Markets at a Glance

Markets at a Glance

Wednesday, August 24, 2022.

EQUITIES

The All-Share Index rose 1.25% to 48,675.24 with market capitalization at 26.25 trillion naira.

• The top five gainers were NEM INsurance, Stanbic IBTC, Ecobank Transnational, Cutix Cables and Mutual Benefit.                                        

• The top five losers were Fidson, FTN Cocoa, Unity Bank, FCMB and AIICO.                                

• The top five trades were on  Access Corp, UBA, First Bank, GTCO and Zenith Bank.       

MONEY MARKET

• Overnight rate unchanged at 15.00%; Open Repo rate up 0.50% to 15.00%.

(As at August 23)

• NIBOR: Overnight rate down 0.20% to 14.9400%, 1 month rate up 0.05% to  13.0243%, 3 months rate up 0.10% to  14.4726%, 6 months rate down 0.02% to  12.2902%.                                                          

FMDQ BOND YIELDS

• Index level: 595.75

• 1day:  0.19%

• Month-to-date:  -2.48%

• Quarter-to-date: -4.17%

• Year-to-date: 4.56%

FOREX

• Importers & Exporters Window: 431.00 naira per $

• Parallel Market: 690 naira per $