Markets at a Glance
Wednesday, March 9, 2022.
EQUITIES
The All-Share Index rose 0.28% to 47,287.09 with market capitalization at 25.48 trillion naira.
• The top five gainers were Presco, PharmaDeko, Linkage Assurance, Royal Exchange Assurance and RT Briscoe.
• The top five losers were Ellah Lakes, May & Baker, Neimeth, Niger Insurance and Cutix Cables.
• The top five trades were on First Bank, GTCO, United Capital, Zenith Bank and Caverton.
MONEY MARKET
• Overnight rate down 4.33% to 4.50%; Open Repo rate down 4.33% to 5.17%.
(As at March 8)
• NIBOR: Overnight rate down 5.50% to 7.0000%, 1 month rate down 0.03% to 9.5680%, 3 months rate unchanged to 10.5139%, 6 months rate up 0.05% to 10.8393%.
FMDQ BOND YIELDS
• Index level: 623.82
• 1day: 0.39%
• Month-to-date: 2.86%
• Quarter-to-date: 9.48%
• Year-to-date: 9.48%
FOREX
• Importers & Exporters Window: 416.00 naira per $
• Parallel Market: 578 naira per $