Markets at a Glance

Wednesday, 23 September 2020

EQUITIES

• The All-Share Index rose 0.5% to 25,783.02, with market capitalization at13.47 trillion naira

•The top 5 gainers were Seplat, Nigerian Breweries, MTNN, Mobil and Flour Mills.  

• Top 5 losers were Eterna, BOC Gas, Africa Prudential, NPF Microfinance and Custodian Insurance. 

• The top 5 trades were on Sterling, FBNH, Access, Zenith Bank and MTNN.  

MONEY MARKET 

• Overnight rate unchanged at 1.75%; Open Buy Back rate down unchanged at 1%

• NIBOR: Overnight rate down 0.23% to 1.3250%, 1month rates fell 0.12% to 1.8340%, 3months down 0.03% to 2.4104%, while 6months fell 0.11% to 2.7309%

FMDQ BOND YIELDS 

• Index level: 602.61

• 1day: 0.08%

• Month-to-date: 2.33%

• Quarter-to-date: 7.07%

• Year-to-date:25.24%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 386/$

• Parallel Market: 467/$

Compiled by Charles Ogbonna