Markets at a Glance

Monday, 28 September 2020

EQUITIES

• The All-Share Index gained  0.7% to 26,507.84 with market capitalization at 13.75 trillion naira.                                     

• The top 5 gainers were Total, MTNN, Okomu Oil, BUA Cement and WAPCO.  

• Top 5 losers were Seplat, May & Baker, Calverton, UAC Properties and UPL.

• The top 5 trades were on Zenith Bank, Sterling Bank, UBA, FCMB and GTB.  

MONEY MARKET 

• Overnight rate down 7.5% to  4%; Open Buy Back rate also fell 7.33% to 3%

• NIBOR: Overnight rated up 15.14% to 16.7000%, 1month rates down 0.22% to 1.6178%, 3months down 0.47% to 1.7922%, while 6 months fell 0.53% to 2.2877%. 

FMDQ BOND YIELDS 

• Index level: 619.65

• 1day: 1.02%

• Month-to-date: 5.23%

• Quarter-to-date: 10.10%

• Year-to-date: 28.78%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 386/$

• Parallel Market: 467/$

Compiled by Charles Ogbonna