Prime Business Africa
The Nigerian Exchange (NGX) said the market capitalisation of the bourse increased by N305.55 billion to N154.44 trillion on Thursday, from N154.13 trillion on Wednesday.
According to the NGX, the all-share index (ASI) followed the same path, appreciating by 473.17 basis points to 239,156.09 ASI, from 238,682.92 ASI.
Join our WhatsApp ChannelTraders exchanged 499.95 million shares valued at N35.14 billion in 40,323 deals on Thursday, compared to the 733.35 million shares traded in 49,210 deals, valued at N34.52 billion, the previous day.
Top Five Gainers
- Omatek’s share price increased by N0.12 kobo, from N1.25 kobo to N1.37 kobo per share.
- Cornerstone’s share ended trading at N5.35 kobo per share, from N4.90 kobo per share – indicating an increase of N0.45 kobo.
- Mansard share value grew by N1, from N11 to N12 per share.
- Abbey Bank’s share appreciated by N0.50 kobo to end trading at N8.50 kobo, having opened at N8.
- First HoldCo share value was up by N6, after closing at N135, from N129 per share.
Top Five Losers
- Fidson Healthcare’s share price depreciated by N8.40 kobo, dwindling from N84.20 kobo to N75.80 kobo per share.
- Learn Africa recorded a N0.95 kobo decline in its share price to end trading at N8.70 kobo, after opening with N9.65 kobo.
- International Energy Insurance reported a N0.31 kobo decline in its share price to end trading at N2.84 kobo, after opening with N3.15 kobo per share.
- DAAR Communications lost N0.13 kobo in its share price, to sell at N1.38 kobo, down from N1.51 kobo per share.
- Legend Internet reported a decline of N0.35 kobo, from the previous share price of N4.15 kobo, to end trading at N3.80 kobo per share.
Top Five Trading Equities
- Zenith Bank reported that 69.94 million shares valued at N8.20 billion were traded on its floor.
- Access Holdings recorded 45.36 million shares valued at N1.28 billion.
- GTCO saw investors trade 37.46 million of its shares valued at N4.81 billion.
- Sterling Financial Holdings Company recorded 37.21 million shares exchanged on its floor, worth N282.95 million.
- Wapic reported that traders exchanged 24.29 million shares valued at N49.36 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.
