The NGXASI advanced by 0.38% today to close at 104,242.40pts, as the gains recorded in ETI (+8.94%), NB (+9.86%) and FIDELITYBK (+5.77%) drove the domestic equities market into the green zone.

In the fixed income space, the Treasury Bills secondary market traded on a bullish note, driven by the buying pressure seen across the benchmark curve. Consequently, Average T-Bills yield rose by 21bps to close at 20.90%. Similarly, the FGN Bond market exhibited a positive performance as the Average FGN Bond yield decreased by 6bps to close at 18.98%.

At the NFEM window, the Naira weakened slightly by 0.01% to close at NGN1,599.94/USD. Crude oil price (Brent) jumped by 3.17% to USD67.94pb.

Kindly find below the full Financial Market Report.