Markets at a Glance

Friday, 25 September 2020

EQUITIES

• The All-Share Index gained  1.2% to 26,319.34, with market capitalization at 13.75 trillion

  •The top 5 gainers were Nigerian Breweries,  Presco, Dangote Cement, Stanbic IBTC and Flour Mills.  

• Top 5 losers were NNFM, Cadbury, Oando, Dangote Sugar and UACN. .

• The top 5 trades were on Sterling, Zenith Bank, First Bank, UBA and Access Bank.  

MONEY MARKET 

• Overnight rate jumped 9.67% to  1.859%; Open Buy Back rate also shot up to 10.33%

• NIBOR: Overnight rated down 0.39% to 1.5625%, 1month rates up 0.23% to 1.8411%, 3months down 0.15% to 2.1105%, while 6 months fell 0.231% to 2.5061%. 

FMDQ BOND YIELDS 

• Index level: 613.41

• 1day: 1.51%

• Month-to-date: 4.17%

• Quarter-to-date: 8.99%

• Year-to-date:27.49%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 386/$

• Parallel Market: 467/$

Compiled by Charles Ogbonna