Daily Market Update (Equities)
The Nigerian Equities market close the today on a positive note as its benchmark index rose by 0.10% to settled at 70,819.58 points. Consequently, the year-to-date returns printed at 38.18% YtD (vs. Yesterday: 38.04% YtD). The gains in FBNH, Fidelity and GTB offset losses incurred in Zenith, NASCON and DANGOTE SUGAR.
Today, AIRTELAFRI traded the highest in terms of Value, while JAPAULGOLD traded the highest in terms of Volume.
JAPAULGOLD, RTBRISCOE and ABCTRANS were the top gainers for today while MULTIVERSE, DAARCOMN and CHAMS topped the losers’ chart.
Daily Market Update (Fixed Income)
Today, the NT-bills secondary market closed positive as the average declined by 0.94% to close at 13.37%. Similarly, the FGN bond market closed positive as the average yield dipped by 0.09% to close at 15.67%.