The NGXASI advanced by 0.25% today to close at 104,647.37pts, as buying interest in GTCO (+3.28%), FBNH (+2.25%) and TRANSCORP (+3.69%) drove the market into the green zone.

In the Fixed income space, the Treasury Bills secondary market closed down, largely driven by bearish sentiments across the curve. Consequently, Average T-Bills yield increased by 37bps to close at 17.70%. Likewise, the FGN Bond market traded on a bearish note as the Average FGN Bond yield rose by 5bps to close at 19.28%.

At the NAFEM window, the Naira strengthened by 1.50% to close at NGN 1,431.49/USD. Crude oil price (Brent) settled lower by 0.30% to USD85.52pb.

Kindly find below the full Financial Market Report.