Prime Business Africa
The Nigerian stock market capitalisation closed trading at N67.06 trillion on Monday, May 5, after the all-share index (ASI) settled at 106,698.5 ASI.
Investors exchanged 569.04 million shares in 18,612 deals worth N18,93 billion at the end of trading.
Join our WhatsApp ChannelTop five gainers
- Beta Glass’ share price increased by N10.95 kobo to rise from N109.80 kobo to N120.75 kobo per share.
- TIP’s share value grew by N0.49 kobo, up from N4.95 kobo to N5.44 kobo per share.
- Cadbury ended trading at N35.05 kobo per share, from N31.90 kobo per share – indicating an increase of N3.15 kobo.
- Caverton gained N0.26 kobo to end trading at N2.92 kobo, having opened with N2.66 kobo.
- Multiverse’s share value was up by N0.60 kobo, after closing at N6.95 kobo from N6.35 kobo per share.
Top five losers
- Ecobank’s share price depreciated by N2.50 kobo, dwindling from N26 to N23.50 kobo per share.
- Meyer recorded a N0.60 kobo decline in its share price to end trading at N8.35 kobo after opening with N8.95 kobo per share.
- Custodian lost N0.85 kobo in its share price after trading hours, to sell at N17.15 kobo from N18 kobo per share.
- Mutual Benefit reported a decline of 4.49 percent from the previous day’s share price of N0.89 kobo to end trading at N0.85 kobo per share.
- Access Corporation recorded a N0.85 kobo decline in its share price to end trading at N21.05 after opening with N21.90 kobo per share.
Top five trading equities in the stock exchange
- First HoldCo reported that 106.03 million shares valued at N2.64 billion were traded on its floor.
- GTCO recorded 87.18 million shares valued at N5.55 billion.
- Access Corporation saw investors trade 42.91 million of its shares valued at N919.27 million.
- Japaul Gold recorded 41.26 million shares exchanged on its floor, worth N80.54 million.
- Chams reported 23.61 million shares valued at N48.76 million exchanged in investors’ hands.
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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.
