The Nigerian Equities Market closed positive today as its benchmark index rose by 0.06% to 64,663.78 points. Consequently, its Year-to-Date return printed at 26.17% (Yesterday: 26.10%). The positive market performance was primarily driven by gains in FBNH, DANGSUGAR, FIDELITY, INTBRREW and STERLING offsetting the losses in MTNN, ZENITHBANK, ACCESSCORP and NASCON.
Today, FIDELITYBK traded highest in terms of Volume and Value.
The top gainers for today were JOHNHOLT, CWG and PRESTIGE while GUINEAINS, RTBRISCOE and CHIPLC topped the losers’ chart.
Daily Market Update (Fixed Income)
Today, the Nigerian Treasury bills secondary market closed positive as average yield declined marginally by 0.01% to close at 7.30%. Meanwhile, the FGN bond market closed negative as average yield increased by 0.08% to close at 13.80%.