The NGXASI advanced by 0.46% today to close at 99,276.03pts, as the buy-interests observed in SEPLAT (+10.00%), GTCO (+2.05%) and ZENITHBANK (+1.54%) drove the local bourse into the positive territory.

In the fixed income space, the Treasury Bills secondary market was bearish at today’s close, as yields increased across the short and long tenors. Consequently, Average T-Bills yield was advanced by 5bps to close at 21.86%. Elsewhere, the FGN Bond market traded on a flattish note as the Average FGN Bond yield was unchanged at 18.68%.

At the NAFEM window, the Naira depreciated by 11.66% to close at NGN 1,484.75/USD. Crude oil price (Brent) declined by 1.63% to USD82.24pb.

Kindly find below the full Financial Market Report.