Markets at a Glance

Friday, 2 October 2020

EQUITIES

• The All-Share Index gained  0.57% to 26,985.77 with a market capitalization at 14.1 trillion naira.

• The top 5 gainers were Dangote Cement, MTNN, GTB, Dangote Sugar and Julius Berger.  

• Top 5 losers were UACN, Flour Mills, ETI, FCMB and Cornerstone.

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

MONEY MARKET 

• Overnight rate down 0.17% to  1.58%; Open Buy Back rate unchanged at 1%.

• NIBOR: Overnight rated down 0.91% to 2.6875%, 1month rates up 0.29% to 2.3760%, 3months up 0.29% to 2.7185%, while 6 months rose 0.47% to 3.2346%. 

FMDQ BOND YIELDS 

• Index level: 626.75

• 1day: 0.01%

• Month-to-date: 0.01%

• Quarter-to-date: 0.01%

• Year-to-date: 30.26%

FOREX 

• CBN Official rate: 379/$

• Importers & Exporters Window: 385.80/$

• Parallel Market: 465/$

Compiled by Charles Ogbonna