Daily Market Update | 02-11-2023

Daily Market Update (Equities) The Nigerian Equities market lost 0.76% as its benchmark index settled at 70,042.28 points. Consequently, the year-to-date returns printed at 36.67% (vs. Yesterday: 37.72% YtD). The gains in LAFARGE, FIBELITY and NEM were not able to counter the losses incurred on NTNN, BUACEM and FBNH. Today, JAPAULGOLD traded the highest in […]

Daily Market Update | 01-11-2023

Daily Market Update (Equities) The market started the month on the back of positive returns as its benchmark index went up by 1.94% to an all-time high of 70,581.76 points. Consequently, the year-to-date returns printed at 37.72% (vs. Yesterday: 35.09% YtD). Today, enormous gains in AIRTELAFRI, FBNH and ZENITHBANK helped to mitigate against losses incurred […]

Daily Market Update | 31-10-2023

Daily Market Update (Equities) The Nigerian Equities Market continued its positive trajectory this week as its benchmark index gained 1.65% to close at 69,236.19 points. This brought its year-to-date (YtD) returns to 35.09%, up from yesterday’s 32.90%. The positive returns in the market today was spurred by gains in AIRTERLAFRI, FBNH and BUACEM which offset […]

Daily Market Update 24-10-2023

Today, the Nigerian equities market closed on a positive note as the bench mark index increased 0.51% to close at 67,217.77 points. Consequently, its  Year-to-Date return printed at 31.15% (Yesterday: 30.49%). The strong performance was primarily driven by buying interest  in Flour Mills, Chams, and Geregu offsetting the losses in ABC Tran, FTN Cocoa, and […]

Daily Market Update | 20-10-2023

Daily Market Update (Equities) The Nigerian Equities market closed the week with a performance decline as its benchmark index fell by 0.27% to 66,915.41 points. As a result, its year-to-date (YtD) returns decreased to 30.56% (vs. Yesterday’s YtD: 30.92%). The losses recorded in GEREGU, DANGSUGAR and FLOUR MILLS offset the gains incurred in UBA, ACCESSCORP […]

Daily Market Update | 19-10-2023

Daily Market Update (Equities) Today, the Nigerian Equities market performance declined as its benchmark index fell by 0.38% to 67,098.80 points. Notably, its year-to-date (YtD) returns rose to 30.92% (vs. Yesterday’s YtD: 31.42%). The losses recorded in STANBIC IBTC, ACCESSCORP and MTNN offset the gains incurred in GTCO, FIDSON and SUNU ASSURANCE. The Total Volume […]

Daily Market Update | 18-10-2023

Daily Market Update (Equities) Today, the Nigerian Equities market performance improved as its benchmark index rose by 0.04% to 67,353.23 points. Notably, its year-to-date (YtD) returns rose to 31.42% (vs. Yesterday’s YtD: 31.37%). The gains recorded in ZENITH BANK, UBA and GTCO offset the losses incurred in ACCESSCORP, LAFARGE and UNITED CAPITAL. The Total Volume […]

Daily Market Update | 17-10-2023

Daily Market Update (Equities) Today, the Nigerian Equities market performance improved as its benchmark index rose by 0.43% to 67,326.12 points. Notably, its year-to-date (YtD) returns rose to 31.37% (vs. Yesterday’s YtD: 30.80%). The gains recorded in STANBIC IBTC, DANGSUGAR and ACCESSCORP offset the losses incurred in NB, E-TRANZACT and TRANSCORP. The Total Volume and […]

Daily Market Update | 11-10-2023

Daily Market Update (Equities) The Nigerian Equities market bounced back from its loss yesterday to close positive as its benchmark index increased by 0.17% to 67,100.49 points. Consequently, its year-to-date (YtD) returns increased to 30.93% (vs. Yesterday’s YtD: 30.70%). The gains recorded in BUACEMENT, Transnational Corp and UBN offset the losses incurred in GTCO, OANDO […]

Daily Market Update | 09-10-2023

Daily Market Update (Equities) The Nigerian Equities market closed positive as its benchmark index surged by 0.97% to 67,101.33 points. Consequently, its year-to-date (YtD) returns increased to 30.93% (vs. Friday’s: 29.66% YtD). The gains recorded in BUACEMENT, NB and DANGSUGAR offset the losses incurred in International Breweries, GTCO and E-Tranzact International. The Total Volume and […]