Markets at a Glance

Monday, 12 October 2020

EQUITIES

• The All-Share Index fell  0.27% to 28,337.49 with a market capitalization at 14.81 trillion naira.

• The top 5 losers were Flour Mills,  BUA Cement,  MTNN,  Interbrew and Africa Prudential.

• Top 5 gainers were Seplat , Eterna Oil, Access Bank, Cutix and FCMB.

• The top 5 trades were on UBA, Guaranty,  Zenith Bank, First Bank and Transcorp.

MONEY MARKET

• Overnight rate down 1.38% to  3.50%; Open Buy Back rate down 1.50% to 2.50%.

• NIBOR: Overnight rated up 9.69% to 11.5000%, 1month rates down 0.15% to 1.9001%, 3months down 0.02% to 2.1337%, 6 months down 0.03% to 2.3875%. 

FMDQ BOND YIELDS

• Index level: 648.80

• 1day: 1.09%

• Month-to-date: 3.53%

• Quarter-to-date: 3.53%

• Year-to-date: 34.84%

FOREX

• CBN Official rate: 379/$

• Importers & Exporters Window: 386/$

• Parallel Market: 460/$

Compiled by Charles Ogbonna