Prime Business AfricaThe Nigerian stock market capitalisation grew by N1.18 trillion on Wednesday, June 18, increasing from N72.49 trillion, reported on Tuesday, June 17, to N73.68 trillion.
Also, the all-share index (ASI) increased from 114,910.16 ASI to 116,786.87 ASI, reflecting an increase of 1,876.71 basis points.
Join our WhatsApp ChannelOver 640.08 million shares were exchanged by investors in 19,727 deals, worth N26.01 billion, compared to the previous day’s 787.30 million shares traded in 23,170 deals, worth N25.66 billion,
Top five gainers
- NEM Insurance’s share price increased by N1.50 kobo to rise from N15 to N16.50 kobo per share.
- Beta Glass’ share value grew by N485.60 kobo, from N228.15 kobo to N250.95 kobo per share.
- Seplat ended trading at N5450 per share, from N4964.40 kobo per share – indicating an increase of N485.60 kobo.
- Thomas Wyatt gained N0.18 kobo to end trading at N2.03, having opened with N1.85 kobo.
- Linkage Assurance’s share value was up by N0.13 kobo, after closing at N1.49 kobo from N1.36 kobo per share.
Top five losers
- Eterna’s share price depreciated by N4.30 kobo, dwindling from N43 to N38.70 kobo per share.
- NSLTECH recorded a 9.68 percent decline in its share price to end trading at N0.56 kobo after opening with N0.62 kobo per share.
- Legend Internet lost N0.70 kobo in its share price after trading hours, to sell at N6.55 kobo from N7.25 kobo per share.
- FTN Cocoa reported a decline of N0.17 kobo from the previous day’s share price of N2.80 kobo to end trading at N2.63 kobo per share.
- Guinea Insurance recorded a 5 percent decline in its share price to end trading at N0.76 kobo after opening with N0.80 kobo per share.
Top five trading equities
- Zenith Bank reported that 149.92 million shares valued at N7.20 billion were traded on its floor.
- Access Holding recorded 48.63 million shares valued at N1.01 billion.
- UBA saw investors trade 42.99 million of its shares valued at N1.46 billion.
- Nigerian Breweries recorded 37.71 million shares exchanged on its floor, worth N2.18 billion.
- Fidelity Bank reported 30.84 million shares valued at N568.53 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.
