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UBA PLC
The NGX witnessed another drop in share prices as bears sustained their grip on the stock market for the 7th trading session.
After 5 trading days of the week, only FBNH Plc, out of the five tier-1 Nigerian banks enjoyed positive market sentiments.
After 3 trading days of the week, 3 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, with FBNH Plc leading the gainers.
The Nigerian equities market closed bullish as the All-Share Index appreciated by 1.27% in the week ended 15th July 2022.
After 5 trading days of the week, 2 of the 5 tier-1 Nigerian banks suffered negative market sentiments, with FBNH Plc leading the decliners.
According to data from the NGX, the market capitalization of the top five banks grew to N2.29 trillion to appreciate by 1.12% during the week.
After 5 trading days of the week, 3 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, with FBNH Plc leading the gainers.
According to data from the NGX, the market capitalization of the top five banks dropped to N2.23 trillion, depreciating by 5.46% during the week.
After 5 trading days of the week, all the 5 tier-1 Nigerian banks suffered negative market sentiments, with FBNH Plc leading the decliners.
The performance of these banks, which are the most capitalized banks on the NGX, resulted in a decline of 1.20% in the NGX Banking sector, day-on-day.
10 Nigerian Bank stocks depreciated in value at the close of trading as investors' craving for fixed income securities widen.
UBA Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram.