Equities Market

  • The Nigerian equities Bourse close the day on a high as both NSE ASI and market capitalization increased by 0.69% respectively, as they both closed at 33,191.45points and N12, 117.44tr respectively. Year-to-Date ASI is at a negative of 13.26%.
  • Volume and Value of trades both decreased by 28.20% and 52.52% to N185.193M and 2,350.46, while No of trades increased by 0.06% to 3,180.00 respectively.
  • TRANSCORP topped the gainers’ table with percentage price change of 9.60%, while PZ led the losers’ chart with percentage change of 7.66%
  • Market breadth was NEGATIVE with Fourteen (14) gainers against Nineteen (19) price losers.

Money and Fixed Income Market

  • The OBB and OVN rate closed at 15.00% and 15.79%, as system liquidity compressed to around N38.bn
  • The Bond market traded on an inactive note at today’s trading activity, as market players were less attracted to the market, as a result of the anticipated Bond auction. However fewer trades were recorded around the medium tenor bond.
  • The T-Bills market at today’s trading recorded higher yield, which inched further around 15bps across curve, as system liquidity compressed.

Foreign News
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