Daily Market Update
Daily Market Update 10th February 2025 Stock Market Today, the Nigerian stock market lost 0.04%, following losses in ZENITHBANK, UBA, and FIDELITY despite gains in STANBIC, PRESCO, and TRANSCORP. This pushed down the market’s year-to-date (YTD) returns to 2.88%. Sectoral performance today was largely positive, with only the banking sector (-1.02%) recording a loss. Specifically, […]
Investing Smart in Lagos: A Young Person’s Guide to Growing Wealth
Investing in Lagos is one of the smartest financial decisions young people can make. As Nigeria’s commercial capital and one of the fastest-growing cities in Africa, Lagos offers numerous opportunities for wealth creation. With its vibrant economy, high population, and thriving financial markets, it’s the perfect place to start building your financial future. But where […]
Daily Market Update|10-10-2024
Daily Market Update (Equities) The Nigerian stock market continued its downward trend, declining for the third (3rd) consecutive trading day, albeit at a slower pace by 0.01%. Market capitalization decreased by NGN5.72bn, bringing the year-to-date return to 30.36%, down from 30.38% YtD yesterday. The bearish sentiment was driven by UBA, FIDELITYBK, NB, and STERLING, which […]
Daily Market Update|09-10-2024
Daily Market Update (Equities) The Nigerian stock market continued its downward trend today, losing another 0.10%. This marks the second consecutive trading day of losses, bringing the market’s year-to-date (YtD) return down to 30.38% (from 30.51% YtD yesterday). Market capitalization took a hit, shrinking by NGN56.12bn. This negative sentiment was on the back of losses […]
Daily Market Update|08-10-2024
Daily Market Update (Equities) Today, the Nigerian stock market closed on a positive note as it gained 0.19% while its year-to-date return settled at 30.67%. The Market performance was driven by gains in FIDELITYBK, UBA, and DANGSUGAR, offsetting losses in ACCESSCORP, WAPCO, and TRANSCORP. On a sectoral basis, the Banking (+0.81%), Consumer Goods (+0.40%), and […]
Daily Market Update|01-10-2024
Today, the Nigerian stock market closed on a positive note as it gained 0.10% while its year-to-date return settled at 31.81%. The market performance was driven by gains in OANDO, UBA and ACCESSCORP, which offset losses in BUACEMENT, FBNH and FIDELITYBANK.
Daily Market Update|11-09-2024
Daily Market Update (Equities) Today, the Nigerian equities made a negative momentum with the NGX All-Share Index (ASI) declining by 0.09% to settle at 96,715.04 points. Consequently, the market’s year-to-date (YtD) returns increased to 29.34% compared to 29.46% Yesterday. Today, the total volume increased by 47.72% to 600.04mn units, while the total value traded decreased […]
Daily Market Update|09-09-2024
Daily Market Update (Equities) Today, the Nigerian equities made a negative momentum with the NGX All-Share Index (ASI) declining by 0.24% to settle at 96,204.84 points. Consequently, the market’s year-to-date (YtD) returns declined to 28.66% compared to 28.97% Friday. Today, the total volume and value traded increased by 97.29% to 774.38mn units and 21.82% to […]
Daily Market Update|04-09-2024
Daily Market Update (Equities) Today, the Nigerian equities market halted it positive momentum with the NGX All-Share Index (ASI) dipping by 0.35% to settle at 96,537.48points. Consequently, the market’s year-to-date (YtD) returns declined to 29.11% compared to 29.56% Yesterday. Today, the total volume and value traded decreased by 17.71% to 389.23mn units and 21.43% to […]
Daily Market Update|03-09-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed positive with the NGX All-Share Index (ASI) surging by 0.08% to settle at 96,873.74points. Consequently, the market’s year-to-date (YtD) returns increased to 29.56% compared to 28.45% Yesterday. Today, the total volume and value traded decreased by 5.04% to 473.00mn units and 5.67% to 10.42bn. OANDO […]
