The NGXASI declined by 1.46% today to close at 142,613.47pts, as depreciation on the prices of DANGCEM (-9.88%), ZENITHBANK (-7.26%) and GTCO (-2.06%) drove the domestic bourse into the red zone at the end of the trading session.

In the fixed income space, the Treasury Bills secondary market closed negative, majorly due to losses observed across all three ends of the benchmark curve. As a result, the Average T-Bills yield increased by 13bps to close at 18.12%. Consequently, the FGN Bond market traded on a negative note as the Average FGN Bond yield climbed by 4bp to close at 16.65%.

At the NFEM window, the Naira depreciated by 0.08% to close at NGN1,543.93/USD. Crude oil price (Brent) traded lower by 1.25% to close at USD65.77pb.
            
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