Latest / Green Ticker Tales / NAHCO is leading the gainers: NGX Midday Update July 6, 2026
Transcript
- 0:00Good afternoon, welcome to the mid-day update. At the moment, the all-share index is up by 0.85%. The index measures the average performance of stocks on the exchange. Let's look at the top gainers that we have. Top gainers are NACO, Dark Communications and Ikeja Hotel. NACO trading at 147 Naira, up 9.99%. Dark Communications trading at 199 Naira, up by 9.94%.
- 0:28KJ Aotei trading at 47.20 kubwa up by 9.90%. On the flip side of things, the top users are McNichols, FTG Insure and Sterling Financial Holdco. McNichols trading at 6.75 kubwa down 9.40%. FTG Insure is down 8.62%, currently trading at 2.65 kubwa. And then you have Sterling Financial trading at 7.55 kubwa down by 3.8%.
- 0:58two percent uh we switched lanes uh to the angels corporate disclosure page i will have a couple of um key corporate disclosures that were sent in today so let's get into those numbers uh better glass has sent in a notice of a mandatory take over offer essentially the gist of the matter is better glass had a change in its ownership and by
- 1:24corporate law corporate rules and regulations you buy the majority stake of a firm then you have to make a mandatory tender offer to minority shareholders to buy their shares in this case what's been done is the tender for about one point something percent of the shares held by the minority players so that's what we have
- 1:51And it's taking place, it's kicked off today. Qualification date for the offer is Thursday, 25th of June. But we'll get into this in greater detail at market close. So that way you can see the figures and probably understand it better. Let's get back to the market. What do we have so far? Let's look at most activity of the stock by volume and value. On the volume and value side of things, Zenit Bank is leading the pack. Volume side, Zenit with 55.3 million shares traded.
- 2:21second place link ashore with 12.7 million shares and then third place sterling financial 9.3 uh 6 million shares traded on the value side of things send it with 5.8 a billion naira what of shares through that so far is anything proposition out there distance second with 1.1 1 billion naira what of shares traded and then third place is mtn nigeria 690.7 million naira what of shares traded and that's it ladies and gentlemen uh for those of you who
- 2:51I don't have the time. You can catch the summary of today's market activities by 6 p.m. Nigerian time. If you have the time, you can cross over to YouTube Green Ticker Warrior. I've been doing a live from 1 p.m. to about 1.20, 1.25, and that can give you more context. I thank you for listening. Stay safe.