The Nigerian equities market was marginally bullish on Wednesday, reversing two consecutive days of declines. The move was supported by a broad-based rally across mid- and small-cap stocks, while the reportβs headline says the bull market remains intact.
@MyFCMB please I need help knowing the state of the FCMB shares I got for my child since 2024β¦ I expect that dividend would be dropping in the account we provided, but nothing since that time.
Seplat Energy is the first stock in π³π¬ equity market to cross the N15K mark. Will it break the N20K resistance? Likely, especially if Iran and πΊπΈ maintain their cat-and-mouse action
The article discusses the CBNβs reduction of its benchmark interest rate from 26.5% to 23% and considers how the shift from tight monetary policy toward easing may affect Nigeriaβs market. It notes that the benefits may differ across market participants and that repositioning could matter as conditions change.
Despite elevated interest rates and attractive fixed-income yields, the NGX gained nearly 48% in the
first half of the year, ahead of the South African, UK, and US markets.
Click here https://t.co/9DcnMIyOk9 to read the full report. https://t.co/gTutNi4Ie1
SocialAGRICULTURECONSTRUCTION/REAL ESTATEConsumer GoodsINDUSTRIAL GOODSOIL AND GASUTILITIESX Blue Chips
Okomu
Bua (both foods and cement)
Geregu
Seplat
Betaglass
NIDF
Lots of them.
Apart from the banking stocks and a handful of others, most other NGX stocks are either occassionally illiquid or outright illiquid. https://t.co/1NcZwLaCUj
SocialMarketConsumer GoodsFINANCIAL SERVICESICTINDUSTRIAL GOODSOIL AND GASX Blue Chips
11 companies. 75% of Nigeria's β¦163 trillion stock market. π
Airtel Africa, Dangote Cement, MTN, BUA Foods, BUA Cement, Seplat, FirstHoldCo, Aradel, HBM, Zenith and GTCO now hold β¦122.56tn of the NGX's β¦163.1tn market value.