Seplat, Cornerstone Top Gainers’ List, As NGX Market Cap Rises By N60 billion

July 18, 2022
Nigerian Stock Exchange 1 660x400 1
Nigerian Stock Exchange 1 660x400 1

The stock market capitalisation gained N60 billion on Monday after appreciating by 0.2% to close at N28.21 trillion, rising from N28.15 trillion.

It was driven by the All-Share Index, which rose by 104.82 basis points, to settle at 52,319.94 points, above Friday’s 52,215.12.

Join our WhatsApp Channel

At the end of trading on Monday, investors sealed 4,525 deals after exchanging 116.28 million shares worth N3.46 billion.

Investment on the exchange floor was contrast to the 190.09 million shares, worth N4.1 billion, traded in 3,893 deals on Friday.

Top five gainers

  • Seplat gained N130, after its stock price appreciated from N1300.50kobo to N1430.50kobo per share.
  • Cornerstone reported an uptick of 8.77 percent, as its share rose from N0.57kobo to N0.62kobo per share.
  • RT Briscoe share went up by 8.11 percent, rising to N0.40kobo from N0.37kobo per share.
  • Wema Bank saw its share price gain N0.26kobo, increasing to N4 from N3.74kobo per share.
  • Fidson recorded an appreciation of N0.49kobo, after the share went from N9.41kobo to N9.90kobo per share.

Top five losers

  • CWG share depreciated by 10 percent, dwindling from N0.90kobo to N0.81kobo per share.
  • Academy share dropped in value by N0.21kobo, to settle at N2 from N2.21kobo per share.
  • Honeywell Flour followed the same path, losing N0.25kobo after trading hours, to sell at N2.50kobo from N2.75kobo per share.
  • Nahco reported a decline of N0.58kobo in its share, depreciating from N6.58kobo to N6 per share.
  • Regal Insurance share lost 7.41 percent from previous day’s N0.27kobo, dropping to N0.25kobo per share.

Top five trading equities

  • UBA reported 12.92 million shares valued at N96.87 million, were traded on its floor.
  • Zenith Bank recorded 10.67 million shares valued at N235.67 million.
  • First Bank of Nigeria Holdings saw investors trade 8.15 million of its shares worth N88.72 million.
  • Access Corporation recorded 6.71 million shares worth N62.72 million were exchanged.
  • GTCO reported that 5.89 million shares exchanged hands of investors, valued at N125.38 million.

Featured Stories

Latest from Business

Sell Off In Meyer, Champion Brew Reduce NGX Market Cap By N475bn

Sell Off In Meyer, Champion Brew Reduce NGX Market Cap By N475bn

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, decreased by N475.62 billion to N123.76 trillion on Friday, February 27. According to the NGX, the market capitalisation dropped from the N124.23 trillion recorded on Thursday, February 26.Join
FCCPC Clarifies One-Month Moratorium On Exploitative Pricing Amid Economic Challenges

FCCPC Flags Possible Airline Price-Fixing During 2025 Christmas Season

Nigeria’s consumer protection agency has uncovered evidence suggesting some domestic airlines may have engaged in price fixing during the 2025 Christmas travel rush. In an interim report released Thursday, the Federal Competition and Consumer Protection Commission (FCCPC) said ticket fares during December
Previous Story

Nollywood Deaths: Mercy Aigbe, Lepacious Bose Mourn Ada Ameh, Sola Onayinga

Adeleke’s Winning Osun Guber, A Testimony That He Was Robbed Of Victory In 2018 – Ihedioha
Next Story

Adeleke’s Winning Osun Guber, A Testimony That He Was Robbed Of Victory In 2018 – Ihedioha

Don't Miss

NCS

Six Rice Smugglers Killed In Katsina

OPERATIVES of the Nigeria Customs Service have allegedly killed six

Football Transfer News: Osimhen Hints At Decision To Remain At Napoli 

Super Eagles striker Victor Osimhen has hinted that he will