Abbey Mortgage Bank Leads Gainers As Stock Market Cap Rises By N239.99bn

April 17, 2025

The Nigerian Exchange Limited (NGX) said the market capitalisation of the bourse increased by N239.99 billion on Thursday, April 17, to N65.49 trillion.

According to data provided by the NGX, the stock market capitalisation rose from N65.25 trillion reported on Wednesday, April 16, after a 0.36 percent appreciation in the all-share index (ASI).

Join our WhatsApp Channel

It was gathered that the all-share index appreciated from 103,851.88 ASI to 104,233.81 ASI.

Also, over 376.29 million shares were traded by investors in 11,204 deals, worth N7.90 billion, contrasting the 351,65 million shares, valued at N13,71 billion, traded in 12,141 deals the day before.

Top five gainers

Abbey Mortgage Bank’s share price increased by N0.81 kobo to rise from N8.15 kobo to N8.96 kobo per share.

Nigerian Breweries’ share value grew by N3.25 kobo, up from N36.20 kobo to N3.26 kobo per share.

Associated Bus Company ended trading with N1.42 kobo, from N1.30 kobo per share – indicating an increase of N0.12 kobo.

Livestock gained N0.80 kobo to end trading at N9.50 kobo, having opened with N8.70 kobo

Ecobank’s share value was up by N2.40 kobo, closing at N29.25 kobo from N26.85 kobo per share.

Top five losers

Sunu Assurance’s share price depreciated by N0.55 kobo, dwindling from N5.55 to N5 per share.

Ellah Lakes recorded a N0.33 kobo decline in its share price to end trading at N3.05 after opening with N3.38 kobo per share.

Cornerstone lost N0.27 kobo in its share price after trading hours, to sell at N2.59 kobo from N2.86 kobo per share.

Sovereign Insurance reported a decline of 9.18 percent from the previous day’s share price of N0.98 kobo to end trading at N0.89 kobo per share.

Universal Insurance recorded a 7.55 percent decline in its share price to end trading at N0.49 kobo after opening with N0.53 kobo per share.

Top five trading equities in the stock exchange

Universal Insurance reported that 89.26 million shares valued at N44.36 million were traded on its floor.

Fidelity Bank recorded 49.52 million shares valued at N915.90 million.

Access Corporation saw investors trade 32.85 million of its shares valued at N715.32 million.

Zenith Bank recorded 15.57 million shares exchanged on its floor, worth 6785.44 million.

Nigerian Breweries reported 15.41 million shares valued at N555.57 million exchanged in investors’ hands.

For press releases, tip-off, and corporate information, call 08149575257 (hotline) 

Email: publisher@primebusiness.africa and editor@primebusiness.africa

+ posts
Previous Story

No State In Nigeria Can Sustain Electricity Subsidies – Nnaji

Next Story

Nigerian Govt Launches Bisonfly Project To Drive Cost Savings Across Federal Civil Service

Featured Stories

Latest from Business

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

NGX Rebounds With N693.95bn Gain

The market capitalisation of the Nigerian Exchange (NGX) Limited, also known as the stock market, closed trading at N94.31 trillion on Thursday, December 11, rising N693.95 billion from the N93.62 trillion recorded on Wednesday, December 10. The stock market data showed the
Five Least Performing Insurance Stocks In Q3 2025

Five Least Performing Insurance Stocks In Q3 2025

While the majority of the insurance stocks in the Nigerian Exchange (NGX) Limited recorded gains in the third quarter (Q3) of 2025, Prime Business Africa (PBA) presents the five least performing insurance stocks for the period under review. The list comprises Lasaco
Previous Story

No State In Nigeria Can Sustain Electricity Subsidies – Nnaji

Next Story

Nigerian Govt Launches Bisonfly Project To Drive Cost Savings Across Federal Civil Service

Don't Miss

Higher Institutions Should Device More Creative Ways Of Fund Raising'

‘Higher Institutions Should Devise More Creative Ways For Fund Raising’

Given the rising economic hardship in Nigeria, it is no
EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Betta Edu Probe

EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Betta Edu Probe

The Economic and Financial Crimes Commission (EFCC) has recovered N30