How to Move from Saving Money to Owning Assets
Most people start their financial journey as “savers” carefully setting money aside and hoping it will be enough someday. But true wealth isn’t built by saving alone, it’s built by Owning shares in companies, Owning assets that grow, and Owning a strategy that puts your money to work for you. If you’re ready to move beyond saving and start […]
Daily Market Update|22-08-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed negative with the NGX All-Share Index (ASI) declining by 0.12% to settle at 95,718.05points. Consequently, the market’s year-to-date (YtD) returns decreased to 28.01% compared to 28.16% Yesterday. Today, the total volume traded increased by 9.17% to 393.62mn units and value traded decreased by 19.28% to […]
Daily Market Update | 21-08-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed negative with the NGX All-Share Index (ASI) declining by 0.07% to settle at 99,831.51points. Consequently, the market’s year-to-date (YtD) returns decreased to 28.16% compared to 28.25% Yesterday. Today, market activity made a negative performance, as total volume decreased by 64.44% to 360.56mn units and value […]
Daily Market Update | 13-08-2024
Daily Market Update (Equities) Today, the Nigerian equities market extended its downward trend for the consecutive trading day this week, as the NGX All Share Index (NGX ASI) declined by 0.50% to 97,390.01 points. As a result, the market’s year-to-date (YtD) returns dipped further to 30.25% compared yesterday’s 30.90% YtD returns. The negative sentiment witnessed […]
Weekly Commentary and Stock Recommendation: 15th July – 19th July 2024
Global Economy According to the Office of National Statistics, the UK’s Consumer Prices Index (CPI) rose by 2.0% YoY in June 2024, unchanged from May 2024. On a MoM basis, CPI rose by 0.1% in June 2024, the same rate as in June 2023. Core CPI (excluding energy, food, alcohol and tobacco) rose by 3.5% […]
Daily Market Update
Today, the Nigerian Equities market closed on a positive note, as the All-Share Index (ASI) increased by 0.47% to 100,503.21 points. Consequently, the market year-to-date (YtD) return rose to 34.41% from yesterday’s 33.94% YtD. This increase was driven by gains in AIRTELAFRI, UCAP, and OANDO, offsetting losses in ZENITH, FBNH, and UBA. Today, total volume […]
Daily Market Update | 10-07-2024
Daily Market Update (Equities) Today, the Nigerian equities market continued its downward trend, albeit at a slow pace as the NGX All Share Index fell by 0.004% to close at 99,802.08 points. Consequently, the Market year-to-date (YtD) return declined to 33.47%, compared to yesterday’s 33.48% YtD. This performance was driven by losses in ZENITH, GTCO […]
Daily Market Update | 09-07-2024
Daily Market Update (Equities) Today, the Nigerian equities market extended its negative trend as the NGX All Share Index fell by 0.02% to close at 99,805.95 points. As a result, the year-to-date (YtD) market return decreased to 33.48%, compared to 33.75% on Monday. However, trading activity saw a significant increase. The total volume traded decreased […]
Daily Market Update | 08-07-2024
Daily Market Update (Equities) Today, the Nigerian equities market extended its negative trend as the NGX All Share Index fell by 0.02% to close at 100,006.79 points. As a result, the year-to-date (YtD) market return decreased to 33.75%, compared to 33.77% on Friday. This negative performance was driven by losses in TRANSCORP, PZ and FBNH […]
Daily Market Update | 03-07-2024
Daily Market Update (Equities) Today, the Nigerian Equities market closed on a positive note, with the NGX All Share Index (ASI) gaining 0.23% to settle at 100,299.48 points. This upward movement contributed to an increase in the market’s year-to-date (YtD) returns, which now stand at 34.14%, up from 33.83% recorded on Tuesday. Trading activities witnessed […]
