International Trade
We provide tailor-made solutions to your varied trade needs
Corporate Banking
Making banking invisible to enable you focus on the things that really matter
Investment Banking
Build and manage your wealth with our team of experts
Treasury & Global Markets
We provide liquidity Management with a variety of products
Sign up to get our Insights delivered to your inbox
Daily Market Wrap
Equities: Banking bellwethers hovering around support
NSE All-Share Index declines by 29bps
Trading on the Lagos bourse ended on a tepid note today as the benchmark index edged lower by 0.29% to close at 38,601.83 points. Downturn on MTNN (-2.38%), ZENITHBANK (-0.45%), WAPCO (-0.48%) and JBERGER (-5.00%) dragged broader market index lower while sustained selloffs on GUINNESS (-9.91%) and CHAMPION (-9.09%) pinned performance on the brewer’s counter to the reds. Activities on the bourse today was relatively thin — with value of trades settling at ₦2.91 billion (though higher than a meagre ₦1.36 billion traded yesterday). In all, year-to-date (YTD) return eased to -4.14% while market capitalization lessened by ₦57.9 billion to close at ₦20.20 trillion.
| Indicators | Current | Change (%) | YTD | |
|---|---|---|---|---|
| All-Share Index | 38,601.83 | -0.29% | -4.14% | |
| Volume(millions) | 208.80 | 7.62% | 31.75 bn units | |
| Value(₦ ‘b) | 2.91 | 113.27% | ₦317.62 billion | |
| Market Cap.(₦ ‘tr) | 20.20 | -0.29% | -3.82% |
Updated:Wed, 14th April, 2021 08:23am
Interested in joining us?
Whether you are just starting out or looking to take that next step in your career, Coronation Merchant Bank offers you an opportunity to make meaningful impact and achieve your ambitions. Do you have what it takes?
