The NGXASI advanced by 0.87% today to close at 108,609.51pts, on the back of the bargain hunting witnessed in BUAFOODS (+9.91%), HONYFLOUR (+5.51%) and ETERNA (+6.25%) which propelled the domestic bourse into the green.

In the fixed income space, the Treasury Bills secondary market closed slightly positive amid the buying pressure noticed across the benchmark curve. Thus, Average T-Bills yield moderated by 1bp to close at 21.96%. In the same vein, the FGN Bond market traded on a positive note as the Average FGN Bond yield decreased by 11bps to close at 19.92%.

According to the FMDQ FX closing rate, the Naira appreciated by 0.05% to close at NGN1,509.53/USD. Crude oil price (Brent) increased by 0.71% to USD76.38pb.

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