Markets
% Change | YTD (%) | ||
NGX ASI | 62,569.73 | -0.29% | 22.08% |
Brent Crude Oil | 79.87 | -1.83% | -7.32% |
Natural Gas | 2.54 | -0.24% | -37.35% |
I&E FX Window | 803.90 | -7.93% | -73.61% |
Parallel Market | 805.00 | -3.63% | -8.45% |
Nigerian Treasury Bill (Average Yield %) | 6.10% | -0.01% | -0.32% |
FGN Bonds (Average Yield %) | 13.00% | -0.02% | 9.29% |
Gold | 2,029.51 | -0.23% | 7.86% |
Cocoa | 3,307.00 | -1.18% | 23.45% |
- NGX ASI declined slightly by 0.29% on Friday, shedding 179.21 points to close at 62,569.73, a 1-week loss of 0.75%, a 4-week gain of 4.31%, and an overall year-to-date gain of 22.08%. key share price movement include Flour Mills Nigeria (- 10%), UAC of Nigeria (-10%), Wema Bank (-10%) and Champion Breweries (-10%).
- Oil prices fell more than a dollar a barrel on Friday. Brent crude futures settled at US $79.87 per barrel, down US $1.49, or 1.8%, while the U.S. West Texas Intermediate crude futures fell US $1.47, or 1.9%, to settle at US $75.42 a barrel.
- Naira lost ground again against the US $ in both the official and parallel markets. At the I&E window, the Naira demonstrated a notable depreciation of 7.93%, ultimately closing at a rate of N803.90. Similarly, on the streets, Naira depreciated by 3.63%, at N805.