Daily Market Update | 07-11-2023

Daily Market Update (Equities)

The Nigerian Equities market closed today on a positive note as the benchmark index increase by 0.19% to 70,613.60 points. As a result, its year-to-date (YtD) returns rose to 37.78% (vs. Yesterday YtD: 37.52%). 

The Total Volume and Value traded for today are 449.28mn units and NGN5.44bn respectively. FBNH traded the highest in terms of Value and FBNH traded the highest in terms of Volume.

Today, PZ, GLAXOSMITH and DAARCOMN topped the gainers’ chart, while NNFM, OMATEK and ETERNA topped the losers’ chart.

 

Daily Market Update (Fixed Income)

 The NT-bills secondary market closed flat at 14.38%However, the FGN bond market closed bearish as average yield increased by 0.12% to close at 15.75%.

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Daily Market Update | 07-11-2023