Prime Business Africa
On Wednesday, December 31, the Nigerian Exchange (NGX), also known as the stock market, closed with N99.37 trillion market capitalisation.
Also, the all-share index (ASI) settled at 155,613.03 ASI.
Join our WhatsApp ChannelOver 1.22 billion shares were exchanged in 27,884 deals, valued at N35.12 billion
Top five gainers
- ALEX’s share price increased by N1.95 kobo to rise from N19.70 kobo to N21.65 kobo per share.
- Austin Laz’s share value grew by N0.38 kobo, from N3.87 kobo to N4.25 kobo per share.
- Meyer ended trading at N12.95 kobo per share, from N11.80 kobo per share – indicating an increase of N1.15 kobo.
- C&I Leasing gained N0.60 kobo to end trading at N6.85 kobo, having opened with N6.25 kobo.
- Union Dicon’s share value was up by N0.60 kobo, after closing at N6.90 kobo from N6.30 kobo per share.
Top five losers
- FGSUK2031S4’s share price depreciated by N16.89 kobo, dwindling from N94.94 kobo to N78.04 per share.
- Neimeth recorded a N0.60 kobo decline in its share price to end trading at N5.80 kobo after opening with N6.40 kobo per share.
- Tantalizers lost N0.18 kobo in its share price after trading hours, to sell at N2.50 kobo from N2.68 kobo per share.
- International Breweries recorded a N0.65 kobo decline in its share price to end trading at N14 after opening with N14.65 kobo per share.
- NPF Microfinance reported a decline of N0.12 kobo from the previous day’s share price of N3.83 kobo to end trading at N3.71 kobo per share.
Top five trading equities
- Chams reported that 710.28 million shares valued at N2.56 billion were traded on its floor.
- Zenith Bank recorded 58.75 million shares valued at N3.66 billion.
- Access Corporation saw investors trade 57.60 million of its shares valued at N1.21 billion.
- FCMB recorded 44.06 million shares exchanged on its floor, worth N516.33 million.
- Tantalizer reported 39.94 million shares valued at N100.04 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.
