Prime Business AfricaThe stock market opened trading on Monday, July 14, with a N340 billion gain, after the equity capitalisation hit N80.14 trillion, up from N79.80 trillion recorded on Friday, July 11.
According to data obtained from the Nigerian Exchange Limited (NGX), the all-share index also increased by 539.95 basis points to 126,689.54 ASI, from 126,149.59 ASI.
Join our WhatsApp ChannelThe market capitalisation ended trading today at N78.72 trillion, while the all-share index (ASI) increased by 2,457.13 basis points from 121,989.67 ASI to 124,446.8 ASI.
Over 1.28 million shares were traded in 39,431 deals, valued at N32,20 billion, on Monday, compared to the 1.38 billion shares in 33,399 deals, worth N30.55 billion.
Top five gainers
- NSLTECH share price increased by N0.10 kobo, to rise from N1 to N1.10 kobo per share.
- Abbey Mortgage Bank’s share value grew by N0.69 kobo, from N6.91 kobo to N7.60 kobo per share.
- Ikeja Hotel ended trading at N22.10 per share, from N20.10 kobo per share – indicating an increase of N2.
- McNichols gained N0.39 kobo to end trading at N4.32 kobo, having opened with N3.93 kobo.
- Tripple Gee share value was up by N0.35 kobo, after closing at N3.93 kobo from N3.58 kobo per share.
Top five losers
- Caverton’s share price depreciated by N0.80 kobo, dwindling from N8 to N7.20 kobo per share.
- Tantalizer recorded a N0.30 kobo decline in its share price to end trading at N2.70 kobo after opening with N3 per share.
- Cutix lost N0.46 kobo in its share price after trading hours, to sell at N4.14 kobo from N4.60 kobo per share.
- RT Briscoe reported a decline of N0.44 kobo from the previous day’s share price of N4.40 kobo to end trading at N3.96 kobo per share.
- Neimeth recorded a N0.91 kobo decline in its share price to end trading at N8.24 kobo after opening with N9.15 kobo per share.
Top five trading equities
- Access Holdings reported that 138.03 million shares valued at N3.50 billion were traded on its floor.
- Japaul Gold recorded 93.37 million shares valued at N292.93 million.
- AIICO saw investors trade 93.35 million of its shares valued at N220.54 million.
- UBA recorded 68.79 million shares exchanged on its floor, worth N3.05 billion.
- Jaiz Bank reported 59.65 million shares valued at N231.08 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.
