Prime Business Africa
The Nigerian stock market closed on a high on Friday, after the market capitalisation settled at N157.05 trillion, compared to Thursday’s N156.20 trillion.
This represents a N849.28 billion growth in the Nigerian Exchange (NGX) market valuation.
The NGX rebounded from the previous day’s loss after the all-share index (ASI) expanded by 1,316.52 basis points, from 242,145.61 ASI to 243,462.13 index
Join our WhatsApp ChannelThe stock market recorded 685.87 million shares traded in 44,134 deals, valued at N42.68 billion, compared to the 498.44 million shares exchanged in 39,484 deals, worth N34.87 billion, on Thursday.
Top Five Gainers
- FGSUK2032S7’s share price increased by N74.49 kobo, from N115.50 kobo to N189.99 kobo per share.
- FGSUK2032S5’s share value grew by N23.64 kobo, from N95.90 kobo to N119.55 kobo per share.
- First HoldCo’s share appreciated by N8.70 kobo to end trading at N95.95 kobo, having opened with N87.25 kobo.
- HMCall’s share ended trading at N3.65 kobo per share, from N3.32 kobo per share – indicating an increase of N0.33 kobo.
- LivingTrust Mortgage’s share value was up by N0.33 kobo, after closing at N3.72 kobo, from N3.39 kobo per share.
Top Five Losers
- Redstar Express share price depreciated by N2.10 kobo, dwindling from N22.10 kobo to N20 per share.
- Omatek recorded a N0.11 kobo decline in its share price to end trading at N1.70 kobo, after opening with N1.81 kobo.
- C&I Leasing reported a N0.35 kobo decline in its share price to end trading at N5.55 kobo, after opening with N5.90 kobo per share.
- Jaiz Bank lost N0.45 kobo in its share price, to sell at N8.50 kobo, down from N8.95 kobo per share.
- Livestock reported a decline of N0.35 kobo, from the previous share price of N9, to end trading at N8.65 kobo per share.
Top Five Trading Equities
- First HoldCo reported that 225.91 million shares valued at N20.96 billion were traded on its floor.
- Guinea Insurance recorded 53.4 million shares valued at N45.19 million.
- Zenith Bank saw investors trade 41.52 million of its shares valued at N4.71 billion.
- Access Holdings recorded 29.12 million shares exchanged on its floor, worth N720.62 million.
- UBA reported that traders exchanged 27.51 million shares valued at N1.24 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.
