By Financescape The Nigerian equities market opened the week on a negative trend, as the All-share index dip by -0.16% to close at 27,630.56 basis point, Market capitalization closed at N13.450 trillion, Total of 194,796,540.00 Shares was traded in 2,910.00 deals valued at N3,064,799,825.41 Year-to-Date (YTD) returns currently stands at -12.09%. […]
Category: Markets
Nigeria Stock Market review and corporate news for the week ended September 27, 2019
By Financescape EQUITY NSE equities market closed the week in a positive rally, as the benchmark index depreciated by -0.09%, WOW to close the week at 27,675.04. Year to date returns stand at -11.95%. Market turnover As negative investor sentiment persists market turnover closed negative, a total of 1.097 billion […]
As investors reshuffle portfolio for the end of Q3 2019 NSE-ASI gained by +1.09%
By Financescape The Nigerian equities market closed today on a positive note, as the All-share index gained +1.09% to close at 27,579.85 basis point, Market capitalization closed at N13.425 trillion, Total of 183,465,723.00 Shares was traded in 2,576.00 deals valued at N2,926,093,853.12. Year-to-Date (YTD) returns currently stands at -12.25%. Share […]
Equity Investors lost N23.566 bln as NSE-ASI dip by 0.17%
By Financecsape The Nigerian equities market began the week on a negative note, as the All-share index depreciated by -0.17% to close at 27,650.28 basis point, Market capitalization closed at N13.460 trillion, Total of 109,562,733.00 Shares was traded in 3,382.00 deals valued at N888,172,294.42. Year-to-Date (YTD) returns currently stands at -12.04%. […]
Money Market Rates Crash As FAAC Inflows Bolster Liquidity
By Zedcrest Partners Ltd *** Apex Bank Maintains Benchmark Rates At MPC Meeting *** Bonds The bullish run in the Bond market slowed in today’s session, as the Monetary Policy Committee meeting took center stage. Spreads tightened in the market, as yields closed the session lower by c.6bps on the average on […]
Sell pressure pushed NSE-ASI to negative territory
By Financescape The Nigerian equities market closed on a negative note, as the All-share index depreciated by -0.13% to close at 27,646.15 basis point, Market capitalization closed at N13.458 trillion, Total of 245,435,638.00 Shares was traded in 3,450.00 deals valued at N1,674,228,682.19. Year-to-Date (YTD) returns currently stands at -12.06%. Share on: WhatsApp
Nigeria Stock Exchange closed on a positive note as NSE-ASI appreciated by +1.00%
By Financescape The Nigerian equities market closed on a positive note, as the All-share index appreciated by +1.00% to close at 27,681.61 basis point, Market capitalization closed at N13.475 trillion, Total of 379,506,330.00 Shares was traded in 3,923.00 deals valued at N5,346,437,841.67 Year-to-Date (YTD) returns currently stands at -11.93%. Share on: WhatsApp
A Tale of Two Halves: Bullish Sentiments for Bonds Reverse Upon Bond Auction Offer Release
By Zedcap Partners Ltd *** August 2019 CPI reported at 11.02%, as Central Bank pulls back MPC meetings to this week *** Bonds The Bond market started the trading session on a bullish note, as investors looked to re-invest coupon payments received this week. We noted increased demand for duration as […]
Equity Investors lost N81.433 bln. as NSE-ASI dip by 0.61%
By Financescape The bearish trend in the Nigerian equities market continues, as the All-share index dip by -0.61% to close at 27,407.04 basis point, Investors lost N81.433 bln. As Market capitalization closed at N13.341trillion,Total of 198,034,375.00 Shares was traded in 3,830.00 deals valued at N2,898,618,701.72. Year-to-Date (YTD) returns currently stands at -12.88%. […]