Daily Market Update | 29-09-2023
Daily Market Update (Equities) The Nigerian Equities market closed negative as its benchmark index fell by 0.10% to 66,382.14 points (Year-to-Date returns: 29.52%). Gains in BUAFOODS, DANGCEM and DANGSUGAR were offset by loss incurred in BUACEMENT, OANDO and MTNN. The total Volume traded was 292.94mn units while Total Value traded was NGN4.53bn. Today, FIDELITYBANK traded […]
Daily Market Update | 28-09-2023
Daily Market Update (Equities) The Nigerian Equities market continued its negative run as its benchmark index lost 0.31% to 66,448.63 points. As a result, its year-to-date (YtD) returns fell to 29.65% (vs. Tuesday: 30.05% YtD). The gains recorded in ZENITHBANK, FIDELITYBANK and BETAGLAS were not enough to cover the losses incurred in DANGSUGAR, UBA and […]
Daily Market Update | 26-09-2023
Daily Market Update (Equities) The Nigerian Equities market stayed in the red zone in today’s trading session, as its benchmark index shed 0.34% to 66,652.17 points. Consequently its year-to-date (YtD) return dipped to 30.05% from yesterday’s 30.50% YtD. Losses in BUA Cement, GTCo and ZENITHBANK offset the gains recorded in NB, LAFARGE and UNICAP. Total […]
Daily Market Update | 25-09-2023
Daily Market Update (Equities) The Nigerian Equities market began the week on a negative note as its benchmark index declined by 0.66% to settle at 66,882.64 points. Notably, the gains recorded in LAFARGE AFRICA PLC, FLOUR MILLS of NIGERIA PLC and CORNERSTONE INSURANCE PLC were not enough to counter the losses incurred in MTNN, ACCESSCORP […]
Daily Market Update | 14-09-2023
Daily Market Update (Equities) The Nigerian Equities Market closed the day negative as its benchmark index fell by 0.06% to settle at 67,335.3 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns rose to 31.41% (Yesterday: 31.47% YtD). The losses in GTCO, ZENITH, NESTLE, TRANSCORP, and FBNH offset the gains in UBA, STANBIC, LAFARGE, […]
Daily Market Update | 13-09-2023
Daily Market Update (Equities) The Nigerian Equities Market closed the day positive as its benchmark index rose by 0.93% to settle at 67,378.88 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns rose to 31.47% (Yesterday: 30.26% YtD). The gains in DANGSUGAR, GTCO, ACCESSCORP, UBA, and TRANSCORP offset the losses in STANBIC, LAFARGE, NPFMCRFB, […]
Daily Market Update | 28-08-2023
Daily Market Update (Equities) The Nigerian Equities Market started the week on a positive note as its benchmark index rose by 0.90% to settle at 66,151.38 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns surged to 29.07% (Last Friday: 27.92% YtD). Gains in BUAFOODS, DANGSUGAR, TRANSCORP, NASCON and FIDELITY offset the losses recorded […]
Daily Market Update | 15-08-2023
Today, the Nigerian equities market closed on a negative note as the bench mark index declined 0.43% to close at 64,928.98 points. Consequently, its Year-to-Date return printed at 26.69% (Yesterday: 27.24%). The weak performance was primarily driven by selloffs in Dangote Sugar Refinery PLC, FBNH Holdings PLC, Access Holdings PLC and United Bank for Africa […]
Daily Market Update | 2-08-2023
Daily Market Update (Equities) The Nigerian Equities Market experienced a positive run for the first time this week as its benchmark index rose by 0.12% to 64,267.36 points. Consequently, its Year-to-Date return printed at 25.40% (Yesterday: 25.25%). The market movers for today include Dangote sugar, Lafarge, Nigeria Breweries, NASCON and FBN Holdings. Today, FBNH traded […]
Daily Market Update | 1-08-2023
Daily Market Update (Equities) The Nigerian Equities market continued its negative run this week as its benchmark index fell by 0.23% to 64,192.20 points. Consequently, its Year-to-Date return printed at 25.25% (Yesterday: 25.53%). The market movers for today include Dangote sugar, MTN Nigeria, Nigeria Breweries, Ecobank and AXA Mansard. Today, AIICO traded the highest in […]