Daily Market Update | 6-09-2023
Daily Market Update (Equities) Today, the Nigerian Equities Market closed negative as its benchmark index decreased by 0.07% to 65,286.28 points. Hence, its Year-to-Date returns settled at 33.24 from 33.33% Yesterday. We believe the negative performance in the market today was primarily driven by losses in DANGSUGAR, GTCO, International Breweries and Vitafoam, offsetting the gains […]
Daily Market Update | 5-09-2023
Daily Market Update (Equities) The Nigerian Equities Market closed positive in today as its benchmark index increased by 0.88% to settle at 68,334.68 points. Consequently, the Year-to-Date (YtD) returns surged to 33.33% (Yesterday: 33.22% YtD). The gains in BUA Foods PLC, DANGOTE Sugar Refinery, International Breweries, Oando and UBA offset the loss recorded in FBN, […]
Daily Market Update | 4-09-2023
Daily Market Update (Equities) The Nigerian Equities Market started the week on a positive note as its benchmark index rose by 1.11% to settle at 68,279.14 points. Consequently, the Year-to-Date (YtD) returns surged to 33.22% (Last Friday: 31.76%YtD). Gains in Zenith Bank, GTCO, Dangote Sugar, Stanbic and Ecobank offset the losses recorded in Airtel Africa, […]
Daily Market Update | 01-09-2023
Daily Market Update (Equities) The Nigerian Equities Market benchmark index surged by 1.47% to settle at 67,527.19 points in today’s trading session. Notably, the Year-to-Date (YtD) returns increased predominantly to 31.76% (Yesterday: 29.85% YtD). The gains in DANGCEM, DANGSUGAR, FBNH, ZENITH and GTCO offset the losses recorded in STANBIC, MTNN, HONEYWELL and CHAMPION. The Total […]
Daily Market Update | 31-08-2023
Daily Market Update (Equities) The Nigerian Equities Market saw a rebound from the loss witnessed yesterday in today’s trading session as its benchmark index rose by 0.16% to settle at 66,439.53 points. Consequently, the Year-to-Date (YtD) returns increased to 29.85% (Yesterday: 29.64% YtD). The gains in SEPLAT, STANBIC, GTCO, UBA and NGXGROUP offset the losses […]
Daily Market Update | 30-08-2023
Daily Market Update (Equities) The Nigerian Equities Market ceased its positive trajectory in today’s trading session as its benchmark index declined by 0.51% to settle at 66,439.53 points. Consequently, the Year-to-Date (YtD) returns decreased to 29.64% (Yesterday: 29.73% YtD). The losses in TRANSNATIONAL CORP, ZENITH, GTCO, FIDELITY and STERLING offset the gains recorded in DANGSUGAR, […]
Daily Market Update | 29-08-2023
Daily Market Update (Equities) The Nigerian Equities Market sustained its positive trajectory as its benchmark index increased by 0.51% to settle at 66,490.34 points in today’s trading session. Notably, the Year-to-Date (YtD) returns surged to 29.73% (Yesterday: 29.07% YtD). The gains in DANGSUGAR, TRANSCORP HOTEL, TRANSNATIONAL CORP, ZENITH and ACCESSCORP offset the losses recorded in […]
Daily Market Update | 22-08-2023
Today, the Nigerian Equities Market observed gains as its benchmark index increased by 0.44% to 65,488.67 points. Hence, its Year-to-Date returns settled at 27.78% from 27.22% Yesterday. We believe the positive performance in the market today was primarily driven by gains in BUAFOODS, DANGSUGAR, TRANSCORP, NASCON and GUINNESS, offsetting the losses recorded in NB, FBNH, […]
Daily Market Update | 18-08-2023
The Nigerian Equities Market closed the week on a positive note as its benchmark index surged by 0.46% to 64,743.96 points. Consequently, its Year-to-Date return printed at 26.33% (Yesterday: 25.75%). The strong market performance was primarily driven by gains in DANGCEM, MTNN, ACCESSCORP, TRANSCORP, and FBNH offsetting the losses in GTCO, SEPLAT, DANGSUGAR, and FIDELITY. […]
Daily Market Update | 17-08-2023
The Nigerian Equities Market closed positive today as its benchmark index rose by 0.06% to 64,663.78 points. Consequently, its Year-to-Date return printed at 26.17% (Yesterday: 26.10%). The positive market performance was primarily driven by gains in FBNH, DANGSUGAR, FIDELITY, INTBRREW and STERLING offsetting the losses in MTNN, ZENITHBANK, ACCESSCORP and NASCON. Today, FIDELITYBK traded highest […]
