Markets at a Glance

Wednesday, 14 October 2020

EQUITIES

• The All-Share Index barely changed at  28,344.33 with a market capitalization at 14.81 trillion naira.

• The top 5 gainers were Guinness, Guaranty, Eterna Oil, Lafarge WAPCO and Africa Prudential.

• Top 5 losers were Stanbic IBTC, Ardova, Etranzact, FCMB and Caverton. 

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

MONEY MARKET

• Overnight rate down 1.04% to  2.63%; Open Buy Back rate down 0.58% to 1.75%.

• NIBOR: Overnight rate down 0.21% to 3.1875%, 1month rates unchanged at 1.8181%, 3months up 0.10% to 2.0518%, 6 months up 0.39% to 2.6030%. 

FMDQ BOND YIELDS

• Index level: 659.51

• 1day: 0.95%

• Month-to-date: 5.24%

• Quarter-to-date: 5.24%

• Year-to-date: 37.07%

FOREX

• CBN Official rate: 379/$

• Importers & Exporters Window: 385.83/$

• Parallel Market: 462/$