Investors Lose N41.82bn WoW as NGX ASI Decrease by -0.16% to Close the Week in Red.
The NGX ASI closed the week in red for the first time this year by 0.16% as it closed negative in 3 of the 5 trading sessions during the week. It declined on the back of selloffs in large caps... Read More →
The NGX ASI improved by 2.33%, with Positive Performance in 3 of the 5 Trading Sessions During the Week.
The NGX ASI closed the week in green by 2.33% as it closed positive in 3 of the 5 trading sessions during the week. It improved on the back of buy pressures in bellwether stocks such as SEPLAT (+10.13%) and... Read More →
The NGX ASI closed the week in green, Up by 1.07% WoW.
The NGX ASI closed the week in green by 1.07% as it closed positive in 2 of the 3 trading sessions during the week. It improved on the back of buy pressures in bellwether stocks such as NESTLE (+10.00%) and... Read More →
NGX ASI recorded a 0.21% decline as it closed negative in 3 of the 5 trading sessions last week.
The NGX ASI closed the week in red by 0.21% as it closed negative in 3 of the 5 trading sessions during the week. It declined on the back of sell pressures in bellwether stocks such as JBERGER (-9.88%) and... Read More →
The NGX ASI Closed The Week in Green by 1.12%, as MTNN and DANGSUGAR Improved During the Week.
The NGX ASI closed the week in green by 1.12% as it closed positive in 3 of the 5 trading sessions during the week. It improved on the back of buy pressures in bellwether stocks such as MTNN (+7.16%) and... Read More →
Investors Lose N28.05bn WoW as NGXASI Dips by -0.12% to Close the Week Negative
The NGX ASI closed the week in red by 0.12% as it closed negative in 4 of the 5 trading sessions during the week as a result of sell pressures in bellwether stocks such as TOTAL (-9.97%) and NGXGROUP (-11.88%).... Read More →
Investors Gain N646.34bn WoW as NGX ASI Inches up by 2.95% to Close the Week Positive
Local Economic Updates Last week, the Federal Ministry of Agriculture and Rural Development disclosed the unfavourable balance of Wheat importation into Nigeria as the value of Wheat importation exceeds local production by about 1042%. On the back of the above,... Read More →
The NGX ASI closed the week negative with a 0.06% decline, market capitalization also decreased by 0.05% to close at N21.93 trillion.
Local Economic Updates Last week, Airtel Africa and MTN received approval in principle to operate mobile money services (Smartcash and Momo Payment Service Bank Ltd respectively) in Nigeria, marking the first step towards obtaining final licenses from the nation’s Central... Read More →
NGXGROUP, UNILEVER, others led Nigerian stocks to close the week positive consequently bringing the Year-to-Date return to an improved 3.71%, while market capitalisation inched up by 0.79% to close at N21.79 trillion.
Local Economic Updates President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the Senate House, Abuja. The CBN will further engage various stakeholders as... Read More →
WEEKLY MARKET UPDATE:
The NSE ASI closed the week in green by 1.61% as it closed positive in all the 5 trading sessions during the week as a result of buy pressures in bellwether stocks such as FBNH (+21.74%) and ETERNA (+10.00%). Consequently,... Read More →