- At the close of today’s trading session, which was extended by one hour due to the earlier technology glitch, the Nigerian equities Bourse Inched higher by 0.45% as measured by NSE ASI and Market capitalization, as they both closed at 29,964.79 points and N11,174.14tr respectively. Year-to-Date ASI is at a negative of 3.56%.
- Volume, Value of trades and No of trades all declined by 35.82%, 60.49% and 28.15% to 132.408, 1,085.70 and 2,542.00 Deals respectively.
- FIRSTALUM topped the gainers’ table with percentage price change of 9.09%, while LINKASSURE led the losers’ chart with percentage change of 9.23%
- Market breadth was EVEN with Eleven (11) gainers and Eleven (11) price losers.
Money and Fixed Income Market
- The OBB and OVN rate closed on a high of 31.67% and 35.25%, while system liquidity is in the negative region of about N225.BN
- The Bond market recorded some level of demand towards the medium- long tenured bond, while yield decline by about 2bps.
- The T-bills market recorded some relative decline in yield, as some bills had market player’s preference, ahead of expected auction.
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