1. EQUITIES MARKET
Nigerian Equities Market closed negative as the key market indicator advanced by 19.59 bps amid positive market breadth.
The NGX All-Share Index advanced by 0.04% to close at 54915.61 basis points as against 1.04% loss recorded previously to close at 54915.61 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N10.67bn gain.
YTD, the NGXASI Stands at +7.15%
The total volume traded declined by 14.34% to close at N156.97m, valued at N1.56n and traded in 2952 deals. CAPHOTEL was the most traded stock by volume with 36.43m units traded while ZENITHBANK was the most traded stock by value which is put at N232.64m.
Sectoral performance was broadly positive as nine (9) NGX sector index closed northward, four (4) sectors index closed southward and five (5) closed flat. The NGX AFRHDYI index advanced by 1.23% to top the gainer’s chart while the NGX Food and Beverages Index declined by 0.25% to top the losers’ chart.
The Gote index advanced by 0.01% to close at 150.59 basis points while the Toni index advanced by 1.83% to close at 118.34 basis points.
At the close of trading, the market recorded 8 gainers to 25 losers and 75 unchanged. UBCAP topped the list of gainers while MULTIVERSE topped the list of losers.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.09x.
Volume and Value Contribution
CAPHOTEL led the volume’s chart with 23.21% contribution and closely followed by UBA and ACCESSCORP
ZENITHBANK tops the value’s chart with 14.48% contribution and followed by GTCO and UBA
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.
1.2 NASD OTC Exchange - Unlisted Equities
The NASD market index advanced by 0.36% to close at 731.44 basis points as against flat position recorded previously to close at 728.79 basis points.
The total volume traded advanced by 2115.10% to close at 739,755 units valued at N30,596,124.38and traded in 10 deal(s).
At the close of trading, NASD OTC market recorded three (3) 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.
1.3 Global Indices
On the global scene, the Russia MICEX index leads the top five gainers with 2.90% gain while the Spain Madrid index leads top five losers with 1.89% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Zimbabwe All Share Index tops the top five gainers with 2.56% gain while South Africa Resource 10 index tops the top five losers with 1.15% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The Debt Market Size was not available as at the time of filing the report
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate advanced by 0.25% to close at 11.01% and the Open Repo (OPR) advanced by 0.25% to close at 13.80.
3.1 AFEX Indices
Afex ACI advanced by 0.28% to close at 478.97 while Afex AEI declined by 0.32% to close at 222.2.
3.2 AFEX Commodity Prices
Sorghum advanced by 1.35% to close at 219.93 while Cashew declined by 0.80% to close at 610.11.
3.3 Global Commodity Prices
Gold advanced by 1.93% while Silver advanced by 1.84% as of 10: 51 NY time
In the energy market, Brent declined by 2.17% and WTI also declined by 2.81% as of 10: 50 AM Central Daylight Time (CDT)
The naira at the I&E FX Window advanced by 0.16% to close at N461.83/USD while the NAFEX rate declined by 0.02% to close at N461.29/USD