Markets at a Glance

Wednesday, 28 October 2020

EQUITIES

• The All-Share Index rose 1.58% to 29,437.60 with a market capitalization at 15.38 trillion naira.

• The top 5 gainers were Nestlé, Total, Dangote Cement, Conoil and Flour Mills.

• Top 5 losers were Cutix, Africa Prudential, Royal Exchange, May & Baker and Honeywell Flour.

• The top 5 trades were on Zenith Bank, Fidelity Bank,  Eco Transnational,  Access Bank  and BUA Cement.

Results:

Seplat Petroleum 3Q 2020

Trans-Nationwide Express  3Q 202

Capital Hotels 3Q 2020

Nestle Nigeria 3Q 2020

MONEY MARKET

• Overnight rate down 0.13% to 1.63%; Open Buy Back rate unchanged at 1.0%.

• NIBOR: Overnight rate down 4.17% to 2.5000%, 1month rates down 0.63% to 1.2859%, 3months down 0.65% to 1.2945%, 6 months down  0.70% to 2m1.3095%. 

FMDQ BOND YIELDS

• Index level: 746.87

• 1day: -0.03%

• Month-to-date: 19.18%

• Quarter-to-date: 19.18%

• Year-to-date: 55.22%

FOREX

• CBN Official rate: 379/$

• Importers & Exporters Window: 385.67/$

• Parallel Market: 465/$