Daily Market Update | 13-10-2023
Daily Market Update (Equities) The Nigerian Equities market closed the week positively as its benchmark index rose by 0.10% to 67,200.69 points. As a result, its year-to-date (YtD) returns increased to 31.12% (vs. Yesterday’s YtD: 30.99%). The gains recorded in DANGSUGAR, NASCON and ACCESSCORP offset the losses incurred in Transnational Corp, FBNH and SFH. The […]
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 | 10-10-2023
Daily Market Update (Equities) The Nigerian Equities market closed negative as its benchmark index declined by 0.17% to 66,984.62 points. Consequently, its year-to-date (YtD) returns increased to 30.70% (vs. Friday’s: 30.93% YtD). The losses recorded in PRESCO, ECOBANK and GTCO offset the gains incurred in OANDO, Capital Hotel and Fidson Healthcare. The Total Volume and […]
Daily Market Update | 6-10-2023
Daily Market Update (Equities) The Nigerian Equities market closed the week on a negative note as its benchmark index fell by 0.17% to 66,454.57 points. As a result, its year-to-date (YtD) returns dropped to 29.66% (vs. Yesterday: 29.89% YtD). The losses incurred in Dangote Cement PLC, Oando and Nigeria Breweries PLC offset the gains recorded […]
Weekly Commentary and Stock Recommendation: 3rd October – 6th October 2023
Global Economy Earlier this week, according to Eurostat, Eurozone retail sales in the 20 countries sharing the Euro fell 1.2% MoM in August 2023 (vs. -0.1% MoM in July 2023). In August 2023, the calendar adjusted retail sales index decreased by 2.1% YoY in the euro area. The monthly fall was caused mainly by a […]
Daily Market Update | 5-10-2023
Daily Market Update (Equities) The Nigerian Equities market closed positive as its benchmark index rose by 0.13% to 66,570.19 points. As a result, its year-to-date (YtD) returns increased to 29.89% (vs. Yesterday: 29.72% YtD). The gains recorded in DANSUGAR, International Breweries PLC and NASCON offset the losses incurred in Champion Breweries PLC, Flour Mills of […]
Daily Market Update | 4-10-2023
Daily Market Update (Equities) The Nigerian Equities market closed on negative run as its benchmark index lost 0.43% to 66,482.28 points. As a result, its year-to-date (YtD) returns fell to 29.72% (vs. Yesterday: 30.28% YtD). The gains recorded in GTCO, Zenith Bank and Oando were not enough to cover the losses incurred in MTN, Fidelity […]
Daily Market Update | 21-09-2023
Daily Market Update (Equities) The Nigerian Equities Market closed the day negative as its benchmark index fell by 0.09% to settle at 68,217.14 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns dipped to 33.21% (Yesterday: 33.34% YtD). The losses in Oando, LASACO and CHAMS. offset the gains in JOHNHOLT, DAARCOMM and OMATEK The […]
Daily Market Update | 20-09-2023
Daily Market Update (Equities) The Nigerian Equities Market closed the day negative as its benchmark index fell by 0.03% to settle at 68,335.72 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns dipped to 33.34% (Yesterday: 33.38% YtD). The losses in Transcorp, IKEJAHOTEL, and Secure Electronics offset the gains in Sunu Assurance, Berger Paints […]
Daily Market Update | 19-09-2023
Daily Market Update (Equities) The Nigerian Equities Market ended the day on a positive note as its benchmark index rose by 0.71% to settle at 68,359.22 points. Consequently, the Year-to-Date (YtD) returns rose to 33.38%(Yesterday: 32.44% YtD). The gains in Ellah Lakes PLC, Berger Paints, E-Tranzact, Chams, and Oando offset the losses in Secure, SCOA, […]
