The NGXASI advanced by 0.23% today to close at 106,042.57pts, as the positive sentiment in MTNN (+2.00%), PRESCO (+9.55%) and NB (+6.98%) drove the domestic equities market upwards.

In the fixed income space, the Treasury Bills secondary market closed negative as there were selloffs observed along the short and long end of the curve. Consequently, Average T-Bills yield rose by 34bps to close at 21.07%. However, the FGN Bond market was slightly positive as the Average FGN Bond yield was down by 1bp to close at 19.04%.

At the NFEM window, the Naira depreciated by 0.34% to close at NGN1,602.18/USD. Crude oil price (Brent) fell by 1.22% to USD61.37pb.

Kindly find below the full Financial Market Report.