Skip to main content

Daily Market Update (Equities)

The Nigerian Equities market had a positive trading session today as the NGX All Share Index (ASI) increased by 1.63% to 102,802.25points. Consequently, the market’s year-to-date (YtD) returns rose to 37.48% (vs 9.70% Yesterday). The gains recorded in BUA FOODS, Zenith Bank and GTCO offset the losses in MTN Nigeria, Computer Warehouse and Sunu Assurance.

Today, the Total Volume increased by 16.27% to 861.01mn units while declined by 45.25% each to NGN12.15bn Today, JAPAULGOLD traded the highest in terms of Volume while GTCO traded highest in terms Value.

Today, GUINEAINS, JBERGER and CADBURY topped the laggards’ chart while ABBEYBDS, IKEJAHOTEL and CAVERTON topped the gainers’ chart.

Daily Market Update (Fixed Income)

Today, the NT-bills secondary market closed positive as the average yield dipped by 0.10% to settle at 9.10%. However, the FGN bond market closed on a negative note as the average yield surged by 0.05% to settle at 14.54%. Overall, the Naira Fixed Income market closed positive as the average yield decreased by 0.02% to settle at 11.80%.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Leave a Reply