Tag
UBA PLC
The market capitalization of the top five banks depreciated by 1.68% to close at N2.49 trillion as of the 6th of May, 2022.
UBA Plc in its Q1 2022 financial result reveals a profit of N41.50 billion during the period, reflecting an 8.76% growth year on year.
According to data from the NGX, the market capitalization of the top five banks grew to N2.57 trillion to appreciate by 5.24% during the week.
After 5 trading days of the week, 4 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, with GTCO Plc leading the gainers.
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 7.19% to close at N2.38 trillion as at 1st of April, 2022.
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 4.20% to close at N2.57 trillion...
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 7 basis point.
The market capitalization of the top five banks declined to N2.68 trillion to depreciate by 1.14% during the week.
4 of the 5 tier-1 Nigerian banks enjoyed positive market sentiments, with GT Holdings Co Plc leading the gainers.
FUGAZ banks make up over 70% of the NSE Banking sector index, hence, strongly influencing the growth or otherwise the index.
The market capitalization of the top five banks grew to N2.72 trillion, appreciating by 1.34% during the week.
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 0.30% to close at N2.68 trillion.