Markets
| % Change | YTD (%) | ||
| NGX ASI | 52,973.88 | 0.29% | 3.36% |
| Brent Crude Oil | 76.95 | 0.90% | -10.43% |
| Natural Gas | 2.42 | -2.38% | -40.98% |
| I&E FX Window | 464.51 | 0.11% | -3.67% |
| Parallel Market | 769 | -3.22% | -3.92% |
| Nigerian Treasury Bill (Average Yield %) | 6.95% | -0.04% | 13.08% |
| FGN Bonds (Average Yield %) | 14.33 | 0.00% | 21.24% |
| Gold | 1,945.93 | 0.29% | 7.26% |
| Cocoa | 2,991.00 | -0.86% | 14.78% |
- The benchmark NGX All-Share Index (ASI) rose 152.28 (0.29%) points on Friday to close at 52,973.88, a 1-week gain of 1.51%, a 4-week gain of 1.41%, and an overall year-to-date gain of 3.36%.
- Brent crude closed at $76.95 a barrel, up 69 cents, or 0.9%. The West Texas Intermediate crude oil price in the United States rose 84 cents, or 1.2%, to $72.67 a barrel. On a weekly basis, both benchmarks gained for the second week in a row, with Brent rising 1.7% and WTI rising 1.6%.
- Naira appreciated at the I & E window on Friday exchanging at N464.51 to the dollar a 0.11 percent increase against the N465.00 to the dollar traded on Thursday. However, at the parallel Market, Naira depreciated at 3.22% to close at N769/$.
- Natural gas futures slid about 2.38% to US$2.42 on Friday despite the U.S. Energy Information Administration (EIA), reporting an underwhelming storage build for a second week in a row that suggested the oversupplied market may be turning the corner on fundamentals.
