Category Archives: news

MARKET UPDATE – Wednesday, 11 October, 2017

The Nigerian equity market was down for the second consecutive day. The All Share Index (ASI) declined by 0.34% to close at 36,652.82 points while the market capitalization closed at N12.62 trillion. The market recorded 19 gainers and 19 losers. Diamond Bank (230.56mn) Skye Bank (13.44mn) Zenith Bank (10.5mn) were the most actively … Continue reading

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MARKET UPDATE – Tuesday, 10 October, 2017

The Nigerian equity market was unable to sustain yesterday’s uptrend movement as the All Share Index (ASI) declined by 0.15% to close at 36,776.6 points while the market capitalization closed at N12.66 trillion. The market recorded 19 gainers and 19 losers. Diamond Bank (215.76mn) Fidelity Bank (15.01mn) FCMB (14.59mn) were the most actively … Continue reading

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MARKET UPDATE – Monday, 9 October, 2017

The Nigerian equity market rallied for the fourth consecutive day. 27 gainers and 21 losers were recorded at the end of today’s trading. The All Share Index (ASI) appreciated by 1.41% to close at 36,831.93 points while the market capitalization closed at N12.68 trillion. Diamond Bank (76.25mn) Access Bank (28.14mn) Zenith … Continue reading

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EARNINGS ALERT – Monday, Oct 9, 2017

UNITED CAPITAL PLC recently released its unaudited Q3 2017 results with EPS of N0.55. Please find attached the full result of UNITED CAPITAL PLC as released on the NSE and see key highlights below: Gross earnings: up 9.65% to ₦6.24bn (₦5.69bn in 2016). Investment income increased … Continue reading

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MARKET UPDATE – Wednesday, 4 October, 2017

The Nigerian equity market closed on a bullish outlook. 19 gainers and 18 losers were recorded at the end of today’s trading. The All Share Index (ASI) rose marginally by 0.15% to close at 35,358.57 points while the market capitalization closed at N12.17 trillion. UBA (25.4mn) FBN Holdings (23.37mn) Zenith Bank (17.35mn) were … Continue reading

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MARKET UPDATE – Tuesday, 3 October, 2017

The Nigerian equity market closed lower with 18 gainers and 22 losers. The All Share Index (ASI) declined by 0.38% to close at 35,306.09 points while the market capitalization closed at N12.17 trillion. Year-to-date, the Index has increased by 31.37% FCMB (370.41mn) FBN Holdings (33.99mn) GT Bank (33.48mn) were the most actively traded stocks. … Continue reading

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MARKET UPDATE – Friday, 29 September, 2017

The Nigerian equity market sustained yesterday’s uptrend as the All Share Index (ASI) appreciated marginally by 0.03% to close the month at 35,439.98 points. Also, the market capitalization closed at N12.217 trillion. UBA (39.55mn) Guaranty Trust Bank (34.86mn) Access Bank (31.61mn) were the most actively traded stocks. The total volume … Continue reading

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MARKET UPDATE – Thursday, 28 September, 2017

The market recorded 20 gainers and 23 losers as the Nigerian equity market closed on a positive note. The All Share Index (ASI) appreciated by 0.93% to close at 35,429.31 points while the market capitalization closed at N12.21 trillion. Skye … Continue reading

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MARKET UPDATE – Wednesday, 27 September, 2017

The Nigerian equity market closed today’s trading higher. The market recorded 23 gainers and 22 losers. The All Share Index (ASI) appreciated by 0.44% to close at 35,103.40 points while the market capitalization closed at N12.11 trillion. Jaiz Bank (35.85mn) DN Meyer (20.01mn) FBN Holdings (6.69mn) were the most actively … Continue reading

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MARKET UPDATE – Tuesday, 26 September, 2017

The Nigerian equity market closed on a bearish mood. The market recorded 16 gainers and 19 losers. The All Share Index (ASI) declined by 1.15% to close at 34,951.27 points while the market capitalization closed at N12.04 trillion. Continental Reinsurance (190.51mn) Sterling Bank (83.32mn) Access Bank (50.98mn) were the most actively traded stocks. The … Continue reading

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