Daily Market Wrap

Thursday, 17 September 2020

EQUITIES

• The All-Share Index fell 0.07% to 25,532.74, with market capitalization at 13.34 trillion naira.
• The top 5 losers were Dangote Sugar, Custodian Insurance,  Calverton, Eko Transnational and First Bank.
• Top gainers were Interbrew, Flour Mills, Cadbury, NPF Microfinance and GTB.
• The top 5 trades were on First Bank, Access Bank, Zenith Bank, FCMB and GTB.

MONEY MARKET 

• Overnight rates fell 1.75% to 2.25 %; Open Buy Back rates were down 2% to 1.5%
• NIBOR: Overnight rates down 1.15% to 4.0000, 1month rates rose 0.37% to 3.0262%, 3months gained 0.26% to 3.2446%, while 6months rose 0.18% to 3.4678%


FMDQ BOND YIELDS 

• Index level: 602.83
• 1day: 0.03%
• Month-to-date: 2.37%
• Quarter-to-date: 7.11%
• Year-to-date: 25.29%

FOREX 

• CBN Official rate: 379/$
• Importers & Exporters Window: 386.05/$
• Parallel Market: 462/$

Compiled by Charles Ogbonna.