• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets

Daily Market Summary: NSE ASI advance marginally by 0.06%

Morgan Capital Research by Morgan Capital Research
July 9, 2018
in Markets, Stock Market
Market Summary: Oil & Gas stocks lead gainers as NSE ASI closes in the greens
Share on FacebookShare on TwitterShare on Linkedin

Market breadth closes negative at 0.7x

  • The Nigerian equities market resumed the week on a positive note with the NSEASI advancing marginally by 0.06%.
  • Total declining stocks towered above the gainers, settling the YtD return at -1.56%.
  • A total of 155.17 million (-51.45%) shares worth NGN1.99 billion (-35.19%) were exchanged in 3,422 deals (-16.21%).
  • Total market capitalisation closed at NGN13.64 trillion.
  • The NSEBNK10 index outperformed the market, despite its weak advancement.
  • Interestingly, ETI +2.00% which closed at NGN20.40 was the only gainer in the sector at the close of trades.
  • Similarly, weak bullish sentiments were observed in the oil and gas sector.
  • The NSEOILG5 advanced marginally by 0.02%.
  • FO advanced by 3.04% while three stocks; CONOIL-1.82%, JAPAULOIL-2.78% and OANDO-0.78% closed bearish.
  • The strongest decline was observed in the industrial goods sector.
  • This was however restricted to the negative sentiments on WAPCO, which shed NGN1.00 to close at NGN38.00.

Why stocks are up

Similar to major stock market indices around the world, the NSEASI started the week on a positive note.

However, bearish sentiments in the Nigerian bourse remained strong as indicated by the negative market breadth of 0.74x.

RelatedStories

NGX

Nigerian Stocks post solid gains as January ends in green 

February 2, 2025
NGX

Eight Nigerian stocks soar to triple-digit YtD gains as of August 2024 

September 3, 2024

We expect to witness mixed sentiments during the week.


Follow us for Breaking News and Market Intelligence.
Tags: Morgan CapitalNigerian Stocks
Morgan Capital Research

Morgan Capital Research

Related Posts

NGX
Equities

Nigerian Stocks post solid gains as January ends in green 

February 2, 2025
NGX
Equities

Eight Nigerian stocks soar to triple-digit YtD gains as of August 2024 

September 3, 2024
Nigerian Stock Exchange
Markets

Nigerian Stocks lose N334 billion in market cap as bears takeover July 

July 15, 2024
NGX
Equities

Nigerian stocks you can invest in H2’2024 – Investment analysts  

July 3, 2024
NGX
Dividends

Nigerian Stocks with the best dividend yield 2024

July 1, 2024
Nigerian Stock Exchange
Equities

Nigerian stocks soar by 3.08% in November as investors continue bet on hope

December 1, 2023
Next Post
These stocks have gained over 25% since we recommended them less than 6 months ago

It's half year and these are 7 stocks to Buy, sell or hold

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng

first bank
Zenth Bank








DUNS

Recent News

  • Scholarship programme for Caribbean students to study in Nigeria to begin next academic year- Tinubu 
  • University Staff Union slams FG over delayed salaries, demands harmonised payment structure 
  • CWG and CAVERTON lead gainers as All-Share Index dips slightly; OANDO prints N19.8 billion trading value 

Follow us on social media:

Recent News

AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration 

Scholarship programme for Caribbean students to study in Nigeria to begin next academic year- Tinubu 

June 30, 2025
University Staff Union slams FG over delayed salaries, demands harmonised payment structure 

University Staff Union slams FG over delayed salaries, demands harmonised payment structure 

June 30, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics