Equities

The S&P 500 rose 8.5% for the third quarter, although it fell 3.9% in September.

The overall market capitalization size gained N119 billion to close today at N14.027 trillion.

This arose from the Scheme of Merger between Dangote Sugar Refinery Plc and Savannah Sugar Company Limited (SSCL).

Nigerian Stock Exchange trading turnover was also positive as volume climbed up by 22.64%.

This call is in a bid to get the support of relevant stakeholders in raising additional capital through private placement.

Despite being affected by the COVID-19 pandemic, Nigerian Breweries share price has increased in value. 

TOTAL led 22 Gainers as against 7 Losers topped by UAC-PROP at the end of today's session.

Analysis of the company's results indicates that revenues dipped as a result of COVID-19 travel restrictions.

On a weekly basis, the NSI gained 1.74% from 720.02 points last week to 732.57 points this week. 

Twenty-eight (28) equities depreciated in price, lower than thirty-one (31) equities in the previous week.