Markets at a Glance

Tuesday, 29 September 2020

EQUITIES

• The All-Share Index gained  0.39% to 26, 611.96 with a market capitalization at 13.91 trillion naira.

• The top 5 gainers were Seplatl, BUA Cement, MTNN, Dangote Sugar and Zenith Bank.  

• Top 5 losers were WAPCO, Etranzact, First Bank, Ardova, Learn Africa..

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

MONEY MARKET 

• Overnight rate down 0.88% to  3.13%; Open Buy Back rate also fell 1% to 2%

• NIBOR: Overnight rated down 11.45% to 5.2500%, 1month rates up 0.23% to 1.8449%, 3months up 0.38% to 2.1756%, while 6 months also rose 0.23% to 2.5208%. 

FMDQ BOND YIELDS 

• Index level: 622.02

• 1day: 0.38%

• Month-to-date: 5.63%

• Quarter-to-date: 10.52%

• Year-to-date: 29.27%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 386.50/$

• Parallel Market: 467/$

Compiled by Charles Ogbonna