Markets at a Glance
Wednesday, March 2, 2022.
EQUITIES
The All-Share Index fell 0.26% to 47,360.79 with market capitalization at 25.52 trillion naira.
• The top five losers were Niger Insurance, Interbrew, RT Briscoe, NGX Group and Cornerstone Insurance. .
• The top five gainers were Royal Exchange Assurance, Seplat, Multiverse, NEM Insurance and FCMB.
• The top five trades were on Transcorp, United Capital, Access Bank, Zenith Bank and FCMB.
MONEY MARKET
• Overnight rate down 2.00% to 10.33%; Open Buy Back rate down 2.00% to 9.67%.
(As at March 1)
• NIBOR: Overnight rate down 0.68 to 12.0667%, 1 month rate down 2.07 to 8.0438%, 3 months rate down 2.43% to 8.5617%, 6 months rate down 2.29% to 9.0628%.
FMDQ BOND YIELDS
• Index level: 607.79
• 1day: 0.22%
• Month-to-date: 0.22%
• Quarter-to-date: 6.67%
• Year-to-date: 6.67%
FOREX
• Importers & Exporters Window: 416.67 naira per $
• Parallel Market: 573 naira per $