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 | 20-08-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed positive with the NGX All-Share Index (ASI) surging by 0.25% to settle at 99,895.92points. Consequently, the market’s year-to-date (YtD) returns increased to 28.25% compared to 28.09% Yesterday. Today, market activity made a positive performance, as total volume increased by 71.41% to 1.13bn units and value […]
Daily Market Update | 14-08-2024

Daily Market Update (Equities) Following a further negative run in the Nigerian equities market, the NGX All-Share Index (ASI) fell by 0.14% to settle at 97,248.82 points. Consequently, the market’s year-to-date (YtD) returns decreased to 30.60% compared to 30.25% yesterday. This bearish run was driven by losses in OANDO (-9.95% to NGN36.20), SEPLAT (-1.26% to […]
Daily Market Update | 12-08-2024

Daily Market Update (Equities) The Nigerian equities market began the week on a negative foot, as the NGX All Share Index (NGX ASI) lost 0.73% to 97,881.75 points. This is following losses incurred in BUACEMENT (-11.33% to NGN114.30), TRANSCORP (-1.42% to NGN96.90) and ZENITHBANK (-0.77% to NGN38.55), which offset gains in OANDO (+9.98% to NGN44.65), […]
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 Equities Market Update

Today, the Nigerian Equities market closed on a positive note, as the All-Share Index (ASI) increased by 0.10% to 100,075.59 points. Consequently, the market year-to-date (YtD) return rose to 33.84% from yesterday’s 33.30% YtD. This increase was driven by gains in ZENITH, UBA, and FBNH. offsetting losses in STANBICIBTC, TRANSCORP, and DANGSUGAR. Today, total volume […]
Daily Market Update

Today, the Nigerian Equities market closed on a positive note, as the All-Share Index (ASI) increased by 0.30% to 99,966.28 points. Consequently, the market year-to-date (YtD) returns rose to 33.69% from last Friday’s 33.30% YtD. This increase was driven by gains in CUTIX, IKEJAHOTEL and ROYALEX offsetting losses in CHELLARAM, CONRERST and LINKASSURE Today, total […]
Daily Market Update | 12-07-2024

Daily Market Update (Equities) Today, the Nigerian equities market halted it negative trend as the NGX All Share Index surged by 0.20%, closing at 99,671.28 points. This pushed the market’s year-to-date (YTD) return up to 33.30%, compared to 33.03% YTD yesterday. Gains in SEPLAT, PRESCO, and GTCO were the main drivers of the positive performance, […]