Daily Market Update

Daily Market Update | 5-09-2023

September 5, 2023
Read Time: 1 minute(s)

Daily Market Update (Equities)

The Nigerian Equities Market closed positive in today as its benchmark index increased by 0.88% to settle at 68,334.68 points. Consequently, the Year-to-Date (YtD) returns surged to 33.33% (Yesterday: 33.22% YtD). The gains in BUA Foods PLC, DANGOTE Sugar Refinery, International Breweries, Oando and UBA offset the loss recorded in FBN, GTCO, Transnational corp and Access Holdings.

The Total Volume traded for today was 557.85mn units while Total Value traded was NGN10.21bn. OANDO traded the highest in terms of Volume while GTCO traded the highest in terms of Value.

The top gainers in today’s trading session were MULTIVERSE, BETAGLAS and OANDO while the top losers were NSLTECH, IKEJAHOTEL and JOHNHOLT.

Daily Market Update (Fixed Income)

Today, the Nigerian Treasury Bills market closed flat as the average at 7.55%. Whereas the FGN Bond market closed bearish as the average yield increased by 4bps to settle at 14.10%.

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Daily Market Update | 5-09-2023

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