Skip to main content

Daily Market Update (Equities)

Today, the Nigerian Equities market closed on a positive note, as the NGX All Share Index (ASI) gained 0.09% to settle at 72,470.10 points. Consequently, the market’s year-to-date (YtD) returns closed at 41.40% (vs. yesterday: 41.27%). This was driven by gains in MTNN, UBA and Access Holdings offsetting losses incurred in STANBIC, Nigeria Brewises and E-tranzact.

Total Volume traded increased by 26.82% to 411.21mn units, while the total Value traded rose by 58.02% to NGN6.94bn. Today, ACCESSCORP traded the highest in terms of Volume While GTCO traded highest in teams of Value.

The top gainers for today include INFINITY, CAVERTON and NNFM while OMATEK, PRESTIGE and ETRANZACT topped the losers’ chart.

Daily Market Update (Fixed Income)

Today, the NT-bills secondary market closed negative as the average yield increased by 0.01% to settle at 8.29%. However, the FGN bond market closed positive as the average yield dipped by o.o5% to settle at 14.35%. Overall, the Naira Fixed Income market closed on a positive note as the average yield declined by 0.02 to settle at 11.32%.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Leave a Reply