2.50 kobo from the previous day’s share price of N25.30 kobo to end trading at N22.80 kobo per share.
- Multverse recorded a N0.85 kobo decline in its share price to end trading at N8.05 after opening with N8.90 kobo per share.
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