The NGXASI declined by 0.11% today to close at 104,553.31pts, as the sell pressure on MTNN (-3.03%), ZENITHBANK (-2.31%) and GTCO (-1.71%) drove the market into the negative zone.

In the Fixed income space, the Treasury Bills secondary market closed on a positive note, as buying interest was noticed across the curve. Consequently, Average T-Bills yield moderated by 6bps to close at 18.48%. However, the FGN Bond market traded on a bearish note as the Average FGN Bond yield was rose by 20bps to close at 18.60%.

At the NAFEM window, the Naira appreciated by 0.77% to close at NGN 1,560.57/USD. Crude oil price (Brent) rose by 0.74% to USD87.53pb.

Kindly find below the full Financial Market Report.