Daily Market Update (Equities)
The Nigerian Equities Market started the week on a positive note as its benchmark index rose by 0.90% to settle at 66,151.38 points in today’s trading session. Consequently, the Year-to-Date (YtD) returns surged to 29.07% (Last Friday: 27.92% YtD). Gains in BUAFOODS, DANGSUGAR, TRANSCORP, NASCON and FIDELITY offset the losses recorded in ACCESSCORP, ETI, TRANSCHO and NB.
The Total Volume traded for today was 311.12mn units while Total Value traded was NGN3.915bn. ACCESSCORP traded the highest in terms of Volume while DANGSUGAR traded the highest in terms of Value.
DANGSUGAR, NASCON and GLAXOSMITH topped the gainers chart in today’s trading session while CWG, JOHNHOLT and NEM topped the losers chart.
Daily Market Update (Fixed Income)
Today, the Nigerian Treasury Bills market started the week positively as average yield declined by 0.090% to 7.29%. Similarly, the average yield in the FGN Bond market fell by 0.05% to 14.04%.