Prime Business AfricaAn improvement in the share value of Multiverse, Neimeth, amongst others led to the stock market capitalisation increasing from N70.46 trillion reported on Friday, May 30, to N70.63 trillion on Monday, June 2.
The bourse’s valuation grew by N172.74 billion after the all-share index (ASI) expanded by 0.24 percent or 273.94 basis points to move from 111,742.01 ASI to 112,015.95 ASI.
Join our WhatsApp ChannelOver 517.95 million shares were traded by investors in 17,019 deals valued at N10.07 billion, compared to Friday’s 1.90 billion shares, worth N64.14 billion, traded in 18,653 deals.
Top five gainers
- Multiverse’s share price increased by N0.75 kobo to rise from N7.60 kobo to N8.35 kobo per share.
- Livestock’s share value grew by N0.90 kobo, up from N9.40 kobo to N10.30 kobo per share.
- Lasaco ended trading at N0.21 kobo per share, from N2.59 kobo per share – indicating an increase of N2.80 kobo.
- Neimeth gained N0.25 kobo to end trading at N3.35 kobo, having opened with N3.10 kobo.
- Royal Exchange’s share value was up by 7.50 percent, after closing at N0.86 kobo from N0.80 kobo per share.
Top five losers
- Legend Internet’s share price depreciated by N0.61 kobo, dwindling from N6.16 kobo to N5.55 kobo per share.
- NSLTECH recorded a 9.84 percent decline in its share price to end trading at N0.55 kobo after opening with N0.61 kobo per share.
- ETranzact lost N0.65 kobo in its share price after trading hours, to sell at N6.15 kobo from N6.80 kobo per share.
- UPL reported a decline of N0.55 kobo from the previous day’s share price of N5.90 kobo to end trading at N5.35 kobo per share.
- MCNichols recorded a N0.19 kobo decline in its share price to end trading at N2.41 kobo after opening with N2.60 kobo per share.
Top five trading equities
- Fidelity Bank reported that 98.81 million shares valued at N1.87 billion were traded on its floor.
- Royal Exchange recorded 58.44 million shares valued at N50.24 million.
- Access Corporation saw investors trade 55.16 million of its shares valued at N1.20 billion.
- Cutix recorded 32.26 million shares exchanged on its floor, worth N101.04 million.
- United Capital reported 27.17 million shares valued at N534.38 million exchanged in investors’ hands.
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