Tantalizer Among Gainers As NGX Market Cap Surges By N598bn

Academy topped the gainers’ chart on the Nigerian Exchange (NGX) on Wednesday, January 14, and May & Baker led the losers’ table as the bourse’s market capitalisation increased by N598.40 billion.

According to data provided by the NGX, also known as the stock market, the market capitalisation increased from N106.18 trillion, recorded on Tuesday, January 13, to N106.78 trillion.

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This followed a 934.63 basis points gain by the all-share index (ASI), as it expanded from 165,837.32 ASI to 166,771.95 ASI.

At the end of trading, over 761.94 million shares were traded by equity investors in 55,751 deals, worth N29.85 billion, compared to the N33.54 billion exchanged for 1.13 billion shares in 49,216 deals, on Tuesday.

Top five gainers

Academy’s share price increased by N0.75 kobo to rise from N7.50 kobo to N8.25 kobo per share.
NCR’s share value grew by N9.65 kobo, from N96.65 kobo to N106.30 kobo per share.
Tripple Gee ended trading at N4.86 kobo per share, from N4.42 kobo per share – indicating an increase of N0.44 kobo.
Tantalizer gained N0.27 kobo to end trading at N2.99 kobo, having opened with N2.72 kobo.
McNichols’ share value was up by N0.66 kobo, after closing at N7.31 kobo from N6.65 kobo per share.

Top five losers

May & Baker’s share price depreciated by 3.10 percent, dwindling from N31.65 kobo to N28.55 kobo per share.
Wapic recorded a N0.24 kobo decline in its share price to end trading at N3.31 kobo after opening with N3.55 kobo per share.
Livestock lost N0.50 kobo in its share price after trading hours, to sell at N7 from N7.50 kobo per share.
PZ Cussons recorded a N3.80 kobo decline in its share price to end trading at N54.50 kobo after opening with N58.30 kobo per share.
Eterna reported a decline of N2.30 kobo from the previous day’s share price of N36.50 kobo to end trading at N34.20 kobo per share.

Top five trading equities

Access Holdings reported that 53.41 million shares valued at N1.23 billion were traded on its floor.
Lasaco recorded 38.99 million shares valued at N100.20 billion.
Veritas Kapital saw investors trade 32.79 million of its shares valued at N69.59 million.
Tantalizer recorded 30.12 million shares exchanged on its floor, worth N89.54 million.
Deap Capital reported that traders exchanged 28.59 million shares valued at N114.04 million.

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