Daily Market Update

Daily Market Update | 03-08-2023

August 3, 2023
Read Time: 1 minute(s)

Daily Market Update (Equities)

The Nigerian Equities Market continued a positive run for the second time this week as its benchmark index rose by 1.55% to 65,263.06 points. Consequently, its Year-to-Date return printed at 27.34% (Yesterday: 25.40%). The market movers for today include MTNN, Dangote Sugar, Nigeria Breweries, Access Holdings and UBA.

Today, FCMB traded the highest in terms of Volume and ACCESSCORP traded the highest in terms of Value. Total Volume and Value traded for today settle at NGN33.33mn and NGN0.57bn respectively.

The top gainers for today were NB, DANGSUGAR and NASCON while ETERNA, JOHNHOLT and COURTVILLE topped the losers’ chart.

Daily Market Update (Fixed Income)

Today, average yield in the Nigerian Treasury bills secondary market closed at 7.07% for the consecutive time. However, the FGN bond market closed negatively as the average yield in the market rose by 0.04% to 13.27%.

Related News

Education, Investment 101, Knowledge Series

8 Financial Habits That Separates the Rich from the Broke

December 17, 2024
Read Time: 4 minute(s)

Education, Food for thought, Investment 101, Knowledge Series, Life Bits, Stocktrade

Christmas Budgeting Tips for a Stress-Free Holiday Season

December 15, 2024
Read Time: 3 minute(s)

Education, Food for thought, Knowledge Series, Life Bits

Tips for Decluttering Your Home Before Christmas

December 13, 2024
Read Time: 3 minute(s)

Subscribe

Get a prompt weekly email from our professional team on market insights, investing strategy and valuable tips for your finances!

Daily Market Update | 03-08-2023

Realizing your ambitions has never been easier! With the ARM , you can stay Invested in your Tomorrow and start building a brighter financial future today.

Copyright ©, Asset & Resource Management Holding Company (ARM) Limited. All Rights Reserved. Information on this website is provided “as is” without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. ARM does not accept cash and will never ask you to make payments to a personal bank account on its behalf, nor ask you for personal account details, card details or passwords to your account. The acceptable means of payment are cheques, bank transfers, USSD & online transfers. If you suspect any unusual activity on your account or in your dealings with ARM, we advise that you kindly call 01-448 8830 or click here to file a report

USEFUL LINKS

GET IN TOUCH!