Daily Market Update|10-10-2024

Daily Market Update (Equities) The Nigerian stock market continued its downward trend, declining for the third (3rd) consecutive trading day, albeit at a slower pace by 0.01%. Market capitalization decreased by NGN5.72bn, bringing the year-to-date return to 30.36%, down from 30.38% YtD yesterday. The bearish sentiment was driven by UBA, FIDELITYBK, NB, and STERLING, which […]

Daily Market Update|09-10-2024

Daily Market Update (Equities) The Nigerian stock market continued its downward trend today, losing another 0.10%. This marks the second consecutive trading day of losses, bringing the market’s year-to-date (YtD) return down to 30.38% (from 30.51% YtD yesterday). Market capitalization took a hit, shrinking by NGN56.12bn. This negative sentiment was on the back of losses […]

Daily Market Update | 1-08-2024

Daily Market Update (Equities) For the fourth (4th) day this week, the Nigerian equities market closed on a negative note, with the NGX All Share Index declining by 0.42% to close at 97,359.76 points. This decrease brought the market’s year-to-date (YTD) return down to 30.21%, a slight drop from yesterday’s 30.76% YTD. The negative performance […]

Daily Market Update | 31-07-2024

Daily Market Update (Equities) Today, the Nigerian equities market concluded the day on a negative note, with the NGX All Share Index declining by 0.06% to close at 97,774.22 points. This decrease brought the market’s year-to-date (YTD) return down to 30.76%, a slight drop from yesterday’s 31.24% YTD. The negative performance was primarily driven by […]

Daily Market Update | 29-07-2024

Daily Market Update (Equities) The Nigerian equities market continue it bearish run this week as the NGX All Share Index declined by 0.07%, closing at 98,132.15 points. This pushed the market’s year-to-date (YTD) return down to 31.23%, compared to 31.33% YTD on Friday. Gains in ZENITH, JULIUS BERGER, and ECOBANK were the main drivers of […]

Daily Market Update | 26-07-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed the week negative as the NGX All Share Index fell by 1.95%, its fourth consecutive daily decline, closing at 98,201.49 points. This pushed the market’s year-to-date (YTD) return down to 31.33%, compared to 33.95% YTD yesterday. Losses in DANGCEM, GTB, and ACCESS were the main […]

Daily Market Update | 25-07-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed negative as the NGX All Share Index fell by 0.21%, closing at 100,156.96 points. This pushed the market’s year-to-date (YTD) return down to 33.95%, compared to 34.23% YTD yesterday. Losses in ZENITH, FBNH, and UBA were the main drivers of the negative performance, outweighing gains […]

Daily Market Update | 24-07-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed negative as the NGX All Share Index fell by 0.12%, closing at 100,365.17 points. This pushed the market’s year-to-date (YTD) return down to 34.23%, compared to 34.39% YTD yesterday. Losses in UBA, DANGSUGAR, and FBNH were the main drivers of the negative performance, outweighing gains […]

Daily Market Update | 23-07-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed negative as the NGX All Share Index fell by 0.08%, closing at 100,486.12 points. This pushed the market’s year-to-date (YTD) return down to 34.39%, compared to 34.50% YTD yesterday. Losses in ZENITH, UBA, and FBNH were the main drivers of the negative performance, outweighing gains […]

Daily Market Update | 22-07-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed positive as the NGX All Share Index surged by 0.03%, closing at 100,568.60 points. This pushed the market’s year-to-date (YTD) return up to 34.50%, compared to 34.46% YTD on Friday. Gains in ZENITH, JULIUS BERGER, and ECOBANK were the main drivers of the positive performance, […]