The NGXASI advanced by 0.11% today to close at 98,285.33pts, as price appreciation in the shares of NESTLE (+9.76%), ZENITHBANK (+2.20%) and MTNN (+0.22%) propelled the domestic equities market into the green terrain.

In the fixed income space, the Treasury Bills secondary market closed slightly positive, largely due to buy pressure on the short and mid tenor instruments. Consequently, Average T-Bills yield moderated by 1bp to close at 22.12%. However, the FGN Bond market traded on a relatively quiet note as the Average FGN Bond yield remained unchanged at 18.69%.

At the NAFEM window, the Naira strengthened by 0.23% to close at NGN 1,465.68/USD. Crude oil price (Brent) declined by 1.51% to USD82.45pb.

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