• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Markets

Nigerian Stock Exchange ranked world’s best-performing stock market

5 years ago
in Markets
2 min read
0 0
0
Nigerian Stock Exchange - norvanreports

Nigerian Stock Exchange - norvanreports

85
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian stock market ended the first trading session on an impressive note.

The All Share Index gained +0.80% to close at 39,110.17 index points as against the -0.01% drop recorded at the last trading session on Thursday.

  • Its Year-to-Date (YTD) returns are currently at +45.70%. Nigerian Stock Exchange market capitalization now stands at N20.447 trillion (Ghs 316.6 billion)
  • Also, the Nigerian bourse trading turnover on Tuesday soared higher as market turnover closes rallied up by 72.38% as against the 73.97% plunge recorded on Thursday. AIICO, OANDO, and FBNH were the most active to boost market turnover.
  • The market breadth closed negative as NEM led 18 Gainers as against 20 Losers topped by NCR at the end of today’s session – an unimproved performance when compared with the previous outlook.

Top gainers

  • NEM up 9.56% to close at N1.49
  • NPFMCRFBK up 8.39% to close at N1.68
  • BUACEMENT up 6.67% to close at N64
  • ACCESS up 4.07% to close at N8.95
  • ZENITHBANK up 2.04% to close at N25

Top losers

  • NCR down 9.68% to close at N1.96
  • CAP down 2.44% to close at N20
  • FLOURMILL down 1.61% to close at N27.5
  • GUINNESS down 1.03% to close at N19.3
  • GUARANTY down 0.30%to close at N32.7

Outlook

Nigerian stocks are headed for their best annual gain in about seven years amid soaring oil prices at the US trading session.

The Nigerian stock market’s All-Share index in Africa’s largest economy recorded its best return, rising 45.7% this year, the most among 93 equity indexes tracked by Bloomberg. It’s the world’s best-performing stock market year-to-date.

RelatedPosts

Tullow Oil Posts $61 Million Loss for H1 2025 on Lower Oil Prices, Reduced Output

Cocoa Farmers to Protest Against GHS 3,228 New Farmgate Price on August 11, Demand GHS 4,000 per Bag

BoG Governor Urges Banks to Rethink Business Models as Interest Rates Decline

  • NSE30 Stocks, most especially Dangote, Airtel Africa, BUA cement increased the bullish trend at unprecedented levels, as Nigerian Stocks continues to attract institutional funds at a steady pace and the ultra-low rate environment seen lately in the debt market encouraged investors to invest more in local stocks exhibiting good fundamentals.

Source: nairametrics
Via: norvanreports
Tags: best performing stock marketNigerian Stock Exchange
No Result
View All Result

Highlights

Osaka and Keys Advance to Quarter-Finals at Canadian Open

Ghana Armed Forces Helicopter Crashes in Adansi Akrofuom, 8 Feared Dead 

Cedi Appreciation Triggers 50% Drop in Remittance Inflows

Inflation Drops 160 basis points to 12.1% in July, Lowest Rate Since October 2021

Kwaku Azar Writes: Is Another SML Brewing at GACL?

GRA Refutes NIA’s Debt Claims, Cites Lack of Regulatory Approval and Service Agreement

Trending

Features

Government Orders Flags at Half-Mast as Nation Mourns Defence, Environment Ministers & Others in Helicopter Crash

August 6, 2025

Government Orders Flags at Half-Mast as Nation Mourns Defence, Environment Ministers & Others in Helicopter Crash Ghana...

Defence Minister and Environment Minister Among 8 Confirmed Dead in Military Helicopter Crash

August 6, 2025

Serie A Players Face 25% Pay Cut if Relegated Under New Agreement

August 6, 2025

Osaka and Keys Advance to Quarter-Finals at Canadian Open

August 6, 2025

Ghana Armed Forces Helicopter Crashes in Adansi Akrofuom, 8 Feared Dead 

August 6, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.