Category Archives: News

MARKET UPDATE – Tuesday, 14 August, 2018

The Nigerian equities market bowed to selling pressure as the All Share Index (ASI) declined by 0.35% to close at 35,288.23 while the market capitalization closed at N12.883 trillion. 13 stocks closed higher, 31 declined while 59 remained unchanged. UBA (26.87mn), Lasaco (12.24mn) and … Continue reading

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MARKET UPDATE – Monday, 13 August, 2018

The Nigerian equities market resumed trading on downward trend. The All Share Index (ASI) declined by 0.10% to close at 35,410.61 while the market capitalization closed at N12.928 trillion. 14 stocks closed higher, 26 declined while 68 remained unchanged. UBA (30.59mn), FBN Holdings (14.03mn) … Continue reading

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MARKET UPDATE – Friday, 10 August, 2018

The Nigerian equities market extended trading in narrow ranges closing weaker today, as the bearish sentiments of the third quarter continued. The All Share Index (ASI) declined by 2.17% to close at 35,446.47 while the market capitalization closed at N12.941 trillion. 14 stocks closed … Continue reading

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MARKET UPDATE – Thursday, 9 August, 2018

The Nigerian equities market closed lower for the fifth consecutive day as the All Share Index (ASI) declined by 0.19% to close at 36,232.66 while the market capitalization closed at N13.228 trillion. 12 stocks closed higher, 22 declined while 75 remained unchanged. UBA (27.22mn), … Continue reading

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EARNINGS ALERT -Thursday, August 9, 2018

GUARANTY TRUST BANK PLC recently released its audited Q2 2018 results with EPS of N3.38. Please find attached the full result of GUARANTY TRUST BANK PLC as released on the NSE and see key highlights below: Gross earnings grew marginally by 5.85% to N226.63bn in Q2 … Continue reading

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MARKET UPDATE – Tuesday, 7 August, 2018

The Nigerian equities market sustained yesterday’s downtrend as the All Share Index (ASI) fell by 0.4% to close at 36,333.8 while the market capitalization closed at N13.261 trillion. 22 stocks closed higher, 21 declined while 70 remained unchanged. Wema Bank (53.50mn), GT Bank (23.42mn) … Continue reading

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