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Daily Market Update (Equities)

Today, the Nigerian Equities market performance improved as its benchmark index rose by 0.04% to 67,353.23 points. Notably, its year-to-date (YtD) returns rose to 31.42% (vs. Yesterday’s YtD: 31.37%). The gains recorded in ZENITH BANK, UBA and GTCO offset the losses incurred in ACCESSCORP, LAFARGE and UNITED CAPITAL.

The Total Volume and Value traded for today are 397.56mn units and NGN4.70bn. ACCESSCORP traded the highest in terms of Volume, while GTCO traded the highest in terms of Value.

The top gainers were GUINEAINS, ETERNA and JAIZBANK. While the top losers were CWG, RTBRISCOE and AFRIPRUD.

Daily Market Update (Fixed Income)

The NT-bills secondary market performance improved as average yield decreased by 0.01% to settle at 6.52%. Similarly, the FGN Bond market closed higher as average yield fell by 0.01% to settle at 14.46%.

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