Markets
% Change | YTD (%) | ||
NGX ASI | 65,198.08 | -0.1% | 27.21% |
Brent Crude Oil | 86.24 | 1.29% | 0.38% |
Natural Gas | 2.57 | 0.47% | -37.32% |
I&E FX Window | 743.07 | 4.55% | -65.85s% |
Parallel Market | 877.50 | -1.45% | -18.58% |
Nigerian Treasury Bill (Average Yield %) | 6.59% | 0.00% | 7.50% |
FGN Bonds (Average Yield %) | 13.43% | 0.08% | 13.62% |
Gold | 1,942.02 | 0.43% | 7.05% |
Cocoa | 3,510.00 | 0.54% | 34.70% |
- The Nigerian equities market declined on Friday as the benchmark NGX All-Share Index (ASI) pared 64.98 (-0.1%) points to close at 65,198.08, representing a week gain of 0.22%, a 4-week gain of 3.42%, and an overall year-to-date gain of 27.21%. Eterna share price declined by 9.83%, followed by Meyer (-9.83%), Ikeja Hotel (-9.7%) and University Press (-9.24%).
- Oil prices rose more than a dollar a barrel on Friday to record a sixth consecutive week of gains, after top producers Saudi Arabia and Russia extended supply cuts through September. Brent crude futures rose US $1.10, or 1.3%, to settle at $86.24 a barrel, while the U.S. West Texas Intermediate crude gained US $1.27, or 1.6%, to close at US $82.82 a barrel. Both benchmarks hit their highest levels since mid-April on Friday.