The NGXASI boosted by 1.45% today to close at 103,524.44pts, as the buy-interest in UBA (+10.00%), MTNN (+9.98%) and FBNH (+6.25%) drove the market into the green zone.

In the Fixed income space, the Treasury Bills secondary market closed bullish, as there were buy ins observed across the long tenors of the curve, consequently Average T-Bills yield fell by 3bps to close at 18.79%. Meanwhile, the FGN Bond market traded on a bearish note as well, the Average FGN Bond yields advanced by 1bp to close at 18.04%.

At the NAFEM window, the Naira appreciated by 0.90% to close at NGN 1,603.38/USD. Crude oil price (Brent) increased by 0.35% to USD82.50pb.

Kindly find below the full Financial Market Report.