Markets at a Glance

Tuesday, 22 September 2020

EQUITIES

• The All-Share Index  rose 0. The top 5 gainers were MTNN, Redstar, Dangote Sugar, First Bank  and Transexpress.  

• Top 5 losers were Presco, UBN, Dangote Cement and UACN. 

• The top 5 trades were on Zenith Bank,  First Bank, Transcorp, FCMB and GTB.  

MONEY MARKET 

• Overnight rate fell 0.25% to 1.75%; Open Buy Back rate down unchanged at1%

• NIBOR: Overnight rate down 0.32% to 1.5504%, 1month rates fell 0.65% to 1.9498%, 3months down 0.45% to 2.3835%, while 6months fell 0.50% to 2.6201%

FMDQ BOND YIELDS 

• Index level: 602.13

• 1day: -0.06%

• Month-to-date: 2.25%

• Quarter-to-date: 6.98%

• Year-to-date:25.214%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 386./$

• Parallel Market: 465/$

Compiled by Charles Ogbonna