Markets at a Glance

Markets at a Glance

Friday, June 3 2022.

EQUITIES

The All-Share Index rose 0.13% to 52,908.24 with market capitalization at 28.52 trillion naira.

• The top five gainers were NEM Insurance, Chams, Champions  Breweries, Nigerian Breweries and Eterna Oil.                     

• The top five losers were UPDC REIT, Wapic Insurance, UACN, Caverton and Interbrew.        

• The top five trades were on UACN, First Bank, Transcorp, UPDC REIT and Zenith Bank.    

MONEY MARKET

• Overnight rate up 0.83 to 7.00%; Open Repo rate down 0.67.% to 6.67%.

(As at June 2)

• NIBOR: Overnight rate down  1.00% to 7.5000%, 1 month rate little changed at 9.3567%, 3 months rate little changed at  10.0341%, 6 months rate little changed at  11.0821%.

FMDQ BOND YIELDS

• Index level: 615.21

• 1day:  0.02%

• Month-to-date:  0.05%

• Quarter-to-date: -0.54%

• Year-to-date: 7.97%

FOREX

• Importers & Exporters Window: 419.75 naira per $

• Parallel Market: 606 naira per $