Prime Business AfricaOn Tuesday, July 8, trading closed with the market capitalisation rising by N226.24 billion to N76.75 trillion, from N76.53 trillion reported on Monday, July 7.
Also, the all-share index (ASI) increased from 121,295.33 ASI to 121,653.93 ASI, representing an expansion of 358.6 basis points.
Join our WhatsApp ChannelOver 1 billion shares were exchanged in 24,770 deals, valued at N19.48 billion on Tuesday, exceeding the 824.10 million shares traded in 24,042 deals, worth N14.43 billion on Monday..
Top five gainers
- Omatek’s share price increased by N0.10 kobo, to rise from N1 to N1.10 kobo per share.
- Champion Brew’s share value grew by N1.36 kobo, from N13.60 kobo to N14.96 kobo per share.
- NGX Group ended trading at N56.10 kobo per share, from N51 per share – indicating an increase of N5.10 kobo.
- C&I Leasing gained N0.60 kobo to end trading at N6.60 kobo, having opened with N6.
- Neimeth’s share value was up by N0.86 kobo, after closing at N9.50 kobo from N8.64 kobo per share.
Top five losers
- Deap Capital’s share price depreciated by N0.13 kobo, dwindling from N1.30 kobo to N1.17 kobo per share.
- ETranzact recorded a N0.95 kobo decline in its share price to end trading at N9 after opening with N9.95 kobo per share.
- NNFM lost N9.90 kobo in its share price after trading hours, to sell at N98.10 kobo from N108 per share.
- Sunu Assurances reported a decline of N0.28 kobo from the previous day’s share price of N4.50 kobo to end trading at N4.22 kobo per share.
- VFD Group recorded a N0.90 kobo decline in its share price to end trading at N13.70 kobo after opening with N14.60 kobo per share.
Top five trading equities
- Access Holdings reported that 124.25 million shares valued at N2.73 billion were traded on its floor.
- Japaul Gold recorded 123.08 million shares valued at N340.91 million.
- Mutual Benefit saw investors trade 55.55 million of its shares valued at N77.74 million.
- Universal Insurance recorded 54.59 million shares exchanged on its floor, worth N38.27 million.
- AIICO reported 40.43 million shares valued at N70.83 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.
