Equities rebound as ASI appreciates by 0.17%

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization appreciated by 0.17%, at today's trading with the All Share Index closing at 29,446.95points against the previous close of 29,396.31  points while Market Capitalization closed at N10,120.30 trillion against previous close of N10,102.90 trillion.

With this performance, the Year-to-Date return stood at -15.03%.

The NSE 30 Index increase by 0.31 per cent from 1,330.30 basis points to 1,334.44 basis points.

The NSE Banking Index depreciates by 1.17 per cent from 309.07 points to 305.44 basis points.

Volume traded decreased by 33.29% from 386,280,347.00 million to 257,693,273.00 million, while the total value of stock traded increased by 47.65% from ₦1,913 to ₦2,824 billion in 2,882.00 deals with 12 stocks rising, 67 stocks closed flat while 27 others are declining.

NB Plc. rose by 6.76 per cent or N9.13 to close at N144.16 per share. 

NB, DANGSUGAR, FIDSON, AFRIPRUD and STANBIC emerged the highest price gainers on the chart, while UACN, OANDO, UAC-PROP, TRANSCORP, and UBA topped the losers chart.  

Bond yields rise as liquidity thins

The nation’s overnight lending rates and yields on long-term bonds depreciated today. OBB and O/N declined to 3.00% and 3.58% respectively from 6,00 and 6.58 respectively.

Credit: AAML