Prime Business Africa
Zichis Agro, Cadbury, and DAAR Communications were among the gainers in the Nigerian Exchange (NGX) on Tuesday, raking in over N1.84 trillion.
This raised the market capitalisation of the Nigerian stock market to N152.13 trillion, from the N150.29 trillion recorded at the close of trading on Monday.
The all-share index (ASI) of the NGX also expanded from the previous day’s 234,208.45 ASI to 237,083.28 index, reflecting a 2,874.83 basis points.
Join our WhatsApp ChannelTop Five Gainers
- FGSUK2032S7’s share price increased by N76.50 kobo, from N113.70 kobo to N190.20 kobo per share.
- Zichis’ share value grew by N2.42 kobo, from N24.20 kobo to N26.62 kobo per share.
- Cadbury’s share appreciated by N5.60 kobo, to end trading at N61.60 kobo, having opened with N56.
- NAHCO’s share ended trading at N147 per share, from N118 per share – indicating an increase of N13.35 kobo.
- DAAR Communications’ share value was up by N0.18 kobo, after closing at N1.99 kobo, from N1.81 kobo per share.
Top Five Losers
- TAJSUKS2’s share price depreciated by N24.99 kobo, dwindling from N99.99 kobo to N75 per share.
- CMFC recorded a N0.37 kobo decline in its share price to end trading at N3.33 kobo, after opening with N3.70 kobo.
- TransExpress reported a N0.30 kobo decline in its share price to end trading at N2.70 kobo, after opening with N3 per share.
- Fortis Global Insurance lost N0.29 kobo in its share price, to sell at N2.61 kobo, down from N2.90 kobo per share.
- Ecobank reported a decline of N9.50 kobo, from the previous share price of N95.20 kobo, to end trading at N85.70 kobo per share.
Top Five Trading Equities
- Zenith Bank reported that 94.28 million shares valued at N9.91 billion were traded on its floor.
- Fidelity Bank recorded 32.59 million shares valued at N587.38 million.
- Sterling Financial Holdings Company saw investors trade 28.58 million of its shares valued at N218.08 million.
- Linkage Assurance recorded 18.87 million shares exchanged on its floor, worth N28.55 million.
- Jaiz Bank reported that traders exchanged 15.30 million shares valued at N123.64 million.
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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.
