Investors Gain N65.73bn as NSEASI Up by 0.31% Amid Improved Market Turnover

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 -

January 7, 2021Nigeria’s equities benchmark index rose today by 0.31% to 40,590.85 points. Year to date return and market capitalization settled at 0.79%, and N21.22 trillion respectively. Performance of the market was driven by bargain hunting on tier 1 banking names.

Volume and value traded fell by 7.94% and 14.60%, respectively to 229.87 million units and N2.56 billion, respectively.

The most traded stocks by volume were UBA NL (22.48 million units), DANGSUGAR NL (21.42 million units) and FIDELITYBK NL (15.71 million units), while DANGSUGAR NL (N397.84 million), ZENITHBA NL (N327.29 million) and GUARANTY NL (N315.05 million) topped the value chart.

The sectorial performance was broadly bullish as the banking, consumer goods, oil & gas sectors, and insurance gained 0.53%, 0.75%, and 5.65%, respectively. While the industrial goods closed flat as the insurance sector declined by 0.02%.

Market sentiment was positive as market breadth came in at 1.9x with 27 advancers and 14 decliners.

- Advertisement -
Investors Gain N65.73bn as NSEASI Up by 0.31% Amid Improved Market Turnover - Brand SpurInvestors Gain N65.73bn as NSEASI Up by 0.31% Amid Improved Market Turnover - Brand Spur
- 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.

Investors Gain N65.73bn as NSEASI Up by 0.31% Amid Improved Market Turnover - Brand SpurInvestors Gain N65.73bn as NSEASI Up by 0.31% Amid Improved Market Turnover - Brand Spur

Latest News

Majority Optimistic About Tech in 2021, But Health, Jobs and Environment Top Personal Risk List

Geneva, Switzerland, 22 January 2021 — A new World Economic Forum/Ipsos survey found most adults are optimistic about accessing technology, digital...

Bears Dominated Proceedings in the Equities Market this Week

Equities market closed the week on a bearish note with selloffs witnessed across major tickers. The benchmark All Share Index (ASI) declined by 24bps...

Joeboy Announces Debut Album, ‘Somewhere Between Beauty & Magic’

Looks like Joeboy is going to be the first mainstream artist to drop an album this year. Joeboy has announced his debut album, Somewhere...

TNT Africa muscles up with exciting channel refresh for 2021

Modern and sleek logo, new wrestling show and fresh content on the cards… :  As of 1 February, TNT Africa, home of the best contemporary...

Sonnie Ayere Recognised As ECOWAS Icon Of Societal Development

22ND January, Lagos – The West Africa Youth Council has recognized Nigeria’s Sonnie Ayere as the winner of the ECOWAS Icon of Societal Development...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Investors Gain N65.73bn as NSEASI Up by 0.31% Amid Improved Market Turnover - Brand SpurInvestors Gain N65.73bn as NSEASI Up by 0.31% Amid Improved Market Turnover - Brand Spur