Prime Business Africa
The Nigerian Exchange (NGX) market capitalisation increased to N159.15 trillion on Thursday, up from the N158.91 trillion reported on Wednesday.
NGX’s market valuation rose by N238.37 billion after the all-share index (ASI) expanded by 369.05 basis points, from 246,019.17 ASI to 246,388.22 ASI.
Join our WhatsApp ChannelThe bourse reported N29.29 billion transactions were recorded, after investors traded 434.02 million shares in 42,303 deals, on Thursday, raising their participation from the N28.43 billion exchanged for 426.84 million shares in 41,475 deals, the day before.
Top Five Gainers
- Seplat’s share price increased by N1,232, from N12,320.60 kobo to N13,552.60 kobo per share.
- UPDC REIT’s share ended trading at N13.90 kobo per share, from N12.65 kobo per share – indicating an increase of N1.25 kobo.
- Learn Africa’s share value grew by N0.75 kobo, from N7.90 to N8.65 kobo per share.
- Regal Insurance’s share appreciated by 4.76 percent to end trading at N0.88 kobo, having opened at N0.84 kobo.
- Jaiz Bank share value was up by N0.35 kobo, after closing at N8.65 kobo, from N8.30 kobo per share.
Top Five Losers
- FGSUK2031S4’s share price depreciated by N17.90 kobo, dwindling from N99.90 kobo to N82 per share.
- RT Briscoe recorded a N1.10 kobo decline in its share price to end trading at N9.90 kobo, after opening with N11.
- CMFC reported a N0.28 kobo decline in its share price to end trading at N2.56 kobo, after opening with N2.84 kobo per share.
- Sovereign Insurance lost N0.22 kobo in its share price, to sell at N2.04, down from N2.26 kobo per share.
- Abbey Bank reported a decline of N0.75 kobo, from the previous share price of N7.75 kobo, to end trading at N7 per share.
Top Five Trading Equities
- UBA reported that 113.26 million shares valued at N5.22 billion were traded on its floor.
- GTCO recorded 34.25 million shares valued at N4.55 billion.
- Access Holdings saw investors trade 24.88 million of its shares valued at N747.76 million.
- Sovereign Trust Insurance recorded 21.21 million shares exchanged on its floor, worth N46.70 million.
- Wapic reported that traders exchanged 20.58 million shares valued at N48.48 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.
