Daily Market Update | 20-07-2023
Daily Market Update (Equities) The Nigerian Equities market rebounded from its loss yesterday, as its benchmark index gained 0.27% to close at 63,930.72 points. Consequently, its Year-to-Date returns increased to 24.74% from yesterday’s 24.40%. Geregu Power PLC and United Bank for Africa PLC recovered from their loss yesterday and emerged as the major market movers […]
Daily Market Update | 19-07-2023
Daily Market Update (Equities) For the first time this week, Nigerian Equities market closed on a negative note, as its benchmark index declined marginally by 0.01% to settle at 63,757.23 points. As a result, the Year-to-Date returns on the benchmark index declined to 24.40% (Yesterday: 24.42%). The major market movers for today include MTN Nigeria […]
Daily Market Update
Daily Market Update (Equities) Today, the Nigerian Equities market sustained its positive start to the week, as its benchmark index gained 1.31%. The major contributors to this positive performance were Dangote Cement, Transcorp Hotels PLC, FBN Holdings PLC, Guaranty Trust Holding Co PLC, Ecobank Transnational Inc amongst others. Consequently, the Year-to-Date return on the benchmark […]
Daily Market Update
Daily Market Update (Equities) In today’s daily market update, the Nigerian Equities market recovered from its negative close last week, as its benchmark index gained 0.60%. The primary drivers of the market’s positive performance were investors’ interest in FBN Holdings PLC, Access Holdings PLC, Geregu Power PLC, Zenith Bank PLC and United Bank for Africa […]