The NGXASI advanced by 0.27% today to close at 109,059.33pts, as the bargain hunting in OANDO (+8.08%), STANBIC (+5.38%) and NB (+4.81%) drove the domestic equities market into the positive zone.

In the fixed income space, the Treasury Bills secondary market exhibited a slight positive performance, which was propelled by the downward pressure in yields across the benchmark curve. Thus, Average T-Bills yield moderated by 1bp to close at 20.93%. Similarly, the FGN Bond market traded on a positive note as the Average FGN Bond yield declined by 2bps to close at 19.03%.
 
At the NFEM window, the Naira strengthened by 0.21% to close at NGN1,596.70/USD. Crude oil price (Brent) decreased by 0.45% to USD66.33pb.

Kindly find below the full Financial Market Report.