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BUA Foods has published its unaudited report for 9 months ended 30th September 2021. According to the report, total turnover rose 6.8 per cent year on...
The bears kicked off the trading week as the NGX ASI dipped 0.1% to 44,399.66 points following sell-offs in BUAFOODS (-6.4%), UBA (-1.2%), and WAPCO (-0.8%). Consequently, YTD return weakened to 3.9% while market capitalisation shed ₦29.6bn to ₦23.9tn....
The domestic bourse recorded mild loss today as the NGX ASI fell 1bp to 44,604.74 points following sell-offs in CUSTODIAN (-9.5%), STANBIC (-0.7%), and UBN (-1.8%). Consequently, YTD return moderated to 4.42% (previously: 4.43%) while market capitalisation...
Away from our expectation, the domestic equities market halted its bullish run as the NGX ASI shed 0.1% to 43,859.30 points today, following sell-pressure on bellwether manufacturing stocks –...
Today, buying interest in bellwether stocks – DANGCEM (+4.0%), BUAFOODS (+10.0%), and UBA (+3.1%) buoyed market performance as the NGX ASI rose 0.1% to 43,897.13 points. BUA Foods Plc, the newest member...
Billionaire Richard Branson is reportedly looking to Amsterdam rather than London for his first European-listed special purpose acquisition company. Sky News reported that Branson, founder of...
In tandem with our outlook yesterday, buying interest in WAPCO (+3.1%), FBNH (+1.8%), and UBN (+3.7%) bolstered performance today as the NGX All-Share Index rose 0.3% to 43,607.94...
Airtel Africa Plc, has reported the sales of its telecommunications tower assets in Tanzania to SBA Communications Corporation at a gross consideration of $176.1m. Under the...
The domestic equities market commenced the year on a positive note, driven by bargain hunting in BUACEMENT (+7.3%), STANBIC (+5.6%), and ZENITH (+0.6%). Accordingly, the NGX-ASI rose 0.7% to 43,026.23 points, market capitalisation gained...
The Bulls resurfaced on the local bourse to conclude trading for the year on a positive note. Accordingly, the NGX All-Share Index swung 1.1% higher w/w to settle at...
Today, the domestic equities market lost due to sell pressure on some bellwether banking stocks – ZENITH (-0.8%), ACCESS (-0.6%), and UBA (-0.6%). Accordingly, the benchmark index tapered 1bp to 42388.57 points, market capitalisation...
The domestic equities market kicked off the week with a bullish performance driven by bargain hunting in DANGCEM (+0.6%), GTCO (+0.8%), and FBNH (+1.2%). Accordingly, NGX All-Share Index gained 10bps to 42,394.71 points, market...
Airtel Africa on the floor of the Nigeria Exchange announced the former introduction of Chimera Investment LLC as an additional investor in Airtel Mobile Commerce BV (‘AMC...
In tandem with our outlook yesterday, bargain buying in GTCO (+2.4%), DANGSUGAR (+2.8%), and MTNN (+0.1%) bolstered performance today as the NGX All-Share Index rose 9bps to 42,357.36 points. Accordingly, YTD return improved...
At the local bourse today, sell pressure on ZENITH (-1.2%), GTCO (-3.9%), and WAPCO (-0.8%) dragged performance as the NGX All-Share Index fell 22bps to 42,411.12 points. Therefore, YTD return pared...