Fakoyejo Olalekan
Investors in UPL, Ikeja Hotels and other equities on the gainers list pocketed N94.46 billion on Thursday after the market capitalisation rose from N34.71 trillion to N34.81 trillion.
The All-Share Index inched higher by 173.49 basis points to 63,930.72 ASI, from 63,757.23 ASI.
Join our WhatsApp ChannelThe value of the 1.35 billion shares traded in 7,179 deals on Thursday was N18.06 billion, contrasting with the 473.49 million shares exchanged in 7,403 deals, worth N10.08 billion on Wednesday.
Top five gainers
- UPL’s share appreciated by N0.22 kobo to rise from N2.20 kobo to N2.42 kobo per share.
- Eunisell grew by N0.22 kobo, up from N2.21 kobo to N2.43 kobo per share.
- Academy ended trading with N2.43 kobo from N2.21 kobo per share, rising by N0.22 kobo.
- Chellarams gained N0.21 kobo to end trading at N2.33 kobo, having opened with N2.12 kobo per share.
- Ikeja Hotel’s stock was up by N0.24 kobo, closing at N2.80 kobo from N2.56 kobo per share.
Top five losers
- Courtville depreciated by 9.86 per cent, dwindling from N0.71 kobo to N0.64 kobo per share.
- FTN Cocoa also declined by N0.20 kobo to end trading at N1.87 kobo, after opening at N2.07 per share.
- Abbey followed the same path, losing N0.13 kobo after trading hours, to sell at N1.24 kobo from N1.37 kobo per share.
- May & Baker reported a decline of N0.55 kobo from the previous day’s share price of N6 to end trading at N5.45 kobo per share.
- UPDC’s share depreciated to N1.07 from N1.17 kobo, after losing N0.10 kobo during trading hours.
Top five trading equities in the stock exchange
- UBA reported 961.50 million shares, valued at N13.30 billion, were traded on its floor.
- Sterling Bank recorded 43.66 million shares valued at N158.99 million.
- FBN Holdings saw investors trade 40.31 million shares valued at N720.05 million.
- Japaul Gold recorded 35.95 million shares exchanged on its floor, worth N28.04 million.
- Universal Insurance reported 35.08 million shares, valued at N8.26 million, exchanged investors’ hands.
