Daily Market Update | 26-01-2024
Daily Market Update (Equities) Today, the Nigerian Equities market closed positive as the benchmark index increased by 0.25% to 102,401.88 points. Consequently, the market’s year-to-date returns (YTD) increased to 36.95%. Market movers today were FBNH, DANGSUGAR, PZ and FCMB while the draggers were TRANSCORP, NB, JAIZBANK and INTERNATIONAL BREWERIES. Total Volume increased to 519.39mn units […]
Daily Market Update | 25-01-2024
Daily Market Update (Equities) The Nigerian Equities market started the week on a positive note, as the benchmark index went up by 0.57% to settle at 102,149.93 points. This trend was boosted by gains in SEPLAT, GEREGU, ECOBANK, GTCO and DANGSUGAR offsetting losses incurred in LAFARGE, TRANSCORP, FBNH and PZ. Consequently, the market’s year-to-date returns […]
Daily Market Update | 23-01-2024
Daily Market Update (Equities) The Nigerian Equities market started the week on a positive note, as the benchmark index went up by 2.97% to settle at 98,616.97 points. This trend was boosted by gains in DANGCEM, BUA CEMENT, BUA FOODS, SEPLAT and MTNN offsetting losses incurred in TRANSCORP, ZENITH, DANGSUGAR and GTCO. Consequently, the market’s […]
Daily Market Update | 22-01-2024
Daily Market Update (Equities) The Nigerian Equities market started the week on a positive note, as the benchmark index went up by 1.30% to settle at 91,768.12 points. This trend was boosted by gains in DANGCEM, Unilever Nigeria PLC, FCMB, Eterna and E-Tranzact offsetting losses incurred in Nestle, ZENITH, Access and Flour mills. Consequently, the […]
Daily Market Update | 21-12-2023
Daily Market Update (Equities) The Nigerian Equities market closed the day on a positive note as the NGX All Share Index (ASI) increased by 1.21% to 74,297.71 points. Consequently, the market’s year-to-date (YtD) returns settled at 44.95% from 43.21% yesterday. Total Volume and Value traded increased by 37.19% and 1.54% each to 760.93mn units and […]
Weekly Commentary and Stock Recommendation: 18th September – 22nd September 2023
Global Economy The Bank of England left interest rates unchanged on Thursday for the first time in nearly (2) two years during a long-running battle against persistently high inflation. Consequently, policymakers at the central bank kept interest rates constant at 5.25%, the highest since early 2008, pausing after 14 consecutive rate increases. However, it was […]
