Nigerian bourse: Big caps push market to close positive despite declining turnover

The Nigerian equities market Tuesday sustained positive sentiments for five consecutive trading sessions as big caps helped the bourse’s index to appreciate by 0.7 percent to close at 34,375.60 basis points, as against +0.96% appreciation recorded previously. Its year-to-date (YTD) returns stood at +27.91%.   Price appreciation in DANGCEM (+1.9%), NIGERIAN BREWERIES (+1.8%), INTBREW (+8.1%) […]

Nigeria’s equities market remains bullish as index rose by 0.96%

The Nigerian Equities market sustained its bullish performance in Monday’s trading session as the benchmark index rose 0.96 percent to close at 34,135.10 points as against the previous close of 33,810.56, boosting year-to-date returns to 27.0%. Monday’s performance was driven by price appreciations in market heavyweights – DANGCEM (+2.4%), ETI (+7.1%), GUARANTY (+0.8%) and NIGERIAN […]