Markets
| % Change | YTD (%) | ||
| NGX ASI | 63,766.72 | 1.31% | 24.42% |
| Brent Crude Oil | 79.95 | 1.80% | -6.95% |
| Natural Gas | 2.65 | 3.66% | -35.37% |
| I&E FX Window | 742.93 | 0.41% | -65.81% |
| Parallel Market | 825.00 | -3.00% | -11.49% |
| Nigerian Treasury Bill (Average Yield %) | 6.09% | -0.02% | -0.31% |
| FGN Bonds (Average Yield %) | 12.91% | -0.01% | 9.30% |
| Gold | 1,977.02 | 1.14% | 8.97% |
| Cocoa | 3,307.00 | 1.43% | 26.91% |
- NGX ASI rose by 1.31%, increasing by 823.37 points to close at 63,766.72, showing a week loss of 2.9%, a 4-week gain of 8.08%, and an overall year-to-date gain of 24.42%. NEM Insurance, Honeywell Four Mill, and NPF Microfinance Bank all gained 10%.
- Oil prices climbed more than 1% on Tuesday as a weaker US dollar and expected decline in US output outweighed softer-than-expected Chinese economic data. Brent futures up by US $1.21, or 1.4%, at US $79.71 a barrel, while U.S. West Texas Intermediate (WTI) crude rose US $1.22, or 1.7%, to US $75.37.
- At the I & E window, Naira gaiined slightly by 0.41% to close at N742.93, while it depreciated by 3% to reach N825, both against the US dollar.
- U.S. natural gas futures climbed about 4% on Tuesday on forecasts for the weather to remain hotter-than-normal through early August.
