The NGXASI advanced by 0.04% today to close at 105,593.28pts, as buy pressure especially in banking stocks including FIDELITYBK (+4.38%), ZENITHBANK (+3.24%) and GTCO (+1.37%) drove the domestic bourse into the green zone.

In the fixed income space, the Treasury Bills secondary market closed up driven by positive sentiment observed at the short and long end of the benchmark curve. As such, Average T-Bills yield moderated by 1bp to close at 19.24%. Similarly, the FGN Bond market showed a positive performance as the Average FGN Bond yield fell by 2bps to close at 18.66%.

At the NFEM window, the Naira depreciated by 0.08% to close at NGN1,532.39/USD. Crude oil price (Brent) edged higher by 0.18% to USD73.13pb.

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