Prime Business AfricaNigeria’s stock market continued its bullish run on Tuesday, July 29, after the market capitalisation increased by N1.73 trillion to N87.19 trillion, from N85.45 trillion on Monday, July 28.
Also, 2,746.36 basis points were added to the all-share index (ASI), as it expanded from 135,166.51 ASI to 137,912.87 ASI.
Join our WhatsApp ChannelAbout N30.62 billion was exchanged for 940.80 million shares in 28,358 deals, compared to Monday’s N23,23 billion traded for 795.59 million shares in 37,626 deals.
Top five gainers
- Berger Paints’ share price increased by N3.10 kobo, to rise from N31 to N34.10 kobo per share.
- HMCall’s share value grew by N0.43 kobo, from N4.30 kobo to N4.73 kobo per share.
- Learn Africa ended trading at N6.93 kobo per share, from N6.30 kobo per share – indicating an increase of N0.63 kobo.
- Thomas Wyatt gained N0.29 kobo to end trading at N3.19 kobo, having opened with N2.90 kobo.
- Ellah Lakes’ share value was up by N0.89 kobo, after closing at N9.80 kobo from N8.91 kobo per share.
Top five losers
- NNFM’s share price depreciated by N10.35 kobo, dwindling from N103.50 kobo to N93.15 kobo per share.
- Associated Bus Company recorded a N0.80 kobo decline in its share price to end trading at N7.20 kobo after opening with N8 per share.
- Vitafoam lost N8.75 kobo in its share price after trading hours, to sell at N79.10 kobo from N87.85 kobo per share.
- IMG reported a decline of N4.15 kobo from the previous day’s share price of N41.80 kobo to end trading at N37.65 kobo per share.
- International Breweries recorded a N1.15 kobo decline in its share price to end trading at N15.05 after opening with N16.20 kobo per share.
Top five trading equities
- Fidelity Bank reported that 111.26 million shares valued at N2.33 billion were traded on its floor.
- Royal Exchange recorded 74.07 million shares valued at N110.80 million.
- Jaiz Gold saw investors trade 60.85 million of its shares valued at N238.18 million.
- Universal Insurance recorded 38.28 million shares exchanged on its floor, worth N28.83 million.
- Access Holdings reported 36.81 million shares valued at N1 billion exchanged in investors’ hands.
For press releases, tip-offs, and corporate information, call 08149575257 (hotline), email: [email protected] and [email protected]
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.
