The NGXASI advanced by 0.59% today to close at 109,000.19pts, as the bargain hunting in ETI (+9.86%), GTCO (+3.85%) and ZENITHBANK (+2.08%) pushed the Nigerian equities market into the green zone.

In the fixed income space, the Treasury Bills secondary market traded on a positive note driven by the buying interest observed at the long end of the curve. As such, Average T-Bills yield declined by 2bps to close at 20.91%. Meanwhile, the FGN Bond market was marginally negative as the Average FGN Bond yield inched higher by 1bp to close at 19.03%.

At the NFEM window, the Naira weakened by 0.12% to close at NGN1,608.60/USD. Crude oil price (Brent) fell by 1.13% to USD61.45pb.

Kindly find below the full Financial Market Report.