Prime Business Africa
The value of the Nigerian stock market decreased to N161.67 trillion on Thursday, from the N162.05 trillion recorded on Wednesday, down by N380.08 billion.
The all-share index (ASI) contracted to 252,248.37 ASI, dropping by 593.02 basis points from the previous day’s 252,841.39 ASI.
Join our WhatsApp ChannelShares traded increased to 852.27 million on Thursday, as traders exchanged 66,016 deals, worth N29.77 billion, compared to the 1.68 billion shares traded in 76,557 deals, valued at N109.43 billion, on Tuesday.
Top Five Gainers
- Fidson share price increased by N11.30 kobo, from N113.30 kobo to N124.60 kobo per share.
- Austin Laz’s share value grew by N0.37 kobo, from N3.72 kobo to N4.09 per share.
- Berger’s share appreciated by N13.90 kobo, to end trading at N154, having opened with N140.10 kobo.
- Deap Capital’s share ended trading at N5.77 kobo per share, from N5.25 kobo per share – indicating an increase of N0.52 kobo.
- Union Dicon share value was up by N1.95 kobo, after closing at N21.70 kobo, from N19.75 kobo per share.
Top Five Losers
- RT Briscoe share price depreciated by N1.70 kobo, dwindling from N17 to N15.30 kobo per share.
- Zichis recorded a N3.63 kobo decline in its share price to end trading at N32.69 kobo, after opening with N36.32 kobo per share.
- Redstar Express recorded a N2.90 kobo decline in its share price to end trading at N26.50 kobo, after opening with N29.40 kobo per share.
- Meyer lost N2.35 kobo in its share price, to sell at N21.55 kobo, down from N23.90 kobo per share.
- FTN Cocoa reported a decline of N0.96 kobo, from the previous share price of N11.04, to end trading at N10.08 per share.
Top Five Trading Equities
- Chams reported that 122.24 million shares valued at N478.83 million were traded on its floor.
- VFD Group recorded 105.53 million shares valued at N1.15 billion.
- First HoldCo saw investors trade 53.49 million of its shares valued at N3.81 billion.
- Tantalizer recorded 37.22 million shares exchanged on its floor, worth N163.89 million.
- Access Holdings reported that traders exchanged 36.49 million shares valued at N924.60 million.
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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.
