Prime Business Africa
On Thursday, April 9, the Nigerian Exchange’s (NGX) market capitalisation increased to N130.45 trillion.
The market capitalisation increased by N54.81 billion from the N130.40 trillion recorded on Wednesday, April 8.
Join our WhatsApp ChannelThis was revealed by the NGX, which also disclosed that the all-share index expanded from 202,585.53 ASI to 202,672.56 ASI, representing a 87.03 basis points gain.
Trading closed with traders exchanging 652.86 million shares in 51,101 deals, valued at N39.82 billion, which is below the previous day’s 1 billion shares traded in 52,723 deals, worth N40.56 billion.
Top five gainers
- TransExpress’ share price increased by N0.31 kobo, from N3.12 kobo to N3.43 kobo per share.
- International Energy Insurance’s share value grew by N0.31 kobo, from N3.15 kobo to N3.46 kobo per share.
- FGSUK2032S7’s share appreciated by N10.10 kobo to end trading at N113, having opened with N102.89 kobo.
- UPDC REIT ended trading at N7.40 kobo per share, from N6.75 kobo per share – indicating an increase of N0.65 kobo.
- Guinea Insurance’s share value was up by N0.10 kobo, after closing at N1.15 kobo from N1.05 per share.
Top five losers
- LivingTrust share price depreciated by N0.48 kobo, dwindling from N4.80 kobo to N4.32 kobo per share.
- RT Briscoe recorded a N0.98 kobo decline in its share price to end trading at N8.88 kobo after opening with N9.86 kobo per share.
- Tantalizer lost N0.42 kobo in its share price after trading hours, to sell at N3.98 kobo from N4.40 kobo per share.
- Livestock recorded a N0.70 kobo decline in its share price to end trading at N6.75 kobo after opening with N7.45 kobo per share.
- FGSUK2032S5 reported a decline of N9.94 kobo from the previous share price of N109.94 kobo to end trading at N100 per share.
Top five trading equities
- Access Holdings reported that 121.70 million shares valued at N3.16 billion were traded on its floor.
- GTCO recorded 62.27 million shares valued at N8.09 billion.
- Chams saw investors trade 60.72 million of its shares valued at N187.41 million.
- Zenith Bank recorded 43.70 million shares exchanged on its floor, worth N4.87 billion.
- UBA reported that traders exchanged 29.03 million shares valued at N1.33 billion.
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.
