The Local bourse rallied by 14bps amid sustained bargain hunting activities, having registered 22 gainers as against 17 losers at the sound of the closing gong.
Thank you for reading this post, don't forget to subscribe!Hence, the year-to-date loss of the NSE ASI moderated to 12.30% from 12.42%.
Meanwhile, the Nigerian Interbank Offered Rate moved in heterogeneous directions across tenure buckets; while, NITTY rose across maturities tracked amid renewed sell pressure in the secondary T-bills market.
In the bonds market, the prices of OTC FGN debts were flattish across maturities tracked; however, the FGN Eurobond prices rose for most maturities tracked in the international capital market amid sustained buy pressure.