Legend Internet, Oando, Others Wiped Off N491.83bn From Stock Market

June 27, 2025

Over N491.83 billion was lost at the end of trading on Friday, June 27, after the stock market capitalisation declined to N75.96 trillion from N76.45 trillion on Thursday, June 26.

Similarly, the all-share index (ASI) nosedived to 119,995.76 ASI, losing 776.92 basis points from the previous day’s 120,772.68 ASI.

Join our WhatsApp Channel

The value of shares traded fell to N12.78 billion on Friday, as investors exchanged 625.78 million shares in 21,800 deals, compared to Thursday’s N18.22 billion exchanged for 892.97 million shares in 25,375 deals.

Top five gainers

  • Neimeth’s share price increased by N0.54 kobo, to rise from N5.40 kobo to N5.94 kobo per share.
  • Learn Africa’s share value grew by N0.46 kobo, from N4.64 kobo to N5.10 kobo per share.
  • Mecure ended trading at N12.20 kobo per share, from N11.10 kobo per share – indicating an increase of N1.10 kobo.
  • Academy gained N0.44 kobo to end trading at N5.10 kobo, having opened with N4.66 kobo.
  • SMURFIT’s share value was up by 9.09 percent, after closing at N0.60 kobo from N0.55 kobo per share.

Top five losers

  • Legend Internet’s share price depreciated by N0.89 kobo, dwindling from N8.92 kobo to N8.03 per share.
  • BUA Cement recorded a N10.50 kobo decline in its share price to end trading at N95.40 kobo after opening with N105.90 kobo per share.
  • FTN Cocoa lost N0.36 kobo in its share price after trading hours, to sell at N3.33 kobo from N3.69 kobo per share.
  • Oando reported a decline of N5.40 kobo from the previous day’s share price of N61.90 kobo to end trading at N56.50 kobo per share.
  • McNchols recorded a N0.20 kobo decline in its share price to end trading at N2.17 kobo after opening with N2.37 kobo per share.

Top five trading equities

  • Japaul Gold reported that 88.26 million shares valued at N192.04 million were traded on its floor.
  • Ellah Lakes recorded 80.03 million shares valued at N555.74 million.
  • Access Holdings saw investors trade 56.01 million of its shares valued at N1.24 billion.
  • Caverton recorded 53.98 million shares exchanged on its floor, worth N271.14 million.
  • Zenith Bank reported 30.54 million shares valued at N1.75 billion exchanged in investors’ hands.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline)
Email: publisher@primebusiness.africa and editor@primebusiness.africa

+ posts

Featured Stories

Latest from Business

John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

NGX Market Cap Up By N953.69bn To N103.77trn

The market capitalisation of the Nigerian Exchange (NGX) increased by N953.69 billion to N103.77 trillion on Friday, January 9. It grew from the N102.82 trillion reported by the NGX on Thursday, January 8.Join our WhatsApp Channel The NGX, also known as the
Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

Aliko Dangote Made N2.28trn From Nigerian Stock Market In 2025

Aliko Dangote, the richest man in Nigeria and Africa, recorded N2.28 trillion gain on the Nigerian Exchange (NGX), also known as the stock market, between January and December 2025, according to Prime Business Africa’s (PBA) analysis. Dangote, who is also the richest
Previous Story

Predicting Nigerian Idol Top 3 Finalists on July 13 

Next Story

Super Falcons Are Africa’s Best Ever – Portugal Women’s Coach

Don't Miss

Politics Of Generosity In Nigeria’s Akwa Ibom

I read a lengthy post this morning in which a
CBN Governor Mr. Godwin Emefiele

CBN Loses N1.15 trillion In Strategic Capital’s Acquisition Of Polaris Bank

Strategic Capital Investment Limited (SCIL) has acquired Polaris Bank from