Snapshot

Nigerian Equities Market closed positive as the key market indicator advanced by 31.43 bps amid negative market breadth.

The NGX All-Share Index advanced by 0.06% to close at 54,936.11 basis points as against 0.03% gain recorded previously to close at 54886.04 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N17.13bn gain.

YTD, the NGXASI Stands at +7.19%.

The total volume traded advanced by 5.01% to close at N134.15m, valued at N1.33bn and traded in 2478 deals. TRANSCORP was the most traded stock by volume with 28.12m units traded while GTCO was the most traded stock by value which is put at N366.90m.

Sectoral performance was broadly positive as eight (8) NGX sectors index closed northward, three (3) sectors index closed southward and seven (7) closed flat. The NGX AFRBVI index advanced by 0.68% to top the gainer’s chart while the NGX Food and Beverages Index declined by 0.02% to top the losers’ chart.

The Gote index closed flat at 150.56 basis points while the Toni index declined by 0.26% to close at 117.19 basis points.

At the close of trading, the market recorded 9 gainers to 14 losers and 78 unchanged. GTCO topped the list of gainers while NCR topped the list of losers.

Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.06x.

Volume and Value Contribution

TRANSCORP  led the volume’s chart with 20.96% contribution and closely followed by UBA and COURTVILLE

GTCO tops the value’s chart with 25.32% contribution and followed by UBA  and ZENITHBANK

NGX Earnings Summary

No Financial statement was released on the NGX Exchange today.

NGX Corporate News

No Corporate News was released on the NGX Exchange today. 

The NASD market index declined by 0.07% to close at 731.48 basis points as against the loss of 0.02% recorded previously to close at 730.94 basis points. 

The total volume traded declined by 274,515.57% to close at 23,089,677units valued at N10,125,317.98 and traded in 13 deal(s). 

At the close of trading, NASD OTC market recorded zero (0) gainer(s) to one (1) loser(s)

NASD Earnings Summary

No Financial statement was released on the NASD OTC Exchange today.

NASD Corporate News

No Corporate News was released on the NASD OTC Exchange today.

On the global scene, the Japen Nikkei 225 index leads the top five gainers with 1.93% gain while the India Russia MICEX index tops the loser with 1.06% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Kenya 20 Share Index tops the top five gainers with 0.96% gain while Uganda All Share Index index tops the top five losers with 2.83% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The Debt Market Size advanced by 1.70% to close at N32.85trn.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate advanced by 0.04% to close at 18.38% and the Open Repo (OPR) advanced by 0.10% to close at 18.75.

The Afex ACI and Afex AEI was not available as at the time of filing the report.

Soyabean declined by 2.85% to close at 330.32.

3.3 Global Commodity Prices

Gold advanced by 0.29% while Silver advanced by 0.94% as of 10: 51 NY time.

In the energy market, Brent advanced by 1.43% and WTI also advanced by 0.69% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window declined by 0.11% to close at N461.5/USD while the NAFEX rate advanced by 0.01% to close at N461.26/USD