The NGXASI advanced by 0.10% today to close at 99,909.54pts, as bargain hunting on FBNH (+6.93%), FIDELITYBK (+9.88%) and ACCESSCORP (+2.65%) drove the market into the green zone.

In the fixed income space, the Treasury Bills secondary market exhibited a bearish performance, as sell pressure was observed at the long end of the curve. Consequently, Average T-Bills yield rose by 9bps to close at 18.86%. However, the FGN Bond market traded on a positive note as the Average FGN Bond yield moderated by 1bp to close at 19.26%.

At the NAFEM window, the Naira appreciated by 6.57% to close at NGN 1,072.74/USD. Crude oil price (Brent) declined by 2.47% to USD87.80pb.

Kindly find below the full Financial Market Report.