Daily Market Update (Equities)
The Nigerian Equities market closed positive as its benchmark index rose by 0.13% to 66,570.19 points. As a result, its year-to-date (YtD) returns increased to 29.89% (vs. Yesterday: 29.72% YtD). The gains recorded in DANSUGAR, International Breweries PLC and NASCON offset the losses incurred in Champion Breweries PLC, Flour Mills of Nigeria PLC and United Capital PLC.
The Total Volume and Value traded for today are 1.01bn units and NGN4.73bn. OANDO traded the highest in terms of Volume and Value.
Today, CHAMPION, ABCTRANS and UPDC topped the losers’ chart while REGALINS, DAARCOMN and CWR were the top gainers.
Daily Market Update (Fixed Income)
The NT-bills secondary market ended today on a positive note as average yield in the market declined by 0.11% to settle at 7.73%. However, the FGN Bond market closed flat at 14.42%.