Prime Business AfricaA N1.75 trillion increase was recorded in the stock market capitalisation on Thursday, July 10, from the N76.97 trillion bourse valuation recorded on Wednesday, July 9.
The market capitalisation ended trading today at N78.72 trillion, while the all-share index (ASI) increased by 2,457.13 basis points from 121,989.67 ASI to 124,446.8 ASI.
Join our WhatsApp ChannelOver 1.28 billion shares were traded by equity traders in 27,875 deals, valued at N27.72 billion, rising above the 888.70 million shares exchanged in 24,303 deals, worth N15.60 billion, the day before.
Top five gainers
- Consolidated Hallmark’s share price increased by N0.30 kobo, to rise from N3 to N3.30 kobo per share.
- FTN Cocoa’s share value grew by N0.62 kobo, from N6.20 kobo to N6.82 kobo per share.
- HM Call ended trading at N4.73 kobo per share, from N4.30 kobo per share – indicating an increase of N0.43 kobo.
- UPDC gained N0.42 kobo to end trading at N4.62 kobo, having opened with N4.20 kobo.
- Caverton’s share value was up by N0.76 kobo, after closing at N8.36 kobo from N7.60 kobo per share.
Top five losers
- Neimeth’s share price depreciated by N0.99 kobo, dwindling from N9.99 kobo to N9 per share.
- Legend Internet recorded a N0.79 kobo decline in its share price to end trading at N7.21 kobo after opening with N8 per share.
- IMG lost N2.70 kobo in its share price after trading hours, to sell at N34 from N36.70 kobo per share.
- Cadbury reported a decline of N3.65 kobo from the previous day’s share price of N58.65 kobo to end trading at N55 per share.
- Livestock recorded a N0.55 kobo decline in its share price to end trading at N9.15 kobo after opening with N9.70 kobo per share.
Top five trading equities
- Access Holdings reported that 174.21 million shares valued at N3.98 billion were traded on its floor.
- AIICO recorded 81.96 million shares valued at N165.01 million.
- Japaul Gold saw investors trade 74.01 million of its shares valued at N245.20 million.
- UBA recorded 64.50 million shares exchanged on its floor, worth N2.52 billion.
- FCMB reported 63.30 million shares valued at N585.74 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.
