Prime Business AfricaWith a N174.82 billion gain recorded on Friday, June 20, the stock market capitalisation increased to N74.53 trillion from N74.35 trillion recorded on Thursday, June 19.
Also, the all-share index (ASI) appreciated by 0.23 percent or 277.09 basis points from 117,861.13 ASI to 118,138.22 ASI.
Join our WhatsApp ChannelShares traded on the bourse decreased to 522.81 million on Friday, with investors sealing 17,706 deals, worth N19.68 billion, compared to the N22.02 billion exchanged for 893.96 million shares, in 17,257 deals on Thursday.
Top five gainers
- Legend Internet’s share price increased by N0.72 kobo to rise from N7.20 kobo to N7.92 kobo per share.
- Ellah Lakes’ share value grew by N0.48 kobo, from N4.85 kobo to N5.33 kobo per share.
- Champion Brew ended trading at N8.20 kobo per share, from N7.48 kobo per share – indicating an increase of N0.72 kobo.
- Guinea Insurance gained 8.70 percent to end trading at N0.75 kobo, having opened with N0.69 kobo.
- E-Tranzact’s share value was up by N0.50 kobo, after closing at N7.15 kobo from N6.65 kobo per share.
Top five losers
- Sunu Assurance’s share price depreciated by N0.43 kobo, dwindling from N4.99 kobo to N4.56 kobo per share.
- NNFM recorded an N8.10 kobo decline in its share price to end trading at N93.20 kobo after opening with N101.30 kobo per share.
- Thomas Wyatt lost N0.17 kobo in its share price after trading hours, to sell at N2 from N2.17 kobo per share.
- Livestock reported a decline of N0.60 kobo from the previous day’s share price of N8.70 kobo to end trading at N8.10 kobo per share.
- NEM Insurance recorded a N0.90 kobo decline in its share price to end trading at N17 after opening with N17.90 kobo per share.
Top five trading equities
- Fidelity Bank reported that 38.28 million shares valued at N741.49 million were traded on its floor.
- CWG recorded 24.98 million shares valued at N230.82 million.
- Zenith Bank saw investors trade 24.85 million of its shares valued at N1.23 billion.
- Wapic recorded 24.36 million shares exchanged on its floor, worth N48.74 million.
- Access Holdings reported 23.56 million shares valued at N517.91 million 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.
