Prime Business Africa
The market capitalisation of the Nigerian Exchange (NGX) increased by N706.66 billion to N131.16 trillion on Friday, April 10.
According to the stock market data, the NGX market capitalisation increased from the N130.45 trillion recorded on Thursday, April 9.
Join our WhatsApp ChannelIt was gathered that the all-share index (ASI) followed the upward path with 1,097.86 basis points gains, after expanding from 202,672.56 ASI to 203,770.42 ASI.
The volume of shares traded on the NGX decreased to 548.60 million on Friday, in 48,538 deals valued at N31.45 billion, compared to the 652.86 million shares exchanged in 51,101 deals, valued at N39.82 billion, on Thursday.
Top five gainers
- TransExpress’ share price increased by N0.34 kobo, from N3.43 kobo to N3.77 kobo per share.
- International Breweries’ share value grew by N1.20 kobo, from N12.15 kobo to N13.35 kobo per share.
- Chams’ share appreciated by N0.30 kobo to end trading at N3.35 kobo, having opened with N3.05.
- Guinness ended trading at N462.90 kobo per share, from N423.20 kobo per share – indicating an increase of N39.70 kobo.
- Wapco’s share value was up by N18.30 kobo, after closing at N214.90 kobo from N233.20 kobo per share.
Top five losers
- Omatek share price depreciated by N0.23 kobo, dwindling from N2.30 kobo to N2.07 per share.
- Austin Laz recorded a N0.44 kobo decline in its share price to end trading at N3.99 kobo after opening with N4.43 kobo per share.
- Wapic lost N0.32 kobo in its share price after trading hours, to sell at N2.92 kobo from N3.24 kobo per share.
- Zichis Agro recorded a N1.33 kobo decline in its share price to end trading at N12.55 kobo after opening with N13.88 kobo per share.
- Cornerstone reported a decline of N0.50 kobo from the previous share price of N5.70 kobo to end trading at N5.20 kobo per share.
Top five trading equities
- Access Holdings reported that 52.70 million shares valued at N1.37 billion were traded on its floor.
- Zenith Bank recorded 47.79 million shares valued at N5.34 billion.
- UBA saw investors trade 38.88 million of its shares valued at N1.82 billion.
- NSLTECH recorded 36.69 million shares exchanged on its floor, worth N35.44 million.
- GTCO reported that traders exchanged 34.90 million shares valued at N4.63 billion.
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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.
