Markets
| % Change | YTD (%) | ||
| NGX ASI | 52,821.60 | -0.2% | 3.06% |
| Brent Crude Oil | 75.93 | -3.10% | -11.62% |
| Natural Gas | 2.29 | -4.71% | -44.15% |
| I&E FX Window | 463.67 | 0.31% | -3.49% |
| Parallel Market | 745 | 0.67% | -0.68% |
| Nigerian Treasury Bill (Average Yield %) | 6.95% | -0.04% | 13.08% |
| FGN Bonds (Average Yield %) | 14.30 | –0.03% | 20.98% |
| Gold | 1,943.43 | -1.96% | 7.12% |
| Cocoa | 3,017.00 | 0.23% | 15.78% |
- NGX All-Share Index (ASI) pared 106.00 (-0.2%) points to close at 52,821.60, representing a 1-week gain of 1.37%, a 4-week gain of 1.39%, and an overall year-to-date gain of 3.06%. The negative sentiment in the market was largely driven by profit taken and sell off in CONOIL (9.92%) UNILEVER (-8.28%), ETERNA (-6.21%) and PZ (-6.11%).
- The Naira appreciated at both the I & E window and parallel market. It appreciated by 0.31% to close at N463.67/$ at the I & E window and strengthened at the parallel market by 0.67% closed at N745/$
- Natural gas futures slid about 4.71% to US$2.29 on Thursday on record U.S. output, rising Canadian exports and forecasts for milder U.S. weather and lower demand over the next two weeks than previously expected.
