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.
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.
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