Nestle Leads Gainers As Stock Market Cap Increases By N256.62bn

The market capitalisation of the Nigerian stock market rose by N256.62 billion on Thursday, May 15, to N68.80 trillion from N68.54 trillion on Wednesday, May 14.

Also, the all-share index (ASI) increased by 408.31 basis points or 0.37 percent from 109,059.33 to 109,467.64 ASI.

Investors exchanged N729,87 million shares, valued at N13,87 billion, in 14,743 deals, compared to the 531.28 million shares exchanged in 14,870 deals on Wednesday.

Top five gainers

• Nestle’s share price increased by N121 to rise from N1210 to N1331 per share.
• Honeywell’s share value grew by N1.50 kobo, up from N15 to N16.50 kobo per share.
• Beta Glass ended trading at N213.70 kobo per share, from N194.30 kobo per share – indicating an increase of N19.40 kobo.
• NPF Microfinance gained N0.21 kobo to end trading at N2.35 kobo, having opened with N2.14 kobo.
• Neimeth’s share value was up by N0.30 kobo, after closing at N3.37 kobo from N3.07 per share.

Top five losers

• Multiverse’s share price depreciated by N0.95 kobo, dwindling from N9.85 kobo to N8.90 kobo per share.
• WAPIC recorded a N0.10 kobo decline in its share price to end trading at N2.01 after opening with N2.11 kobo per share.
• Lasaco lost N0.11 kobo in its share price after trading hours, to sell at N2.32 kobo from N2.43 kobo per share.
• May and Baker reported a decline of N0.50 kobo from the previous day’s share price of N12.60 kobo to end trading at N13.10 kobo per share.
• AIICO recorded a 3.61 percent decline in its share price to end trading at N1.60 kobo after opening with N1.66 kobo per share.

Top five trading equities in the stock exchange

• FCMB reported that 273.03 million shares valued at N2.56 billion were traded on its floor.
• Fidelity Bank recorded 43.45 million shares valued at N896.72 million.
• Caverton saw investors trade 35.09 million of its shares valued at N144.66 million.
• AIICO recorded 33.85 million shares exchanged on its floor, worth N54.26 million.
• FTN Cocoa reported 26.35 million shares valued at N63.27 million exchanged in investors’ hands.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline)
Email: publisher@primebusiness.africa and editor@primebusiness.africa

Please follow and like us:

Prime Business Africa

+ postsBio

• Prime Business Africa

  https://www.primebusiness.africa/author/pba-writer/

  Segun Agbaje Makes N482.88m From GTCO’s Bullish Run
• Prime Business Africa

  https://www.primebusiness.africa/author/pba-writer/

  AXA Mansard’s Revenue Hits N40.33bn, PAT Drops By 51.74%
• Prime Business Africa

  https://www.primebusiness.africa/author/pba-writer/

  Stock Market Cap Increases By N186bn As ASI Jumps 0.27%
• Prime Business Africa

  https://www.primebusiness.africa/author/pba-writer/

  Interest On Deposits Cuts Into UBA’s Earnings