The NGXASI advanced by 0.27% today to close at 98,225.63pts, as the buy-interest observed in MTNN (+3.96%), FBNH (+6.94%) and ZENITHBANK (+2.56%) drove the equities market into the green zone.

In the fixed income space, the Treasury Bills secondary market slightly fell today, as there were sell pressure on the short and mid tenor instruments. As a result, Average T-Bills yield increased by 3bps to close at 22.20%. Elsewhere, the FGN Bond market traded on a flattish note, as the Average FGN Bond yield remained unchanged to close at 18.94%.

At the NAFEM window, the Naira appreciated by 1.98% to close at NGN 1,390.96/USD. Crude oil price (Brent) fell by 0.62% to USD87.85pb.

Kindly find below the full Financial Market Report.