Daily Market Update | 01-07-2024

Daily Market Update (Equities) The Nigerian Equities market started the week on a negative note, as the NGX All Share Index declined by -0.04% to settle at 100,020.83 points. This pushed the market’s year-to-date (YtD) returns up to 33.76% (vs. Friday: 33.81% YtD). Today, total Volume and Value traded each decreased by 46.11% and 62.44% […]

DAILY MARKET UPDATE 29-04-2024

Daily Market Update (Equities) The Nigerian equities market noted a decline today as the All-Share Index (ASI) fell by  0.30% to close at 97,879.94 points. Consequently, the year-to-date (YTD) return to declined to  30.90%, from 31.30% last Friday. Gains in FBNH, ACCESSCORP and STERLING were offset by losses in GTCO, DANGSUGAR and SEPLAT. Today, the […]

March 2024 Monthly Fixed Income Market Update | Where are Yields Rising to?

Where are Yields Rising to? At the end of March 2024, the secondary Fixed Income (FI) market continued to note upward pressure on yields on a Month-on-Month (MoM) basis. The average yield in the Nigeria Treasury bills (NT-bills) market increased by 76bps MoM to close at 17.66%. Similarly, the FGN Bond market closed negative as […]

Daily Market Update | 25-03-2024

Daily Market Update (Equities) The Nigerian equities market started the week on a negative note, as the NGX All Share Index (ASI) declined by 0.49% to 104,136.35 points. As a result, the market’s year-to-date (YtD) returns fell to 39.27% compared to 39.95% YtD recorded on Friday. Losses in Dangote Sugar, Transnational Corp and Ecobank offset […]

Daily Market Update | 10-01-2024

Daily Market Update (Equities) The Nigerian Equities market closed on a negative note today as the NGX All Share Index (ASI) declined by 1.45% to 82,024.38points. Consequently, the market’s year-to-date (YtD) returns went down to 9.70% (vs 11.31% Yesterday). The losses recorded in MTNN, ZENITH and GTCO offset the gains in DANGCEM, BUAFOODS and Transcorp […]

Daily Market Update | 19-12-2023

Daily Market Update (Equities) Today, the Nigerian Equities market closed on a positive note, as the NGX All Share Index (ASI) gained 0.09% to settle at 72,470.10 points. Consequently, the market’s year-to-date (YtD) returns closed at 41.40% (vs. yesterday: 41.27%). This was driven by gains in MTNN, UBA and Access Holdings offsetting losses incurred in […]

Daily Market Update | 11-12-2023

Daily Market Update (Equities) The Nigerian Equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.18% to settle at 71,669.91 points. This was driven by gains in ECOBANK, MTNN and BUACEMENT which offset losses incurred on FBNH, TRANSCORPHOTELS and TRANSCORP. Consequently, the market’s year-to-date (YtD) returns […]

Daily Market Update | 08-12-2023

Daily Market Update (Equities) The Nigerian equities market closed positive today as its benchmark index, the NGX All Share Index (ASI), rose by 0.12% to reach 71,541.74 points. Consequently, its Year-to-Date (YtD) returns went up to 39.59% compared to yesterday’s 39.43%. Gains recorded in AIRTELAFRICA, ECOBANK, and UBA offset the losses in FBNH, BUACEMENT, and […]

Daily Market Update | 07-12-2023

Daily Market Update (Equities) The Nigerian equities market witnessed a downward trajectory today as its benchmark index, the NGX All Share Index (ASI), declined by 0.49% to reach 71,457.92 points. Consequently, its Year-to-Date (YtD) returns dropped to 39.43% compared to yesterday’s 40.11%. Losses recorded in FBN Holdings, Access Holdings, and Zenith offset the gains in […]

Daily Market Update | 06-12-2023

Daily Market Update (Equities) The Nigerian Equities market continued its positive trajectory, as its benchmark index, the NGX All Share Index (ASI) rose by 0.78% to 71,808.64 points. Consequently, its Year-to-Date (YtD) returns went up to 40.11% (vs 39.02% Yesterday). The gains in FBNH, Access Holdings and Stanbic IBTC offset the losses recorded in OANDO, […]