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 | 3-10-2023

The Nigerian Equities market started the week on a positive note as its benchmark index increased by 0.59% to 66,770.97 points. As a result, its year-to-date (YtD) returns closed at 30.28%. The gains recorded in BUECEMENT, GTCO and ACCESS Holdings offset the losses incurred in MTN NIGERIA COMMUINCATION PLC, NIGERIA BREWERIES PLC and NASCON. The […]

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 | 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, […]

Daily Market Update | 18-09-2023

Daily Market Update (Equities) The Nigerian Equities Market kicked off the week on a positive note as its benchmark index rose by 0.71% to close at 67,877.17 points. Consequently, the Year-to-Date (YtD) returns increased to 32.44%, (Friday: 31.50% YtD). The gains in Northan Nigeria Flour Mills, Chams, Stanbic IBTC, LASACO, and Transcorp offset the losses […]

Daily Market Update | 11-09-2023

Daily Market Update (Equities) The Nigerian Equities Market closed the day negative as its benchmark index fell by 1.24% to settle at 67,296.18 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns fell to 31.31% (Yesterday: 32.96% YtD). The losses in GTCO, DANGSUGAR, ZENITH, ACCESSCORP, and UBA offset the gains in OANDO, NB, TRANSCORP, […]

Daily Market Update | 12-09-2023

Daily Market Update (Equities) The Nigerian Equities Market closed the day negative as its benchmark index fell by 0.80% to settle at 66,760.20 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns fell to 30.26% (Yesterday: 31.31% YtD). The losses in MTNN, DANGSUGAR, ZENITH, ACCESSCORP, and NESTLE offset the gains in OKOMU, OANDO, WEMA, […]

Daily Market Update | 08-09-2023

Daily Market Update (Equities) The Nigerian Equities Market closed the week positive as its benchmark index rose by 0.09% to settle at 68,143.34 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns increased to 32.96% (Yesterday: 32.84% YtD). The gains in LAFARGE, FBNH, OANDO, FCMB and FLOURMILL offset the losses recorded in STANBIC, MTNN, […]

Daily Market Update | 7-09-2023

Daily Market Update (Equities) Today, the Nigerian Equities Market closed on downward note as its benchmark index reduced by 0.30% to 65,082.11 points. Consequently, its Year-to-Date returns settled at 32.84 from 33.24% Yesterday. We believe the negative performance in the market today was primarily driven by losses in DANGOTE Cement, DANSUGAR, Nestle, and NASCON, offsetting […]