Stock Market

Stanbic IBTC Holdings Plc reported that its Gross earnings rose by 5.4 per cent Y-o-Y to ₦233.8billion; while its PAT increased by 0.8…

The stock market sustained previous day’s gain as investors continued positioning in bellwethers. Consequently, the All-Share Index rose 0.6% to 26,415.54 points…

The Nigerian Stock Exchange has said it has won approval from members to become a listed company and has appointed a board…

The local bourse sustained its downtrend as the All-Share Index dropped 1.2% to 25,816.57 points due to the losses in NESTLE (-10.0%), GUARANTY (-4.6%) and…

Emerging market stocks rose on Monday after their worst week in 8-1/2 years, and an index of developing world currencies rebounded from…

The incidence of “Coronavirus” continued to accelerate this week, reaching a total of 50 countries. This has caused panic across markets and…

CoronaVirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis and bringing…

The equities market continued its loss-making trend as the All-Share Index dipped 62bps to 26,808.24 points following price declines in STANBIC , GUARANTY and FBNH. Also,…

Most bourses in the Gulf fell further on Thursday as a rise in new coronavirus cases outside of China heightened fears of…

Sell-offs in MTNN (-3.5%), ETI (-3.9%) and STERLNBA (-6.0%) dragged the All-Share Index 22bps down to 26,974.38 points. This resulted to a slowdown in YTD return to…

The All-Share Index lost 3bps to 27,033.10 points following sell pressures in NIGERIA BREWERIES (-2.1%), GUARANTY (-0.4%) and ZENITH (-0.3%). Accordingly, market capitalisation fell ₦4.1bn to ₦14.1tn…

Losses in banking stocks – GUARANTY (-3.8%), ZENITH (-3.8%) and ACCESS (-6.4%) – dragged the All-Share Index down 127bps to 27,041.03 points. Consequently, YTD return plunged to…

The downtrend in the Nigerian Stock market persisted during the outgoing week, as sustained sell-offs in LAWUNION (-36.5%), MANSARD (-10.0%) and FORTE…

Today, the domestic equities market recorded the first gain of the week as the All-Share Index rose 17bps to 27,568.91 points due to buying interest in BUACEMENT (+3.0%), UBN (+1.4%)…

The bearish sentiment was sustained at the close of trade as the All-Share Index fell 9bps to 27,523.08 points following sell-offs in GUARANTY (-1.6%), CUSTODIAN (-9.9%) and DANGSUGAR (-2.0%).…