Business A.M
No Result
View All Result
Thursday, February 12, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Markets

NGX closes bearish with market capitalisation down N61bn

by Chris
January 21, 2026
in Markets

By Cynthia Ezekwe 

Trading activities on the floor of  Nigerian Exchange (NGX) closed negative at the end of  Thursday’s trading session, as market capitalisation of equities saw a loss of N61 billion to close at N32.241 trillion,  lower than the N32.302 trillion recorded in the previous trading session.

The All-Share Index (ASI) traded 0.19 per cent  lower to close at 59,211.26 index points as against 59,323.95 index points recorded in the previous day’s trading session.

A total of  615.91 million units of shares were exchanged in 7,459 deals, valued at  N6.62 billion.

Trading volume also reduced by 4.22 per  cent  from the previous day’s session as WAPIC Plc was the most traded equity by volume  at the end of Thursday’s trading session.

Market breadth closed negative as NEM Plc topped the gainers chart with an increase of 10.00 per cent against other price decliners led by LASACO as it  shed its share price by 10.00 per cent.

NEM led the gainers table as it appreciated 10.00 per cent  to close at N6.93 per share;  CORNERST gained 9.90 per cent  to close at N1.11 per share; SKYAVN increased by 9.74 per cent  to close at N8.45 per share; WAPIC gained 9.30 per cent  to close at N0.94 per share; while AFRIPRUD was up  9.09 per cent to close at N6.60 per share.

However, LASACO led the losers chart as it shed 10.00 per cent of its share price  to close at N2.34 per share; SOVRENINS was down by 9.84 per cent to close at N0.55 per share; UNITYBNK depreciated 9.63 per cent to close at N1.22 per share; NSLTECH was down 9.52 per cent  to close at N0.38 per share; while IKEJAHOTEL lost 9.06 per cent  to close at N2.91 per share.

Previous Post

Africa’s external debt to hit $1.13 trillion by 2023, says AfDB

Next Post

FAAC allocation to federal govt, subnationals rises to N786.161bn in May  

Next Post

FAAC allocation to federal govt, subnationals rises to N786.161bn in May  

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026
inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

February 10, 2026
Egbin Power targets youth employability with tech skills initiative

Egbin Power targets youth employability with tech skills initiative

February 10, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria faces cybersecurity emergency as breached accounts hit 23.3 million

Nigeria leads Africa in cyberattacks with 4,701 weekly hits per organisation

February 12, 2026
Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

February 12, 2026
Bayern Munich emerges Europe’s most complete football club in data-led ranking

Bayern Munich emerges Europe’s most complete football club in data-led ranking

February 12, 2026
Capital reforms slow once-buoyant credit insurance market

Capital reforms slow once-buoyant credit insurance market

February 12, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

    0 shares
    Share 0 Tweet 0
  • Egbin Power targets youth employability with tech skills initiative

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria faces cybersecurity emergency as breached accounts hit 23.3 million

Nigeria leads Africa in cyberattacks with 4,701 weekly hits per organisation

February 12, 2026
Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

February 12, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M