The NGXASI advanced by 0.28% today to close at 121,989.67pts, as the bargain hunting observed in WAPCO (+5.95%), GTCO (+2.39%) and TRANSCORP (+2.98%) drove the local bourse into the green.
 
In the fixed income space, the Treasury Bills secondary market exhibited a positive performance driven by the buying interest noticed across the short end and belly of the benchmark curve. Consequently, the Average T-Bills yield fell by 8bps to close at 19.35%. Likewise, the FGN Bond market traded on a positive note as the Average FGN Bond yield moderated by 4bps to 17.19%.
 
At the NFEM window, the Naira strengthened by 0.55% to close at NGN1,520.75/USD. Crude oil price (Brent) increased by 0.41% to trade at USD70.44pb.
 
Kindly find below the full Financial Market Report.