Daily Market Update | 23-02-2024
Daily Market Update (Equities) Today, the Nigerian equities market bounced back from its previous day loss, climbing 0.84% to 102,088.10 points. Consequently, the market’s year-to-date (YtD) returns printed at 36.53% (vs. Yesterday: 35.39% YtD). Gains in BUAFOODS, FBNH, and Transnational Corp outweighed losses in ZENITH, GTCO, and NB, contributing to the positive performance. Market sentiment […]
Daily Market Update | 22-02-2024
Daily Market Update (Equities) Today, the Nigerian equities market reverted to negative territory, declining by 0.12% to 101,239.10 points. This pushed market’s year-to-date (YtD) returns down to 35.39% (vs. Yesterday: 35.56% YtD). Losses in Stanbic IBTC, ACCESSCCORP, and Transnational Corp outweighed gains in GTCO, FBNH, and FIDELITYBANK, contributing to the negative performance. Market sentiment was […]
Daily Market Update | 21-02-2024
Daily Market Update (Equities) The Nigerian equities market rebounded from its two consecutive losses this week, as it posted a 0.30% gain in today’s trading session to 101,362.38 points. This brough the market’s year-to-date (YtD) returns up to 35.56% (vs. Yesterday: 35.16% YtD). Gains in te market were spurred by the impressive performance of BUACEM, […]
Daily Market Update | 20-02-2024
Daily Market Update (Equities) The Nigerian equities market extended its loss for the second consecutive trading session this week, as the market’s benchmark index dropped 1.30% to settle at 101,060.67 points. The market was dragged down down by significant losses in tickers including BUACEM, FBNH, TRANSCORP, DANGSUGAR and UBA, which suppressed gains recorded in GEREGU, […]
Daily Market Update | 19-02-2024
Daily Market Update (Equities) The Nigerian equities market started the week on a negative note, as the NGX All Share Index (ASI) closed down by 3.15% to settle at 102,393.23 points. As a result, the year-to-date (YtD) returns printed at 36.94% compared to Friday’s 41.39% YtD returns. The negative market sentiment witnessed was propelled by […]
Daily Market Update | 16-02-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed positive for the 3rd consecutive trading day, as the NGX All Share Index (ASI) increased by 1.56% to settle at 105,722.78 points. Consequently, the year-to-date (YtD) returns surged to 41.39% (vs 39.22% YtD yesterday). This positive sentiment in the market was driven by gains in […]
Daily Market Update | 15-02-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed on positive note, as the NGX All Share Index (ASI) went up by 0.58% to settle at 104,100.00 points. Consequently, the year-to-date (YtD) returns rose to 39.22% (vs 38.42% YtD yesterday). Gains in BUA Cement, Geregu Power, and Fidelity offset losses in FBNH, DANDSUGAR, and […]
Daily Market Update | 14-02-2024
Daily Market Update (Equities) The Nigerian equities market made a positive comeback today, with the NGX All Share Index (ASI) increasing by 1.76% to settle at 103,498.28 points. Consequently, the year-to-date (YtD) returns rose to 38.42% (vs 36.02% YtD yesterday). Gains in AIRTELAFRI, BUAFOODS, and SEPLAT drove the market’s positive sentiment, while losses in BUACEMENT, […]
Daily Market Update | 13-02-2024
Daily Market Update (Equities) The Nigerian equities market closed lower today, with the NGX All Share Index (ASI) dipping by 0.33% to settle at 101,707.70 points. This decline pushed the year-to-date (YtD) returns down to 36.02%, compared to yesterday’s 36.47%. The market’s negative performance was primarily driven by losses in key banking stocks ZENITHBANK, UBA, […]
Daily Market Update | 12-02-2024
Daily Market Update (Equities) The Nigerian Equities market started the week positive with the NGX All Share Index (ASI) rising by 0.18% to 102,042.30 points. Consequently, the market’s year-to-date (YtD) returns climbed to 36.47% compared to 36.22% last Friday. Today, the Total Volume and Value traded declined by 24.68% and 30.31% each to 242.43mn units […]
