Equities market closed today on a negative note, as NSEASI depreciated by -0.74% to close at 27,574.32 points as against 1.28% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -12.27%.
Last week, the Treasury Bills ("T-Bills") secondary market closed on bearish note as investors sold off to take position in the Primary Market and OMO auctions. Consequently, average yield across all tenors advanced 8 bps W-o-W to settle at 13.4%. Sell pressures were witnessed on the short and mid- segments of the curve as average yield rose 5bps and 39bps respectively.