Category Archives: news

MARKET UPDATE – Thursday, 7 December, 2017

Trading on the Nigerian equity market closed again on a positive note. The All Share Index (ASI)  appreciated by 1.17% to close at 39,534.14 while the market capitalization closed at N13.768 trillion.  28 gainers and 17 losers emerged in today’s trading. FCMB (154.33mn) FBN Holdings (127.9mn) and UBA (124.74mn) were the … Continue reading

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MARKET UPDATE – Wednesday, 6 December, 2017

Trading on the Nigerian equity market ended on a bullish note as the All Share Index (ASI)  appreciated by 1.51% to close at 39,075.3 while the market capitalization closed at N13.608 trillion.  40 gainers and 13 losers emerged in today’s trading. Custodian Insurance (131.82mn) UBA (92.45mn) and FBN … Continue reading

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MARKET UPDATE – Monday, 4 December, 2017

The Nigerian equity market opened the month of December on a positive note.19 gainers and 25 losers emerged after today’s trading. The All Share Index (ASI) was up by 0.08% to close at 37,974.58 while the market capitalization closed at N13.22 trillion. Custodian Insurance (70mn) FBN Holdings (56.86mn) and Zenith Bank (55.62mn) were … Continue reading

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MARKET UPDATE – Thursday, 30 November, 2017

The Nigerian equity market closed the month of November on a positive note. 31 gainers and 18 losers were recorded at the end of today’s trading. The All Share Index (ASI) was up by 0.62% to close at 37,944.60 while the market capitalization closed at N13.21 trillion. Fidelity Bank (117.19mn) FBN Holdings (53.57mn) … Continue reading

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MARKET UPDATE – Wednesday, 29 November, 2017

The Nigerian equity market closed on a bullish note as the number of gainers rose from 25  to 32 and the number of losers declined from 11 to 8. The All Share Index (ASI) was up by 0.55% to close at 37,709.20 while the market capitalization closed at N13.13 trillion. … Continue reading

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MARKET UPDATE – Monday, 27 November, 2017

The Nigerian equity market opened the week on a bearish note as the All Share Index (ASI) declined by 0.31% to close at 37,250.78 while the market capitalization closed at N12.973 trillion. Wapic Insurance (650.54mn) Tantalizer (43.81mn) and Fidelity Bank (31.87mn) were the most actively traded stocks. The total volume of … Continue reading

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EARNINGS ALERT – Friday, November 24, 2017

FCMB GROUP PLC released its unaudited Q3 2017 results with EPS of N0.37. Please find attached the full result of FCMB GROUP PLC as released on the NSE and see key highlights below: Gross earnings declined by 15.57% to N118.82bn from N140.73bn in Q3 2016. The decline was primarily driven by the … Continue reading

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MARKET UPDATE – Monday, 6 November, 2017

The Nigerian equity market opened the week with 23 gainers and 20 losers the All Share Index (ASI) declined marginally by 0.02% to 36,930.83 points while the market capitalization closed at N12.78 trillion. JAIZ Bank (226.77mn) FBN Holdings (43.48mn) Transcorp (27.23mn) were the most actively traded stocks. The total … Continue reading

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MARKET UPDATE – Thursday, 2 November, 2017

The Nigerian equity market closed marginally down as the All Share Index (ASI) declined by 0.03% to close at 36,877.15 points while the market capitalization closed at N12.76 trillion. The market recorded 27 gainers and 18 losers. FBN Holdings (73.41mn) Union Diagnostic (58.01mn) UBA (32.03mn) were the most actively traded … Continue reading

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MARKET UPDATE – Wednesday, 1 November, 2017

The Nigerian equity market maintained an upward trend as the index opened the month higher. The All Share Index (ASI) appreciated by 0.56% to close at 36,887.2 points while the market capitalization closed at N12.77 trillion. The market recorded 23 gainers and 21 losers. FBN Holdings (40.09mn) Sterling Bank (31.96mn) Diamond Bank (26.03mn) … Continue reading

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