Daily Market Update (Equities)
The Nigerian Equities market closed negative today, as its benchmark index, the NGX All Share Index (ASI) went down by 0.15% to 71,008.70 points. This decline was spurred on by losses in STANBIC IBTC, NB and Zenith Bank offsetting gains in Geregu, Oando and GTCO. Notably the market’s year-to-date (YtD) returns fell to 38.55% from 38.75% on Friday.
Today, ACCESSCORP traded the most by Volume while ACCESSCORP traded the most based on Value.
The top losers for today were RTBRISCOE, PRESTIGE and STANBIC while MULTIVERSE, ABCTRANS and CILEASING topped the gainers’ chart.
Daily Market Update (Fixed Income)
Today, the NT-bills secondary market closed positive as average yield decreased marginally by 0.01% to 12.74%. On the other hand, the FGN Bond market ended the day on a negative note as average yield increased by 0.09% to 15.82%