Markets
| % Change | YTD (%) | ||
| NGX ASI | 65,336.80 | 0.21% | 27.48% |
| Brent Crude Oil | 85.36 | -1.02% | -0.64% |
| Natural Gas | 2.73 | 5.78% | -33.41% |
| I&E FX Window | 774.78 | -4.17% | -72.76% |
| Parallel Market | 887.50 | -1.14% | -19.93% |
| Nigerian Treasury Bill (Average Yield %) | 6.59% | 0.00% | 7.50% |
| FGN Bonds (Average Yield %) | 13.43% | 0.00% | 13.62% |
| Gold | 1,933.50 | -0.43% | 6.58% |
| Cocoa | 3,461.00 | -1.40% | 32.82% |
- The Nigerian equities market started the first trading week on a positive note as the benchmark NGX All-Share Index (ASI) inched up 138.72 (0.21%) points to close at 65,336.80, representing a week gain of 1.55%, a 4-week gain of 1.13%, and an overall year-to-date gain of 27.48%. Nigerian Enamelware led the gainers with 9.86% share price appreciation closing at NGN 19.50 per share, followed by Wema Bank (9.77%), University Press (9.73%) and Sunu Assurances Nigeria (9.68%).
- Brent crude futures eased toward US $85 per barrel on Monday, hovering close to their four-month high following six weeks of consecutive gains.
- Naira was down at the I & E and on the streets. At the I&E window, Naira depreciated by 4.17%, closing at N774.78 against the US dollar. However, in the street market, the Naira down by 1.14%, reaching N887.5 against the US dollar.
- US natural gas futures extended gains to over US $2.7/MMBtu, the highest in nearly two weeks driven by expectations of heightened demand for air conditioning.
