Prime Business Africa
The market capitalisation of the Nigerian Exchange (NGX) Limited, also known as the stock market, closed trading at N94.31 trillion on Thursday, December 11, rising N693.95 billion from the N93.62 trillion recorded on Wednesday, December 10.
The stock market data showed the all-share index (ASI) gained 1,088.59 basis points at the end of trading, to rise from 146,862 ASI to 147,950.59.
Join our WhatsApp ChannelOver 529,70 million shares were exchanged by equity traders in 18,159 deals, valued at N12,31 billion, compared to the previous day’s 747.08 million shares traded in 19,161 deals, valued at N12.42 billion.
Top five gainers
- Japaul Gold’s share price increased by N0.25 kobo to rise from N2.53 kobo to N2.78 kobo per share.
- Berger Paint’s share value grew by N3.60 kobo, from N36.45 kobo to N40.05 per share.
- Morison ended trading at N4.27 kobo per share, from N3.89 kobo per share – indicating an increase of N0.38 kobo.
- LOTUSHAL15 gained N8 to end trading at N90, having opened with N82.
- PZ Cussons’ share value was up by N3.85 kobo, after closing at N45 from N41.15 kobo per share.
Top five losers
- John Holt’s share price depreciated by N0.50 kobo, dwindling from N5.40 kobo to N4.90 per share.
- Champion Brew recorded a N1.10 kobo decline in its share price to end trading at N12.90 kobo after opening with N14 per share.
- Eterna lost N1.75 kobo in its share price after trading hours, to sell at N30.20 kobo from N31.95 kobo per share.
- VFD Group recorded a N0.55 kobo decline in its share price to end trading at N10.30 kobo after opening with N10.85 kobo per share.
- TIP reported a decline of N0.60 kobo from the previous day’s share price of N12.50 kobo to end trading at N11.90 kobo per share.
Top five trading equities
- Access Corporation reported that 156.31 million shares valued at N3.16 billion were traded on its floor.
- FCMB recorded 74.54 million shares valued at N819.50 million.
- Fidelity Bank saw investors trade 42.93 million of its shares valued at N812.70 million.
- Japaul Gold recorded 41.15 million shares exchanged on its floor, worth N105.99 million.
- Zenith Bank reported 20.32 million shares valued at N1.31 billion 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.
