Category Archives: News

MARKET UPDATE – Monday, 8 October, 2018

Equities market opens the week positive as NSE ASI inches up by 0.19%.  The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization appreciated by 0.19% from previous trading day. The All Share Index closed at 32,444.96 points … Continue reading

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MARKET UPDATE – Friday, 5 October, 2018

The Nigerian equities market extended its downward trend to the fourth day in the week as the All Share Index (ASI) declined by 0.12% to close at 32,383.15 while the market capitalization closed at N11.822 trillion. 21 stocks closed higher, 15 declined while 74 … Continue reading

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MARKET UPDATE – Thursday, 4 October, 2018

The Nigerian equities market traded lower for the third consecutive day. The All Share Index (ASI) declined marginally by 0.09% to close at 32,423.57 while the market capitalization closed at N11.837 trillion. 19 stocks closed higher, 18 declined while 67 remained unchanged. FCMB (28.92mn), Fidelity … Continue reading

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MARKET UPDATE: Wednesday, 3 October, 2018

Sell Pressure Persists as NSEASI dips further by -0.79%  The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization depreciated by 0.79% from the previous day. The All Share Index closed for the week at 32,454.03 points while … Continue reading

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MARKET UPDATE – Friday, 28 September, 2018

The Nigerian equities market closed marginally higher as the market closed trading for the month of September. The All Share Index (ASI) declined by 0.01% to close at 32,766.37 while the market capitalization closed at N11.96 trillion. 22 stocks closed higher, 22 declined while 65 … Continue reading

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FIDELITY BANK GROWS AFTER TAX PROFIT BY 31% IN H1 2018 RESULTS

Fidelity Bank Plc’s gross earnings rose by 3.6% from N85.8bn to N88.9bn. It’s profit before tax rose by 27.3% from N10.2bn in the second quarter of 2017 to N13bn in the corresponding period of 2018 The bank’s profit after tax … Continue reading

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MARKET UPDATE – Thursday, 27 September, 2018

The Nigerian equities market declined further as market witnessed selling pressure. The All Share Index (ASI) declined by 0.61% to close at 32,763.35 while the market capitalization closed at N11.96 trillion. 13 stocks closed higher, 21 declined while 63 remained unchanged. Fidelity Bank (23.30mn), … Continue reading

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MARKET UPDATE – Wednesday, 26 September, 2018

The Nigerian equities market was unable to sustain yesterday’s uptrend movement as the All Share Index (ASI) declined by 0.46% to close at 32,963.27 while the market capitalization closed at N12.03 trillion. 18 stocks closed higher, 23 declined while 65 remained unchanged. Fidelity Bank … Continue reading

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MARKET UPDATE – Tuesday, 25 September, 2018

The Nigerian equities market reversed yesterday’s loss as the All Share Index (ASI) appreciated by 2.08% to close at 33,114.44 while the market capitalization closed at N12.089 trillion. 26 stocks closed higher, 20 declined while 51 remained unchanged. Zenith Bank (43.282mn), International Breweries (36.95mn) … Continue reading

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MARKET UPDATE – Monday, 24 September, 2018

The Nigerian equities market opened the week on a negative note. The All Share Index (ASI) declined by 0.27% to close at 32,451.27 while the market capitalization closed at N11.847 trillion. 13 stocks closed higher, 23 declined while 66 remained unchanged. GT Bank (66.967mn), … Continue reading

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