Prime Business Africa
The top gainers’ list was led by Deap Capital, and Tripple Gee topped the losers’ table on Thursday, February 19, as the Nigerian Exchange (NGX) gained N1.69 trillion.
NGX said the market capitalisation increased to N123,93 trillion, from the N122.23 trillion recorded on Wednesday, February 18.
Join our WhatsApp ChannelSimilarly, the all-share index (ASI) expanded by 2,645.61 basis points, from 190,427.96 ASI to 193,073.57 ASI.
The volume of shares traded dropped to 898,48 million on Thursday, as investors exchanged 61,953 deals, worth N38,47 billion, compared to the 3.66 billion shares traded in 68,693 deals, valued at N61.88 billion, the day before.
Top five gainers
- Deap Capital’s share price increased by N0.63 kobo to rise from N6.30 kobo to N6.93 kobo per share.
- Okomu Oil’s share value grew by N132.70 kobo, from N1327 to N1459.70 kobo per share.
- FTGInsure ended trading at N0.55 kobo per share, from N0.50 kobo per share – indicating an increase of 10 percent.
- Infinity Trust Mortgage Bank’s share appreciated by N1.30 kobo to end trading at N14.35 kobo, having opened with N13.05.
- ZICHIS Agro’s share value was up by N1.43 kobo, after closing at N15.79 kobo from N14.36 kobo per share.
Top five losers
- Tripple Gee’s share price depreciated by N0.60 kobo, dwindling from N6 to N5.40 kobo per share.
- Multiverse recorded a N2.80 kobo decline in its share price to end trading at N25.20 kobo after opening with N28 per share.
- NSLTECH lost N0.20 kobo in its share price after trading hours, to sell at N1.80 kobo from N2 per share.
- McNichols recorded a N0.92 kobo decline in its share price to end trading at N8.28 kobo after opening with N9.20 kobo per share.
- Meyer reported a decline of N2.25 kobo from the previous share price of N22.95 kobo to end trading at N20.70 kobo per share.
Top five trading equities
- Japaul Gold reported that 80.12 billion shares valued at N293.24 million were traded on its floor.
- NSLTECH recorded 71.77 million shares valued at N136.48 million.
- Mutual Benefit saw investors trade 58.67 million of its shares valued at N277.55 million.
- Zenith Bank recorded 53.22 million shares exchanged on its floor, worth N4.51 billion.
- GTCO reported that traders exchanged 52.62 million shares valued at N6.19 billion.
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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.
