Cadbury, Total, Others Pocket N225.97 billion In Stock Market

The stock market capitalisation rose to N28.36 trillion on Wednesday, 26 April, from the N28.14 trillion reported on Tuesday, 25 April.

Prime Business Africa gathered that the valuation of the Nigerian bourse was up by 0.8 per cent or N225.97 billion at the end of trading. 

Similarly, the All-Share Index closed high, ending today’s session at 52,096.01 ASI, indicating an increase of 415 basis points from 51,681.01 ASI.

Investors exchanged N19.42 billion for 6.47 billion shares in 4,996 deals on Wednesday. 

The day before, they parted with N8.84 billion in 6,404 deals to trade 2.09 billion shares. 

Top five gainers 

• Academy’s share appreciated by N0.13kobo to rise from N1.30kobo to N1.43kobo per share.    
• Livestock grew by N0.10kobo, up from N1 to N1.10kobo per share.    
• Total ended trading with N217.50kobo from N197.80kobo per share, rising by N19.70kobo.  
• Cadbury gained N1 to end trading at N11.20kobo, having opened with N10.20kobo per share.    
• Honeywell Flour’s stock was up by N0.25kobo, closing at N2.80kobo from N2.55kobo per share.      

Top five losers 

• Fidelity Bank depreciated by N0.37kobo, dwindling from N5.63kobo to N5.26kobo per share.       
• Fidson also fell by N0.50kobo to end trading at N8.50kobo, after opening at N9 per share.       
• Linkage Assurance followed the same path, losing 4.35 per cent after trading hours, to sell at N0.44kobo from N0.46kobo per share.       
• Mansard reported a decline of 3.28 per cent from the previous day’s share price of N2.44kobo to end trading at N2.36kobo per share.       
• Jaiz Bank share depreciated to N0.89kobo from N0.92kobo, after losing 3.26 per cent during trading hours.       

Top five trading equities in the stock exchange 

• Transcorp reported 6.12 billion shares, valued at N15.56 billion, were traded on its floor.     
• Aluminium Extrusion recorded 112.53 million shares valued at N731.49 million.      
• Access Corporation saw investors trade 60.51 million of its shares valued at N632.25 million.      
• UBA recorded 27.60 million shares exchanged on its floor, worth N217.95 million.       
• Fidelity Bank reported 22.32 million shares, valued at N123.64 million, exchanged investors’ hands.

Fakoyejo Olalekan

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