Markets at a Glance

Wednesday, 30 September 2020

EQUITIES

• The All-Share Index gained  0.83% to 26,831.76 with a market capitalization at 14 trillion naira.

• The top 5 gainers were Total, Dangote Cement, MTNN, GTB and UACN.  

• Top 5 losers were Nigerian Breweries,  PZ, Union Bank,, Dangote Sugar and UPL

• The top 5 trades were on  Sterling Bank, Access Bank, Zenith Bank,, WAPCO and Fidelity Bank.  

MONEY MARKET 

• Overnight rate down 1.38% to  1.75%; Open Buy Back rate also fell 1% to 1%

• NIBOR: Overnight rated down 1.65% to 3.6000%, 1month rates up 0.24% to 2.0900%, 3months up 0.26% to 2.4300%, while 6 months also rose 0.24% to 2.7600%. 

FMDQ BOND YIELDS 

• Index level: 626.71

• 1day: 0.75%

• Month-to-date: 6.43%

• Quarter-to-date: 11.35%

• Year-to-date: 30.25%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 386./$

• Parallel Market: 468/$

Compiled by Charles Ogbonna