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Daily Market Update (Equities)

The Nigerian Equities market closed positive today, as its benchmark index, the NGX All Share Index (ASI) went up by 0.08% to 71,066.55 points. This performance was spurred on by gains in Lafarge Africa, GTCO and UBA offsetting losses in Oando, Champion Breweries and International Breweries. Notably, the market’s year-to-date (YtD) returns rose to 38.66% from 38.55% yesterday.

Today, MBENEFIT traded the most by Volume while ACCESSCORP traded the most based on Value.

The top gainers for today were LEARNAFRCA, NNFM and CADBURY while CHAMPION, OANDO and INTBREW topped the losers’ chart.

Daily Market Update (Fixed Income)

Today, the NT-bills secondary market closed positive as average yield decreased marginally by 0.07% to 12.67%. On the other hand, the FGN Bond market ended the day unchanged as average yield remained constant at 15.82%.

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