Daily Market Update | 26-03-2024

Daily Market Update (Equities) Extending its negative run, the Nigerian Equities market lost 0.18% in today’s trading session, following the inability of gains in ZENITHBANK, GTCO, UBA and JAIZBANK to offset losses incurred in MTNN, FBNH, ACCESSCORP and UNICAP. Consequently, the market’s year-to-date (YtD) returns fell to 39.02% from yesterday’s close of 39.27% YtD. Today, […]

Daily Market Update | 25-03-2024

Daily Market Update (Equities) The Nigerian equities market started the week on a negative note, as the NGX All Share Index (ASI) declined by 0.49% to 104,136.35 points. As a result, the market’s year-to-date (YtD) returns fell to 39.27% compared to 39.95% YtD recorded on Friday. Losses in Dangote Sugar, Transnational Corp and Ecobank offset […]

Daily Market Update | 22-03-2024

Daily Market Update (Equities) The Nigerian equities market continued its positive run today, with the NGX All Share Index (ASI) climbing 0.25% to settle at 104,647.37 points. This upward movement pushed the year-to-date (YtD) return further to 39.95%, compared to yesterday’s 39.60%. Gains recorded in heavyweight stocks like GTCO, FBNH, and TRANSCORP outweighed losses in […]

Daily Market Update | 21-03-2024

Daily Market Update (Equities) The Nigerian equities market snapped from a three-day losing streak, with the NGX All Share Index (ASI) rising by 0.13% to close at 104,387.47 points. As a result, the market’s year-to-date (YtD) return went up to 39.60%, compared to yesterday’s 39.43%. Gains recorded in heavyweight stocks like BUACEM, TRANSCORP, and ZENITH […]

Daily Market Update | 20-03-2024

Daily Market Update (Equities) The Nigerian equities market extended its losing streak for a third consecutive day. The NGX All Share Index (ASI) dipped by 0.28% to close at 104,256.81 points. This decline pushed the year-to-date (YtD) return down to 39.43%, compared to yesterday’s 39.83%. Selling pressure dominated the market, with losses recorded in heavyweight […]

Daily Market Update | 19-03-2024

Daily Market Update (Equities) The Nigerian equities market extended its downtrend today, with the NGX All Share Index (ASI) falling by 0.11% to close at 104,553.31 points. This decline pushed the year-to-date (YtD) return down to 39.83%, compared to yesterday’s 39.97%. Losses in heavyweight stocks like MTNN, ZENITH, and GTCO outweighed gains in FBNH, LAFARGE, […]

Daily Market Update | 18-03-2024

Daily Market Update (Equities) The Nigerian equities market opened the week on a negative note, as the NGX All Share Index (ASI) declined by 0.40% to 104,663.34 points. As a result, the market’s year-to-date (YtD) returns fell to 39.97% compared to 33.19% YtD recorded on Friday. Losses in MTNN, GTCO and DANGSUGAR offset the gains […]

Daily Market Update 14-03-2024

Daily Market Update (Equities) The Nigerian equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.05% to settle at 104,056.21 points. As a result, the year-to-date (YtD) return went up to 39.16% compared to last Friday’s 3.10% YtD . The total Volume traded declined by 30.08% […]

Daily Market Update 11-03-2024

Daily Market Update (Equities) The Nigerian equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.70% to settle at 102,044.84 points. As a result, the year-to-date (YtD) return went up to 36.47% compared to last Friday’s 35.52% YtD . The positive market sentiment was driven by […]

Daily Market Update | 7-03-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed positive, as the NGX All Share Index (ASI) increased by 0.75% to 100.335.30 points. Consequently, the market’s year-to-date (YtD) returns printed at 34.19% (vs. Yesterday: 33.19% YtD). Gains in FBNH, Transnational Corp and Fidelity Bank offset the losses in Dangote Sugar, Zenith Bank and Ecobank. […]