Daily Market Update (Equities)
The Nigerian Equities market closed the day on a positive note as the NGX All Share Index (ASI) increased by 0.55% to 72,299.79 points. Consequently, the market’s year-to-date (YtD) returns settled at 41.07% from 40.30% yesterday. This was spurred on by gains in ACCESSCORP, FBNH and TRANSCORPHOTELS offsetting losses incurred in FLOURMILLS, DANGSUGAR and UNILEVER.
Total Volume and Value traded increased by 35.56% and 37.40% each to 433.18mn units and NGN8.08bn respectively. Today, ACCESSCORP traded the highest in terms of Volume while GTCO traded the highest in terms of Value.
The top gainers for today include INFINITY, ACCESSCORP and CORNERST while UPL, SUNNUASSUR and ETERNA topped the losers’ chart.
Daily Market Update (Fixed Income)
Today, the NT-bills secondary market closed on a positive note as the average yield tapered marginally by 0.01% to 10.84%. However, the FGN Bond market closed negative as the average yield climbed higher by 0.12% to settle at 14.90%. Overall, the Naira Fixed Income market closed negative as the average yield went up by 0.05% to 12.87%
