Snapshot

Nigerian Equities Market closed positive as the key market indicator advanced by 283.27 bps amid positive market breadth

The NGX All-Share Index advanced by 0.55% to close at 51729.87 basis points as against a -0.48% loss recorded previously to close at 51446.6 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N154.29bn gain.

YTD, the NGXASI Stands at +0.93%

The total volume traded declined by 18.39% to close at 281.94m, valued at N8.16bn and traded in 3,679 deals. FBNH was the most traded stock by volume with 108.92m units traded while BUA was also the most traded stock by value which is put at N4.07bn 

Sectoral performance was broadly positive as twelve (12) NGX sector index closed northward, three (3) closed southward and three (3) closed flat. The NGX AFRHDYI index advanced by 1.50% to top the gainer’s chart while the NGX PENSION index declined by 1.18% to top the losers’ chart.

The Gote index closed flat at 136.66 basis points while the Toni index advanced by 0.60% to close at 121.45 basis points.

At the close of trading, the market recorded 26 gainers to 11 losers and 60 unchanged. THOMASWY  topped the list of gainers while ROYALEX topped the list of losers. 

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.25x.

Volume and Value Contribution

FBNH led the volume’s chart with 38.63% contribution and closely followed by BUA and GTCO

BUA tops the value’s chart with 49.92% contribution and followed by FBNH 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 

The NASD market index advanced by 0.07% to close at 707.46 basis points as against the 0.18% loss recorded previously to close at 706.94 basis points 

The total volume traded advanced by 1856.86% to close at 1,933,219 units valued at N8.09m and traded in 31 deal(s). 

At the close of trading, NASD OTC market recorded zero (0) gainer(s) to two (2) 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 Brazil Bovespa Index leads the top five gainers with 1.80% gain while the India NIFTY Index tops the top five losers with 1.03% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Uganda All Share  Index tops the top five gainers with 22.45% gain while the Kenya All Share Index tops the top five losers with 1.42% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The FMDQ Debt Market Size advanced by 0.07% to close at 30.3

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate advanced by 0.03% to close at 9.83% while the Open Repo (OPR) rate closed flat to close at 9.50%

The AFEX ACI advanced by 1.58% to close at 476.33 while the AFEX AEI closed flat at 246.88 basis points

No gainer while Maize declined by 2.86% to top the losers’ chart.

3.3 Global Commodity Prices

Gold declined by 0.18% while Silver declined by -1.06% as of 11:53 NY time

In the energy market, Brent advanced by 3.17% and WTI also declined by 3.29% as of 11:53 AM Central Daylight Time (CDT)

The naira at the I&E FX Window advanced by 0.09% to close at N461.9/USD while the NAFEX rate declined by 0.05% at N461.29/USD