Business

CAP Leads Gainers List, MCNichols Heads Losers’, As Investors Gain N133.43 billion

Nigerian stock exchange appreciated by 0.5 per cent, as the market capitalisation increased to N26.81 trillion on Thursday as investors gain.

Thursday’s rise represents N133.43 billion gain in the market capitalisation that closed Wednesday with N26.68 trillion.

The All-Share Index followed the same path, rising from 48,988.04 ASI to 49,233.02 ASI, after gaining 244.98 basis points. 

Over 222.77 million shares, worth N2.12 billion, were traded on Thursday in 2,756 deals. This contrasts with the 162.97 million shares, worth N3.87 billion, exchanged in 3,286 deals the day before.

Top five gainers

CAP share appreciated by N1.60kobo to rise from N16.20kobo to N17.80kobo per share 

Ardova grew by N1.45kobo, up from N15.25kobo to N16.70kobo per share 

Cornerstone ended trading with N0.52kobo from N0.48kobo per share, rising by 8.33 per cent. 

Thomas gained 8.33 per cent to end trading at N0.52kobo, having opened with N0.48kobo 

Learn Africa stock was up by N0.16kobo, closing with N2.13kobo from N1.97kobo per share. 

Top five losers

MCNichols depreciated by 10 per cent, dwindling from N0.60kobo to N0.54kobo per share. 

Geregu also fell by N9 to end trading at N102, after opening with N111 per share. 

Chams followed the same path, losing 4.35 per cent after trading hours, to sell at N0.22kobo from N0.23kobo per share. 

GTCO reported a decline of N0.40kobo from previous day’s share price of N20.90kobo to end trading at N20.50kobo per share. 

United Capital share depreciated to N13.50kobo from N13.70kobo, after losing N0.20kobo during trading hours.

Top five trading equities in stock exchange as investors gain

Sterling Bank reported 153.28 million shares valued at N205.43 million were traded on its floor 

GTCO recorded 10.46 million shares valued at N216.96 million 

Zenith Bank saw investors trade 8.69 million of its shares valued at N200.25 million 

FBN Holdings recorded 4.97 million shares exchanged on its floor, worth N53.53 million 

UBA reported 4.51 million shares valued at N32.9 million exchanged investors’ hands.

Fakoyejo Olalekan

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