Snapshot
1. EQUITIES MARKET
Nigerian Equities Market maintained positive posture as the key market indicator inched up by 25.93bps amid positive market breadth
The NGX All-Share Index advanced by 0.06% to close at 43,968.75 basis points as against 1.07% gain recorded previously to close at 43,942.82 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N14.13bn gain.
YTD, the NGXASI Stands at +2.93%
The total volume traded declined by 48.22% to close at 209.71m, valued at N2.17bn and traded in 2,942 deals. ACCESSCORP was the most traded stock by volume with 81.34m units traded while ACCESSCORP was also the most traded stock by value which is put at N654.72mln
Sectoral performance was broadly positive as eight (8) NGX sector index closed northward, four (4) closed southward while six (6) closed flat. The NGX Insurance index advanced by 2.02% to top the gainers chart while the NGX MERIVAL index dipped by 0.39% to top the losers’ chart.
Gote index closed flat at 125.00 basis points as the Toni index advanced by 1.01% to close at 107.74 basis points.
At the close of trading, market recorded 16 gainers to 7 losers and 80 unchanged. CORNERST topped the list of gainers while FLOURMILL topped the list of losers.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.11x.
Volume and Value Contribution
ACCESSCORP led the volume’s chart with 38.79% contribution and closely followed by TRANSCORP and GTCO
ACCESSCORP tops the value’s chart with 30.23% contribution and closely followed by NB and GTCO
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 dipped by 0.03% to close at 714.80 basis points as against 0.33% loss recorded previously to close at 714.99 basis points
The total volume traded declined by 100% to close at 2,524 units valued at N0.311m and traded in 7 deals.
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.
1.3 Global Indices
On the global scene, the Hong Long Hang Seng Index leads the top five gainers with 7.74% gain while the Spain Madrid General Index tops the top three losers with 1.10% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the South Africa All Share Index tops the top three gainers with 2.46% gain while the Casablanca ASI tops the top five losers with 0.63% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The FMDQ Debt Market Size was not available as at the time of writing this report.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate expanded by 4% to close at 12.83% while the Open Repo (OPR) rate also expanded by 3.50% to close at 12.00%
3.1 AFEX Indices
The AFEX ACI closed flat at 455.71 while the AFEX AEI also closed flat at 202.33 basis points
3.2 AFEX Commodity Prices
Cashew grew by 13.04% to top the gainers chart while Sorghum declined by 17.02% to top the losers’ chart.
3.3 Global Commodity Prices
Gold recorded 0.60% gain while Silver depreciated by 0.92% as of 10:01 NY time
In the energy market, Brent advanced by 3.07% while WTI also advanced by 3.50% as of 9:02 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed flat at N446.10/USD while the NAFEX rate also depreciated by 0.07% to close at N444.10/USD