Markets at a Glance

Monday, 21 September 2020

EQUITIES

• The All-Share Index  rose 0.1% to 25,574.35, with market capitalization at 13.36 trillion

• The top 5 gainers were Presco,UACN, Interbrew, MTNN, and GTB. 

 • Top 5 losers were Julius Berger, RedStar, Flour Mill, Champion and Access. 

• The top 5 trades were on First Bank, Chams, UBA, Mutual Benefit and Zenith Bank.  

MONEY MARKET 

• Overnight rate fell 1% to 2%; Open Buy Back rate down 1% to 1%

• NIBOR: Overnight rate down 0.38% to 1.8750%, 1month rates fell 0.08% to 2.6030%, 3months down0.214% to 2.8293%, while 6months fell 0.03% to 3.1167%

FMDQ BOND YIELDS 

• Index level: 602.49

• 1day: 0.02%

• Month-to-date: 2.31%

• Quarter-to-date: 7.05%

• Year-to-date: 25.22%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 386./$

• Parallel Market: 465/$

Compiled by Charles Ogbonna