Daily Market Update (Equities)
The Nigerian Equities Market continued a positive run for the second time this week as its benchmark index rose by 1.55% to 65,263.06 points. Consequently, its Year-to-Date return printed at 27.34% (Yesterday: 25.40%). The market movers for today include MTNN, Dangote Sugar, Nigeria Breweries, Access Holdings and UBA.
Today, FCMB traded the highest in terms of Volume and ACCESSCORP traded the highest in terms of Value. Total Volume and Value traded for today settle at NGN33.33mn and NGN0.57bn respectively.
The top gainers for today were NB, DANGSUGAR and NASCON while ETERNA, JOHNHOLT and COURTVILLE topped the losers’ chart.
Daily Market Update (Fixed Income)
Today, average yield in the Nigerian Treasury bills secondary market closed at 7.07% for the consecutive time. However, the FGN bond market closed negatively as the average yield in the market rose by 0.04% to 13.27%.