Daily Market Update (Equities)
The Nigerian Equities market closed positive today, as its benchmark index, the NGX All Share Index (ASI) went up by 0.02% to 71,025.16 points. This marginal gain was spurred on by gains in Nigerian Breweries, MTNN and Oando PLC offsetting losses in Zenith Bank, E-Tranzact and UBA. Notably the market’s year-to-date (YtD) returns advanced to 38.58% from 38.56% yesterday.
Today, REGALINS traded the most by Volume while OANDO traded the most based on Value.
The top gainers for today were NSLTECH, DEAPCAP and CILEASING while ABCTRANS, ETRANZACT and GUINEANS topped the losers’ chart.
Daily Market Update (Fixed Income)
Today, the NT-bills secondary market closed positive as average yield decreased marginally by 0.01% to 13.33%. On the other hand, the FGN Bond market ended the day on a negative note as average yield increased by 0.04% to 15.79%