Daily Market Update | 22-04-2024

Daily Market Update (Equities) The Nigerian equities market started the week on a positive note as the NGX All-Share Index (NGX ASI) rose by 0.17% to settle at 99,706.40 points. Consequently, the year-to-date (YtD) returns went up to 33.34% (vs. Yesterday: 33.12% YtD).  The gains in GTCO, ZENITH and TRANSCOR offsetting losses in STANBIC, FIDELITY […]

Daily Market Update | 17-04-2024

Daily Market Update (Equities) Today, the Nigerian equities market rebounded from its consecutive negative run, as the NGX All-Share Index (NGX ASI) rose by 0.10% to close at 99,909.54 points. As a result, the year-to-date (YtD) returns rose to 33.62% from yesterday’s 33.48% YtD. This is following gains in FBNH, FIDELITYBK and ACCESSCORP which offset […]

March 2024 Monthly Equities Report | Positive Investor Sentiment Across Markets

Global Market Overview: Bull Run Continues – Poised for Further Growth? In March 2024, the global equities market maintained its upward trend, extending its positive performance for the fifth (5th) month in a row. Consequently, the MSCI world Index surged by 3.01% month-on-month (MoM). This positive momentum extended to most of the major global Indices […]

Daily Market Update | 28-03-2024

Daily Market Update (Equities) The Nigerian Equities market continued its positive streak, as it posted a 0.27% gain to 104,562.06 points in today’s trading session. This is following gains in MTNN, TRANSCORP, ACCESSCORP and LAFARGE offsetting losses in STANBIC, DANSUGAR, FCMB and OANDO. Consequently, the market’s year-to-date (YtD) returns increased to 39.84% from yesterday’s 39.47% […]

Daily Market Update | 18-03-2024

Daily Market Update (Equities) The Nigerian equities market opened the week on a negative note, as the NGX All Share Index (ASI) declined by 0.40% to 104,663.34 points. As a result, the market’s year-to-date (YtD) returns fell to 39.97% compared to 33.19% YtD recorded on Friday. Losses in MTNN, GTCO and DANGSUGAR offset the gains […]

Daily Market Update 14-03-2024

Daily Market Update (Equities) The Nigerian equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.05% to settle at 104,056.21 points. As a result, the year-to-date (YtD) return went up to 39.16% compared to last Friday’s 3.10% YtD . The total Volume traded declined by 30.08% […]

Daily Market Update 11-03-2024

Daily Market Update (Equities) The Nigerian equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.70% to settle at 102,044.84 points. As a result, the year-to-date (YtD) return went up to 36.47% compared to last Friday’s 35.52% YtD . The positive market sentiment was driven by […]

Daily Market Update | 22-02-2024

Daily Market Update (Equities) Today, the Nigerian equities market reverted to negative territory, declining by 0.12% to 101,239.10 points. This pushed market’s year-to-date (YtD) returns down to 35.39% (vs. Yesterday: 35.56% YtD). Losses in Stanbic IBTC, ACCESSCCORP, and Transnational Corp outweighed gains in GTCO, FBNH, and FIDELITYBANK, contributing to the negative performance. Market sentiment was […]

Daily Market Update | 13-02-2024

Daily Market Update (Equities) The Nigerian equities market closed lower today, with the NGX All Share Index (ASI) dipping by 0.33% to settle at 101,707.70 points. This decline pushed the year-to-date (YtD) returns down to 36.02%, compared to yesterday’s 36.47%. The market’s negative performance was primarily driven by losses in key banking stocks ZENITHBANK, UBA, […]

The Nigerian Equities market closed the day on a Negative note for the 3rd day this week as the NGX All Share Index (ASI) decreased by 0.86% to 101.227.42 points. Consequently, the market’s year-to-date (YtD) returns settled at 35.38% from 36.55% yesterday. Total Volume and Value traded dipped by 39.91% and 11.97% each to 478.38mn […]