Bull run continues as Nigeria bourse ends trading week in the green

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

Transactions on the Nigerian equity market today (Friday) ended the trading week on a positive note as the All-Share-Index appreciated by 1.28%, to extend the previous positive momentum to six consecutive trading days. The upturn was supported by value appreciation on some bellwether stocks like WAPCO, DANGCEM, ACCESS, NB and 16 others. Consequently, the market breadth closed on a positive note, recording 19 gainers as against 16 losers.

Bull run continues as Nigeria bourse ends trading week in the green
NSE Trading Floor – www.brandspurng.com

In summary, the All-Share Index (ASI) increased by 332.33 absolute points, representing a growth of 1.28% to close at 26,319.47 points. Similarly, the overall Market Capitalization size gained N173.68 billion, representing an increase of 1.28% to close at N13.75 trillion.

NB emerged as the top gainer while NNFM emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are ; NB (+10.00%), WAPCO (+6.74%), FLOURMILL (+6.70%), GUARANTY (+3.85%), GUINNESS  (+3.32%), ACCESS (+2.29%), DANGCEM (+2.28%), FBNH (+1.98%), ZENITHBANK (+1.17%) and STERLNBANK (+0.87%).

- Advertisement -

MARKET STATISTICS

CAP N13,754,942,344,539.37 One Day (ASI CHG) +1.28%
Index 26,319.47 One Week (ASI CHG) +2.92%
Volume 335,749,166 One Month (ASI CHG) +3.91%
Value N4,277,468,719.91 Six Months (ASI CHG) +20.39%
Deals 4,231 52 Weeks (ASI CHG) -3.53%
Gainers 19 Losers 16
Unchanged 67 Total 102
YTD -1.95%

Source: NSEGTI Research

NASD OTC MARKET

The NASD OTC market today (Friday) closed on a positive note as the Unlisted Securities Index (USI) closed at 732.57, representing a 1.32% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N7.02 million to close at N538.12 billion, representing a 1.32% appreciation the previous day’s closing position. However, the aggregate volume and value decreased by 99.52% and 93.32% respectively, as investors traded a total of 5,000 shares, worth N687,500 in 1 deal.

HEADLINES YOU MIGHT HAVE MISSED FROM BRAND SPUR

Lagos Business School Beta Gamma Sigma chapter earns Highest Honours status

- Advertisement -

The Lagos Business School chapter of the Beta Gamma Sigma society has been bestowed the Highest Honours status for the 2019-2020 academic year. The Highest Honours status is the highest distinction possible for Beta Gamma Sigma chapters.

Read Also:  ValuAlliance Asset Management and Leadway Capital Jointly Announce Restructuring Plans for ValuAlliance Value Fund

Nestlé to plant 3 million trees by 2023 in Malaysia

Nestlé today announced it will plant three million trees through Project RELeaf in Malaysia. Nestlé will invest CHF 4 million in the next three years. This announcement is part of Nestlé’s broader reforestation initiative. It will help accelerate the company’s global pledge to address climate change and achieve zero net greenhouse gas emissions by 2050.

Nestlé S.A. Increases Stake in Nigeria Subsidiary

- Advertisement -

Nestlé S.A, Switzerland, the parent company of Nestlé Nigeria Plc, has increased its ownership percentage of the Nigerian subsidiary to 66.30 per cent.

Waltersmith Refinery Ready for October Start

Waltersmith Petroman’s modular refinery has been completed and will begin operations on October 14, the Nigerian Content Development and Monitoring Board (NCDMB) has said.

How TikTok Changed Video Advertising Forever?

Owning a business brand isn’t all required to make it big in the business world – it’s just the first step. To achieve business growth, you’d have to invest in activities that improve the quality of your products and services and make potential buyers aware that you have what they need.

Olam Cocoa launches new business for professional chefs, bakers and pâtissiers

Olam Cocoa has today announced the launch of Olam Cocoa for Professionals, a new business which will make its premium deZaan cocoa powders available to restaurants, caterers, and patisseries for the first time.

Netflix ignores critics to release ’Cuties’ movie revealed to be promoting children sex

Netflix, an American technology and media services provider and production company headquartered in Los Gatos, California, founded in 1997 by Reed Hastings.

Read Also:  With China Cutting Back On Its Borrowing, President Buhari Needs To Set Very Ambitious FDI Targets For 2021

Total Debt Stock Hits N31.01 Trillion as Nigeria Receives USD3.36 Billion Loan from IMF

In the just concluded week, total debt figure released by the Debt Management Office (DMO) showed that Nigeria’s total public debt stock for the second quarter of 2020 increased by 8.31% to N31.01 trillion as at June 2020 (from N28.63 trillion as at March 2020).

- Advertisement -
Bull run continues as Nigeria bourse ends trading week in the green - Brand SpurBull run continues as Nigeria bourse ends trading week in the green - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Bull run continues as Nigeria bourse ends trading week in the green - Brand SpurBull run continues as Nigeria bourse ends trading week in the green - Brand Spur

Latest News

SurveyMonkey to Report Q4 and Fiscal Year 2020 Financial Results on February 11, 2021

Jan. 21, 2021 - SurveyMonkey, a leader in agile software solutions for customer experience, market research, and survey feedback,...

Keeping an eye on Biden’s plans for Africa

President Joe Biden has been sworn into office, ushering in a new administration, new foreign policy and a new approach to US trade and...

The Trade Desk Appoints Benson Ho as Senior Vice President, North Asia

SHANGHAI, CHINA - Media OutReach - 22 January 2021 - Global advertising technology leader, The Trade Desk, today announced the appointment of Benson Ho as Senior Vice President of North Asia. In this role, Ho will lead the company's business and growth strategy in the North Asia region, covering Greater China, South Korea and Japan. Ho will report to Tim Sims, Chief Revenue Officer.

 

 Bull run continues as Nigeria bourse ends trading week in the green - Brand Spur

 

Ho brings vast leadership experience in the Asian media industry, most recently as Chief Data Strategy Officer at Tencent Marketing Solution, an important early inventory partner of The Trade Desk in China. Prior to that, he served as Amnet's chief consultant and programmatic expert to Dentsu Aegis Network. He has also served in senior leadership positions at Sizmek, GroupM and Digitas.

 

"One of The Trade Desk's biggest priorities is Asia, and with Benson joining our team, we're confident he will help accelerate our growth strategy in the region," said Tim Sims, Chief Revenue Officer, The Trade Desk. "Benson brings experience and expertise of data-driven advertising, as well as his invaluable relationships with key partners and advertisers, that are specific and unique to the Asian market. I look forward to partnering with Benson as we execute our next phase of growth in the region."

 

"I am delighted to join The Trade Desk and build on the success the company has had in North Asia," said Ho. "The advertising industry is at a turning point right now, and there's enormous opportunity for brands to leverage global best practices and connect with consumers in new ways. It's very exciting to be a part of the team that's delivering a unique solution and expertise to global advertisers in the region."


About The Trade Desk

The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, Bull run continues as Nigeria bourse ends trading week in the green - Brand SpurTwitter, and LinkedIn. 

 

Bull run continues as Nigeria bourse ends trading week in the green - Brand Spur

DJ Khaled announced as International Host of the MAMAs Kampala 2021

Grammy® Award-winning global sensation, DJ and record executive, DJ Khaled, who is best known for his hip hop and R&B hit anthems, will be the international...

Entrepreneurialism alive and well in the time of the pandemic

Entrepreneurial spirit is up among women and younger adults. One-third of adults across the world show a very high level of entrepreneurial spirit, according to...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Bull run continues as Nigeria bourse ends trading week in the green - Brand SpurBull run continues as Nigeria bourse ends trading week in the green - Brand Spur