Prime Business Africa
At the end of trading on Friday, the Nigerian Exchange (NGX) market capitalisation settled at N158.51 trillion, up by N235.12 billion from Thursday’s N158.27 trillion.
The all-share index (ASI) expanded by 364.26 basis points, from 245,209.34 ASI to 245,573.6 ASI.
Traders exchanged 1.51 billion shares in 42,580 deals, worth N26.65 billion, compared to the 531.77 million shares traded in 44,826 deals, valued at N20.46 billion, on Thursday.
Join our WhatsApp ChannelTop Five Gainers
- UPDC’s share price increased by N0.30 kobo, from N3.25 kobo to N3.55 kobo per share.
- CWG share value grew by N1.20 kobo, from N18.30 kobo to N19.50 kobo per share.
- Mansard’s share appreciated by N0.60 kobo to end trading at N13.10 kobo, having opened with N12.50 kobo.
- Neimeth’s share ended trading at N8.60 kobo per share, from N8.25 kobo per share – indicating an increase of N0.35 kobo.
- Cutix share value was up by N0.10 kobo, after closing at N2.60 kobo, from N2.50 kobo per share.
Top Five Losers
- Redstar Express’ share price depreciated by N2, dwindling from N20 to N18 per share.
- CAP recorded a N12.80 kobo decline in its share price to end trading at N115.45 kobo, after opening with N128.25 kobo.
- John Holt reported a N1.10 kobo decline in its share price to end trading at N10.10 kobo, after opening with N11.20 kobo per share.
- Associated Bus Company lost N0.55 kobo in its share price, to sell at N5.20 kobo, down from N11.20 kobo per share.
- Legend Internet reported a decline of N0.40 kobo, from the previous share price of N4.60 kobo, to end trading at N4.20 kobo per share.
Top Five Trading Equities
- Fortis Global Insurance reported that 824.45 million shares valued at N2.13 billion were traded on its floor.
- FCMB recorded 217.91 million shares valued at N2.78 billion.
- Access Holdings saw investors trade 176.21 million of its shares valued at N4.66 billion.
- Chams recorded 32.49 million shares exchanged on its floor, worth N132.08 million.
- First HoldCo reported that traders exchanged 25.01 million shares valued at N3.67 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.
