Daily Market Update | 01-09-2023
Daily Market Update (Equities) The Nigerian Equities Market benchmark index surged by 1.47% to settle at 67,527.19 points in today’s trading session. Notably, the Year-to-Date (YtD) returns increased predominantly to 31.76% (Yesterday: 29.85% YtD). The gains in DANGCEM, DANGSUGAR, FBNH, ZENITH and GTCO offset the losses recorded in STANBIC, MTNN, HONEYWELL and CHAMPION. The Total […]
Daily Market Update | 31-08-2023
Daily Market Update (Equities) The Nigerian Equities Market saw a rebound from the loss witnessed yesterday in today’s trading session as its benchmark index rose by 0.16% to settle at 66,439.53 points. Consequently, the Year-to-Date (YtD) returns increased to 29.85% (Yesterday: 29.64% YtD). The gains in SEPLAT, STANBIC, GTCO, UBA and NGXGROUP offset the losses […]
Daily Market Update | 30-08-2023
Daily Market Update (Equities) The Nigerian Equities Market ceased its positive trajectory in today’s trading session as its benchmark index declined by 0.51% to settle at 66,439.53 points. Consequently, the Year-to-Date (YtD) returns decreased to 29.64% (Yesterday: 29.73% YtD). The losses in TRANSNATIONAL CORP, ZENITH, GTCO, FIDELITY and STERLING offset the gains recorded in DANGSUGAR, […]
Daily Market Update | 29-08-2023
Daily Market Update (Equities) The Nigerian Equities Market sustained its positive trajectory as its benchmark index increased by 0.51% to settle at 66,490.34 points in today’s trading session. Notably, the Year-to-Date (YtD) returns surged to 29.73% (Yesterday: 29.07% YtD). The gains in DANGSUGAR, TRANSCORP HOTEL, TRANSNATIONAL CORP, ZENITH and ACCESSCORP offset the losses recorded in […]
Daily Market Update | 28-08-2023
Daily Market Update (Equities) The Nigerian Equities Market started the week on a positive note as its benchmark index rose by 0.90% to settle at 66,151.38 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns surged to 29.07% (Last Friday: 27.92% YtD). Gains in BUAFOODS, DANGSUGAR, TRANSCORP, NASCON and FIDELITY offset the losses recorded […]
Daily Market Update | 25-08-2023
Daily Market Update (Equities) The Nigerian Equities Market ended the week on a positive note as its benchmark index rose by 0.24% to 65,558.91 points. Consequently, its Year-to-Date return printed at 27.92% (Yesterday: 27.61%). The strong market performance was primarily driven by gains in DANGSUGAR, TRANSCORP, NASCON, INTBREW, and FCMB offsetting the losses in FBNH, […]
Daily Market Update | 24-08-2023
Daily Market Update (Equities) The Nigerian Equities Market halted its positive run for the week and recorded negative returns in today’s trading session. The benchmark index lost 0.14% to settle at 65,401.82 points while the Year-to-Date (YtD) returns fell to 27.61% (Yesterday: 27.79% YtD). Losses in FBNH, ACCESSCORP and ZENITHBANK offset the gains recorded in […]
Daily Market Update | 23-08-2023
Daily Market Update (Equities) The Nigerian Equities Market extended its positive run for the third day this week, however at a much slower pace. The market’s benchmark index increased marginally by 0.01% to 65,492.92 points. Also, the Year-to-Date (YtD) returns settled at 27.79% from yesterday’s 27.78% YtD. Losses in GTCO, ZENITHBANK, FBNH and NB dragged […]
Daily Market Update | 22-08-2023
Today, the Nigerian Equities Market observed gains as its benchmark index increased by 0.44% to 65,488.67 points. Hence, its Year-to-Date returns settled at 27.78% from 27.22% Yesterday. We believe the positive performance in the market today was primarily driven by gains in BUAFOODS, DANGSUGAR, TRANSCORP, NASCON and GUINNESS, offsetting the losses recorded in NB, FBNH, […]
Daily Market Update | 21-08-2023
Daily Market Update (Equities) Today, the Nigerian Equities Market started the week with gains as its benchmark index increased by 0.71% to 65,202.41 points. Hence, its Year-to-Date returns settled at 27.22% from 26.33% last week Friday. We believe the positive performance inn the market today was primarily driven by gains in BUAFOODS, STANBIC, DANGSUGAR, TRANSCORP […]
