NSE-ASI Closes The Week In Red, Market Declines by 0.06%

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This week closed with the NSE in the red. The All-Share Index further declined from yesterday’s close, from 40,212.19 to 40,186.70, recording a change of 0.06%. The market capitalisation sits at 21.03 trillion naira. This marks a 3.19% decline from last week’s figures. Year-to-date the market is down by 0.21%.

The Banking and Consumer Goods sectors recorded growth in today’s trading session, while the Insurance, Oil & Gas, and Industrial sectors declined. Banking was up by 1.95%, with price growth in stocks like FIDELITYBK (5.53%) and UBA (3.75%), while the Consumer Goods sector increased by 0.01%.

Meanwhile, the Insurance sector declined by 1.83%, while the Oil & Gas and Industrial sectors declined by 1.82% and 0.15% respectively.

Here is a list of all Microfinance Banks’ USSD Codes in Nigeria. MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38%

Investors’ sentiment was negative today but slightly improved from yesterday. Market breadth was 0.90x, up from yesterday’s 0.33x, as only 18 while 20 stocks declined.

Fixed Income Market

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FGN Bond yields generally trended upwards. The yield of the FGN-APR-2023 bond increased by 31 bps to 7.7%, while the yield of the FGN-JAN-2026 remained at 9.60%, and the FGN-JUL-2030 bond yield increased by 19 bps to 10.79%.

Read Also:  Top Three States with the Lowest Food Inflation Rate in Nigeria.

Treasury bills yields remain unchanged across 92-day, 182-day and 364-day tenors at 0.76%, 1.96% and 2.07% respectively.

NSE-ASI Closes The Week In Red, Market Declines by 0.06% Brandspurng

MARKET SNAPSHOT

  • NSE-ASI Closes The Week In Red, Market Declines by 0.06%
  • Upward Trend in FGN Bond Yileds
  • Dollar Weakens For a Second Day Versus Most Major Currencies
  • Crude Slips With Texas Oil Wells Seen Restarting Output
  • Naira remains stable at N480/$
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NSE-ASI Closes The Week In Red, Market Declines by 0.06% - Brand SpurNSE-ASI Closes The Week In Red, Market Declines by 0.06% - Brand Spur

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NSE-ASI Closes The Week In Red, Market Declines by 0.06% - Brand SpurNSE-ASI Closes The Week In Red, Market Declines by 0.06% - Brand Spur

Latest News

Greenliant Launches High Capacity 1TB microSD ArmourDrive(TM) Industrial Memory Cards

Offering Reliability, Portability and Durability at Wide Temperature Ranges

 

BEIJING, CHINA and SANTA CLARA, US - EQS Newswire - 1 March 2021 - Greenliant has expanded its ArmourDrive™ industrial memory card portfolio with the high reliability, high capacity microSD QX Series, available from 256GB to 1TB, and operating at wide temperatures (-25 to +85 degrees Celsius). See microSD ArmourDrive product information at http://bit.ly/SD-microSD.
Read Also:  ZENITHBANK, ACCESS, FBNH & 20 other drag NSE-ASI lower, sheds 0.28%

NSE-ASI Closes The Week In Red, Market Declines by 0.06% - Brand Spur

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NSE-ASI Closes The Week In Red, Market Declines by 0.06% - Brand Spur
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