Markets
| % Change | YTD (%) | ||
| NGX ASI | 64,743.96 | 0.46% | 26.33% |
| Brent Crude Oil | 84.80 | 0.81% | -1.29% |
| Natural Gas | 2.55 | -2.67% | -37.80% |
| I&E FX Window | 739.52 | 0.16% | -65.05% |
| Parallel Market | 840.00 | 5.62% | -13.51% |
| Nigerian Treasury Bill (Average Yield %) | 8.16% | 0.95% | 33.12% |
| FGN Bonds (Average Yield %) | 13.89% | 0.00% | 17.51% |
| Gold | 1,888.96 | 0.00% | 4.12% |
| Cocoa | 3,366.00 | -1.36% | 29.17% |
- On Friday, the benchmark NGX All-Share Index (ASI) climbed 295.00 (0.46%) points to close at 64,743.96, concluding a week loss of 0.89%, a 4-week loss of 0.4%, but an overall year-to-date gain of 26.33%. John Holt share price led the gainers, followed by Consolidated Hallmark Insurance (+8.24%), University Press (+6.67%) and Computer Warehouse Group (+5.56%).
- Oil prices rose about 1% on Friday despite signs of slowing US output and concerns about growth in global demand. West Texas Intermediate (WTI) crude futures gained 86 cents, or 1.1%, to settle at US $81.25 a barrel, and Brent crude futures rose 68 cents, or 0.8%, to settle at US $84.80 a barrel.
- Following measures that include supply to Bureau de Change by the Central Bank of Nigeria (CBN), Naira appreciated at both I&E window and on the streets. On the I&E window, it appreciated 0.16%, closing at N739.52 against the US dollar while it apprecaited by 5.62% to reach N840.00 against the US dollar on the streets.
- U.S. natural gas futures fell to a more than two-week low on Friday. Gas futures for September delivery on the New York Mercantile Exchange were down 6.3 cents, or 2.4%, at US $2.55 per million British thermal units (mmBtu) . The contract was on track to post a weekly decline of about 8%.
