Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn
Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn. Photo Credit: Nikhil Bhatt

The Nigerian Exchange (NGX), also known as the stock market, closed with N113.49 trillion capitalisation on Tuesday, February 10, compared to the N111.65 trillion recorded on Monday, February 9.

According to the NGX data, the market capitalisation had increased by N1.83 billion after the all-share index (ASI) expanded 2,863.2 basis points.

Join our WhatsApp Channel

NGX index had settled at 176,809.42 ASI, above the previous day’s 173,946.22 ASI.

The trading floor recorded 1.30 billion shares in 58,965 deals, valued at N50.42 billion, exceeding the 775.17 million shares exchanged in 65,960 deals, worth N27.91 billion, on Monday.

Top five gainers

  • FGSUK2033S6’s share price increased by N27.99 kobo to rise from N120 to N147.99 kobo per share.
  • Omatek’s share value grew by N0.29 kobo, from N2.90 kobo to N3.19 kobo per share.
  • Deap Capital ended trading at N8.25 kobo per share, from N7.50 kobo per share – indicating an increase of N0.75 kobo.
  • ETranzact’s share appreciated by N1.85 kobo to end trading at N20.35 kobo, having opened with N18.50 kobo.
  • John Holt’s share value was up by N0.80 kobo, after closing at N8.80 kobo from N8 per share.

Top five losers

  • Abbey Mortgage Bank’s share price depreciated by N1.35 kobo, dwindling from N13.75 kobo to N12.40 kobo per share.
  • Skyway Aviation recorded a N14.95 kobo decline in its share price to end trading at N150 after opening with N164.95 kobo per share.
  • Guinea Insurance lost N0.11 kobo in its share price after trading hours, to sell at N1.54 kobo from N1.65 kobo per share.
  • Consolidated Hallmark recorded a N0.32 kobo decline in its share price to end trading at N4.50 kobo after opening with N4.82 kobo per share.
  • Livestock reported a decline of N0.45 kobo from the previous day’s share price of N7.10 kobo to end trading at N6.65 kobo per share.

Top five trading equities

  • Deap Capital reported that 283.12 million shares valued at N1.96 billion were traded on its floor.
  • Access Holdings recorded 135.53 million shares valued at N3.24 billion.
  • Veritas Kapital saw investors trade 67.29 million of its shares valued at N149.65 million.
  • Tantalizer recorded 54.73 million shares exchanged on its floor, worth N289.81 million.
  • Zenith Bank reported that traders exchanged 52.08 million shares valued at N3.95 billion.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline), email: [email protected] and [email protected]

+ posts

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.

Prime Business Africa

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.

Previous Story

All 55 Aboard StarSky Flight Safe After Mogadishu Runway Overrun, Plane lands on Shoreline

Next Story

Black Market Traders Exchange Dollar At N1,441, Pound At N2,014

Featured Stories

Latest from Business News

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Written by Amanze Chinonye Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the constraints are weighing on investment and business growth. While Kenya’s corporate income tax rate is

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

Written by Amanze Chinonye Rwanda has begun importing bulk refined petroleum products through Kenya’s Mombasa port under a new government-to-government arrangement aimed at diversifying its fuel supply routes and strengthening energy security, with the first 40,000-tonne cargo arriving this week. Join our WhatsApp

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman 

Written by Kamsiyochukwu Mbamalu The Chairman of Optiva Capital Partners, Franklin Nechi, has called on African entrepreneurs, investors and families to move beyond traditional wealth accumulation and embrace global access as a strategic tool for business growth, family security and intergenerational legacy. Nechi
Previous Story

All 55 Aboard StarSky Flight Safe After Mogadishu Runway Overrun, Plane lands on Shoreline

Next Story

Black Market Traders Exchange Dollar At N1,441, Pound At N2,014

Don't Miss

Alleged ₦6.9bn Fraud: Court Adjourns Fayose’s Trial Till May 8

Alleged ₦6.9bn Fraud: Court Adjourns Fayose’s Trial Till May 8

Justice Chukujekwu Aneke of the Federal High Court sitting in

Gunmen abduct Adelabu’s sister, twin sons in Ibadan

Gunmen have abducted Olaide John-Paul, the younger sister of former