NGX Market Cap Plummets By N1.31trn, BUA Cement, PZ Cussons Among Losers

July 13, 2026

The Nigerian Exchange (NGX) said the market capitalisation of the bourse closed at N155.12 trillion on Monday.

In a data provided by the NGX, the market capitalisation decreased by N1.31 trillion from the N156.44 trillion reported on Friday.

This followed a 2,051.26 basis points loss by the all-share index (ASI), which contracted from 243,798.76 ASI to 241,747.5 index.

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On the trading floor, over 491.51 million shares were exchanged in 57,830 deals, valued at N20.63 billion, compared to the N19.4 billion traded for 441.26 million shares in 44,938 deals on Friday.

Top Five Gainers

  • NIDF’s share price increased by N14.80 kobo, from N148.50 kobo to N163.30 kobo per share.
  • International Breweries’ share value grew by N1.30 kobo, from N13.30 kobo to N14.60 kobo per share.
  • UAC Nigeria share appreciated by N15, to end trading at N199.95 kobo, having opened with N184.95 kobo.
  • DAAR Communication’s’ share ended trading at N1.76 kobo per share, from N1.65 kobo per share – indicating an increase of N0.11 kobo.
  • Vitafoam’s share value was up by N10.80 kobo, after closing at N194.80 kobo, from N184 per share.

Top Five Losers

  • FGSUK2032S7 share price depreciated by N76.20 kobo, dwindling from N190.20 kobo to N114 per share.
  • McNichols recorded a N0.50 kobo decline in its share price to end trading at N4.50 kobo, after opening with N5.
  • PZ Cussons reported a N9 decline in its share price to end trading at N81, after opening with N90 kobo per share.
  • BUA Cement lost N34 in its share price, to sell at N306.20 kobo, down from N340.20 kobo per share.
  • Redstar Express reported a decline of N2.45 kobo, from the previous share price of N24.55 kobo, to end trading at N22.10 kobo per share.

Top Five Trading Equities

  • FCMB reported that 98.25 million shares valued at N979.3 million were traded on its floor.
  • International Breweries recorded 25.53 million shares valued at N369.03 million.
  • Access Holdings saw investors trade 22.67 million of its shares valued at N566.30 million.
  • MCNichols recorded 19.66 million shares exchanged on its floor, worth N92.16 million.
  • Stanbic IBTC reported that traders exchanged 18.27 million shares valued at N2.84 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.

Prime Business Africa

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.

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