Daily Market Update | 12-02-2024

Daily Market Update (Equities)

The Nigerian Equities market started the week positive with the NGX All Share Index (ASI) rising by 0.18% to 102,042.30 points. Consequently, the market’s year-to-date (YtD) returns climbed to 36.47% compared to 36.22% last Friday.

Today, the Total Volume and Value traded declined by 24.68% and 30.31% each to 242.43mn units and NGN5.13bn respectively. Today, ACCESSCORP traded the highest in terms of Volume while GTCO traded the highest in terms of Value.

Today, CHAMS, CORNERST and DAARCOMM led the gainers chart while INFINITY, JOHNHOLT and PZ led the laggards’ chart.

Daily Market Update (Fixed Income)

Today, the NT-bills secondary market closed positive as the average fell by 0.04% to settle at 15.31%. However, the FGN bond market closed negative as the average yield rose by 0.05% to settle at 15.54%. Overall, the Naira Fixed Income market closed flat at 15.43%.

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Daily Market Update | 12-02-2024