Prime Business AfricaThe market capitalisation of the Nigerian Exchange Limited (NGX), also known as the Nigerian stock market, depreciated by N780.64 billion to N88.78 trillion on Thursday, August 21.
According to the data obtained by the NGX, the bourse had closed trading on Wednesday, August 20, at N89.56 trillion.
Join our WhatsApp ChannelAlso, the all-share index (ASI) decreased to 140,332.44 ASI from 141,566.3 ASI, representing a decline of 1,233.86 basis points.
Over 573.74 million shares were traded in 25,881 deals, valued at N12.87 billion, compared to the 721.81 million shares exchanged in 28,745 deals, worth N12.93 billion, Wednesday.
Top five gainers
- SFS REIT’s share price increased by N24.90 kobo, to rise from N249.25 kobo to N274.15 kobo per share.
- Jaiz Bank’s share value grew by N0.39 kobo, from N4 to N4.39 kobo per share.
- NSLTECH ended trading at N1.05 per share, from N0.96 kobo per share – indicating an increase of 9.38 percent.
- Omatek gained 5.88 percent to end trading at N1.44 kobo, having opened with N1.36 kobo.
- FGSUK2033S6’s share value was up by N4.79 kobo, after closing at N99.79 kobo from N95 per share.
Top five losers
- UPL’s share price depreciated by N0.70 kobo, dwindling from N7 to N6.30 kobo per share.
- Thomas Wyatt recorded a N0.37 kobo decline in its share price to end trading at N3.33 after opening with N3.70 kobo per share.
- International Energy Insurance lost N0.36 kobo in its share price after trading hours, to sell at N3.24 kobo from N3.60 kobo per share.
- Veritas Kapital reported a decline of N0.20 kobo from the previous day’s share price of N2 to end trading at N1.80 kobo per share.
- BUA Cement recorded a N16.80 kobo decline in its share price to end trading at N151.80 kobo after opening with N168.60 kobo per share.
Top five trading equities
- Fidelity Bank reported that 96.06 million shares valued at N1.99 billion were traded on its floor.
- Veritas Kapital recorded 36.60 million shares valued at N66.17 million.
- Universal Insurance saw investors trade 32.93 million of its shares valued at N36.95 million.
- Access Corporation recorded 30.33 million shares exchanged on its floor, worth N819.07 million.
- Jaiz Bank reported that 21.15 million shares valued at N92.13 million were exchanged by investors.
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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.
