Daily Market Update (Equities)
The Nigerian Equities market closed the day on a positive note as the NGX All Share Index (ASI) increased by 1.21% to 74,297.71 points. Consequently, the market’s year-to-date (YtD) returns settled at 44.95% from 43.21% yesterday.
Total Volume and Value traded increased by 37.19% and 1.54% each to 760.93mn units and NGN13.02bn respectively. Today, ABBEYBDS traded the highest in terms of Volume while NESTLE traded the highest in term Value.
The top gainers for today include IMG, OKOMUOIL and MULTIVERSE while JOHNHOLT, ELLAHLAKES and TRIPPLEG topped the losers’ chart.
Daily Market Update (Fixed Income)
Today, the NT-bills secondary market closed positive as the average yield dipped by 0.02% to settle at 8.15%. However, the FGN bond market closed flat as the average yield remained unchanged at 14.36%. Overall, the Naira Fixed Income market flat as the average yield was constant at 11.26%.
