The Nigerian Equities market started the week on a positive note as its benchmark index increased by 0.59% to 66,770.97 points. As a result, its year-to-date (YtD) returns closed at 30.28%. The gains recorded in BUECEMENT, GTCO and ACCESS Holdings offset the losses incurred in MTN NIGERIA COMMUINCATION PLC, NIGERIA BREWERIES PLC and NASCON.
The Total Volume traded was NGN348.32mn units while the Total Value traded was NGN 4.63bn.
Today, BUACEMENT, BEATGLAS and FTNCOCOA topped the gainers’ chart while LINKASSURE, CWG and REDSTAREX were the top losers.
Daily Market Update (Fixed Income)
The NT-bills secondary market ended today on a positive note as average yield in the market declined by 0.06% to settle at 7.88%. However, the FGN Bond market closed flat as average yield remained at 14.44%.