Prime Business AfricaThe stock market capitalisation decreased to N92.28 trillion on Wednesday, August 13, from N92.40 trillion recorded on Tuesday, August 12.
While the equity capitalisation declined by N120.91 billion, the all-share index (ASI) depreciated by 190.2 basis points, from 146,055.89 ASI to 145,864.8 ASI.
Join our WhatsApp ChannelTraders were involved in 30,749 deals after trading N20.21 billion for 1.34 billion shares, against the 1.27 billion shares exchanged in 31,155 deals, worth N24.25 billion, on Tuesday.
Top five gainers
- Learn Africa’s share price increased by N0.70 kobo, to rise from N7 to N7.70 kobo per share.
- Triple Gee’s share value grew by N0.47 kobo, from N4.70 kobo to N5.17 kobo per share.
- Prestige ended trading at N2.42 kobo per share, from N2.20 kobo per share – indicating an increase of N0.22 kobo.
- FTN Cocoa gained N0.63 kobo to end trading at N6.93 kobo, having opened with N6.30 kobo.
- Lotus Hal’s share value was up by N7.20 kobo, after closing at N79.20 kobo from N72 per share.
Top five losers
- Thomas Wyatt share price depreciated by N0.38 kobo, dwindling from N3.80 kobo to N3.42 kobo per share.
- UPDC recorded a N0.69 kobo decline in its share price to end trading at N8 after opening with N8.69 kobo per share.
- Legend Internet lost N0.38 kobo in its share price after trading hours, to sell at N5.60 kobo from N5.98 kobo per share.
- Berger Paints reported a decline of N2.10 kobo from the previous day’s share price of N34.10 kobo to end trading at N32 per share.
- Champion Brew recorded a N1 decline in its share price to end trading at N16.38 kobo after opening with N17.38 kobo per share.
Top five trading equities
- Universal Insurance reported that 193.43 million shares valued at N282.41 million were traded on its floor.
- Japaul Gold recorded 123.16 million shares valued at N389.97 million.
- Veritas Kapital saw investors trade 93.21 million of its shares valued at N260.05 million.
- Access Holdings recorded 84.98 million shares exchanged on its floor, worth N2.34 billion.
- Sterling Financial Holdings Company reported that 68.20 million shares valued at N552.61 million were exchanged by investors.
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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.
