Snapshot

Nigerian Equities Market closed positive as the key market indicator advanced by 266.37bps amid positive market breadth

The NGX All-Share Index advanced by 0.60% to close at 44,662.96 basis points as against 0.38% gain recorded previously to close at 44,662.96 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N145.08bn gain.

YTD, the NGXASI Stands at +5.18% 

The total volume traded declined by 20.68% to close at 1126.56m, valued at N3.85bn and traded in 3,383 deals. ZENITHBANK was the most traded stock by volume with 13.55m units traded while MTNN was also the most traded stock by value which is put at N2.4bn 

Sectoral performance was broadly positive as fifteen (15) NGX sector index closed northward, one (1) closed southward and two (2) closed flat. The NGXBVI index advanced by 2.29% to top the gainers chart and the NGXSOVBND Index declined by 0.29% to top the losers chart.

Gote index closed flat at 124.85 basis points and the Toni index advanced by 0.88% to close at 109.63 basis points.

At the close of trading, the market recorded 26 gainers to 6 losers and 67 unchanged. UPDCREIT topped the list of gainers while RTBRISCOE topped the list of losers. 

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.30x.

Volume and Value Contribution

ZENITHBANK led the volume’s chart with 10.71% contribution and closely followed by FIDELITYBK and MTNN

MTNN tops the value’s chart with 62.33% contribution and followed by ZENITHBANK and STANBIC

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 closed flat at 711.91 basis points as against the 0.04% gain position recorded previously to close at 711.91 basis points 

The total volume traded declined by 72.43% to close at 32,050 units valued at N2.16m and traded in 14 deal. 

At the close of trading, NASD OTC market recorded zero (0) gainer(s) to zero (0) 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 Austria ATX Index leads the top five gainers with 1.55% gain while the Hong Kong Hang Seng Index tops the top five losers with 1.33% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Egypt EGX 30 Index tops the top five gainers with 1.39% gain while the South Africa Resource 10 Index tops the top five losers with 1.94% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The FMDQ Debt Market Size declined by 0.13% to close at N29.91trn.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate expanded by 0.75% to close at 17.25% while the Open Repo (OPR) rate expanded by 0.88% to close at 17.13%

The AFEX ACI closed flat at 455.71 while the AFEX AEI closed flat at 204.19 basis points

Cocoa grew by 1.49% to top the gainers chart while Soybeans declined by 7.08% to top the losers chart.

3.3 Global Commodity Prices

Gold recorded 0.24% gain while Silver advanced by 1.15% as of 10: 54 NY time

In the energy market, Brent advanced by 2.73% while WTI also advanced by 2.31% as of 10: 55 AM Central Daylight Time (CDT)

The naira at the I&E FX Window depreciated by 0.03% to close at N445.50/USD while the NAFEX rate depreciated by 0.03% to close at N444.42/USD