Daily Market Update (Equities)
The Nigerian Equities Market saw a rebound from the loss witnessed yesterday in today’s trading session as its benchmark index rose by 0.16% to settle at 66,439.53 points. Consequently, the Year-to-Date (YtD) returns increased to 29.85% (Yesterday: 29.64% YtD). The gains in SEPLAT, STANBIC, GTCO, UBA and NGXGROUP offset the losses recorded in DANGSUGAR, TRANSCORP HOTEL, NASCON and TRANSNATIONAL CORP.
The Total Volume traded for today was 620.98mn units while Total Value traded was NGN7.18bn. FIDELITYBK traded the highest in terms of Volume while DANGSUGAR for two (2) consecutive days traded the highest in terms of Value.
The top gainers in today’s trading session were NGXGROUP, OMATEK and RTBRISCOE while the top losers were MULTIVERSE, HONEYFLOUR and MAYBAKER.
Daily Market Update (Fixed Income)
Today, the Nigerian Treasury Bills market closed negative as the average yield surged by 0.39% to settle at 7.27%. Whereas, the average yield in the FGN Bond market closed flat at 14.06%.
