Business

Investors Trade N5.72bn Shares, Stock Market Cap Hit N30.38trn

On Thursday, the market capitalisation of the Nigerian stock exchange closed at N30.38 trillion, with the All-Share Index settling at 55,808.25 ASI.

Investors exchanged N5.72 billion in 7,725 deals to trade 390.21 billion shares on Thursday.

Top five gainers

  • Conoil’s share appreciated by N5.75kobo to rise from N57.95kobo to N63.70kobo per share.
  • Sterling Bank grew by N0.20kobo, up from N2.05 to N2.25kobo per share.
  • Eterna ended trading with N8.45kobo from N7.70kobo per share, rising by N0.75kobo.
  • Cornerstone gained 8.97 per cent to end trading at N0.85kobo, having opened with N0.78kobo per share.
  • Mutual Benefit stock was up by 8.33 per cent, closing at N0.39kobo from N0.36kobo per share.

Top five losers

  • FTN Cocoa depreciated by 9.88 per cent, dwindling from N0.81kobo to N0.73kobo per share.
  • Champion also fell by N0.40kobo to end trading at N3.76kobo, after opening at N4.16kobo per share.
  • McNichols followed the same path, losing 9.21 per cent after trading hours, to sell at N0.69kobo from N0.76kobo per share.
  • Chams reported a decline of 8.16 per cent from the previous day’s share price of N0.49kobo to end trading at N0.45kobo per share.
  • Fidson’s share depreciated to N9.80kobo from N10.53kobo, after losing N0.73kobo during trading hours.

Top five trading equities in the stock exchange

  • Access Corporation reported 51.31 million shares, valued at N623.81 million, were traded on its floor.
  • UBA recorded 46.09 million shares valued at N453.13 million.
  • FTN Cocoa saw investors trade 37.31 million of its shares valued at N29.67 million.
  • Zenith Bank recorded 37.15 million shares exchanged on its floor, worth N1.09 billion.
  • GTCO reported 34.35 million shares, valued at N993.22 million, exchanged investors’ hands.
Fakoyejo Olalekan

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