The NGXASI advanced by 0.23% today to close at 100,067.77pts, as the gains observed FBNH (+4.55%), GTCO (+2.61%) and STANBIC (+4.42%) drove the local bourse into the positive region.

In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by the bearish sentiment seen on the mid and long tenor instruments. Consequently, Average T-Bills yield advanced by 16bps to close at 22.20%. Similarly, the FGN Bond market traded on a flattish note but with a bearish tilt. As such, the Average FGN Bond yield rose by 1bp to close at 18.76%.

At the NAFEM window, as at the previous day, the Naira depreciated by 0.03% to close at NGN1,509.45/USD. Crude oil price (Brent) advanced by 1.17% to USD87.25pb.

Kindly find below the full Financial Market Report.