Skip to main content

Daily Market Update (Equities)

The Nigerian equities market started the week on a negative note, as the NGX All Share Index (ASI) declined by 0.49% to 104,136.35 points. As a result, the market’s year-to-date (YtD) returns fell to 39.27% compared to 39.95% YtD recorded on Friday. Losses in Dangote Sugar, Transnational Corp and Ecobank offset the gains in Lafarge, Flour Mills and Wema Bank.

The total Volume and Value traded today declined of 39.27% and 20.04% each to settle at 306.82mn units and NGN11.38bn, respectively. JAIZBANK traded the highest in terms of Volume, while MTNN traded the highest in terms Value.

The top losers for today were DANGSUGAR, JAIZBANK and IKEJAHOTEL while the top gainer was ELLAHILAKES, MORISON and CAVRTON.

Daily Market Update (Fixed Income)

Today, the NT-bill secondary market closed on positive note, as the average yield declined by 0.02% to settle at 17.68%. However, the FGN bond market closed flat at 19.26%.  Overall, the Naira Fixed Income market ended on a positive note as the average yield decreased by 0.01% to settle at 18.47%.

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