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Investors Gain N180.61bn as NGXASI Inches Up by +0.66%; Overnight Rate Closes Flat at 14%; IEFX Rate Appreciates to N420.25

Jun 21, 2022   •   by   •   Source: Proshare   •   eye-icon 592 views

Snapshot

 

1. EQUITIES MARKET 

 

Nigerian Equities Market halts downtrend to close in the green zone as key market indicator closed above 51,000 basis points 

 

The NGX All-Share index inched up by +0.66% to close at 51,091.75 basis points as against -1.97% loss recorded at the end of the previous trading session. In Naira terms, the NGX Market CAP records N180.61bn gain

YTD, the NGXASI Stands at +19.61%

The total volume traded declined by -51.60% to close at 166.97m, valued at N2.73bn and traded in 4,398 deals. TRANSCORP was the most traded stock by volume with 19.34m units traded while SEPLAT was the most traded stock by value which is put at N556.03m.

Sectoral performance was broadly positive as ten (10) NGX sector index closed northward, five (5) closed southward while two (2) closed flat. The NGX Premium Board Index inched up by +2.52% while the NGX AFRBVI Board Index dipped by -0.29% to top all sector indices otherwise.

Gote index inched up by 7.81% to close at 140.73 basis points while Toni index also closed green with +0.14% gain recorded to close at 113.65 basis points.

At the close of trading, market recorded 14 gainers to 21 losers and 64 unchanged. LIVESTOCK topped the list of gainers  BUAFOODS topped the list of losers. Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.11x.

NGX Snapshot

 

Sectoral Indices

 

Gainers

 

Losers

 

Volume and Value Contribution

TRANSCORP led the volume chart with 11.58% contribution and closely followed by UBA and GTCO

Source: NGX, Proshare Research

 

SEPLAT led the value chart with 20.30% contribution and closely followed by GTCO and ZENITHBANK

Source: NGX, Proshare Research

 

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 inched up by 0.57% to close at 768.74 basis points as against flat position recorded previously. 

The total volume traded declined by -73.76% to close at 333,175 units valued at N4.19m and traded in 10 deals. 

At the close of trading, NASD OTC market recorded 2 gainer(s) to 0 loser(s)

Snapshot

 

Gainers

 

Losers

Nil

 

Volume and Value Contribution

SDCITITRUST led the volume chart with 63.93% contribution 

 

SDCITITRUST led the value chart with 34.81% contribution 

 

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 USA NASDAQ Index leads the top five gainers with 2.98% gain while the Israel Index tops the top five losers with -1.24% loss as of 4pm Nigerian Time

 

1.4 African Indices

Similarly on the African scene, the Namibia Index tops the top five gainers with 1.90% gain while the Zimbabwe All Share Index tops the top five losers with -1.91% loss as of 4pm Nigerian Time

 


 

 

2.1 Debt Market Size

The FMDQ Debt Market Size was not available as at the time of finalizing this report.

 

2.2 Overnight and Open Repo (OPR)

The overnight lending rate advanced by 3.08% to close at 14.00% while the Open Repo (OPR) rate also advanced by 0.08% to close at 13.83%



 

 

3.1 AFEX Indices

The ACI dipped by 0.55% to close at 489.77 basis points as against previous figure of 492.47 while the AEI closed flat at 191.58 basis points as against previous figure of 191.58 basis points.

 

3.2 AFEX Commodity Prices

Paddy Rice grew by 86.67% to top the gainers’ chart while Sesame declined by 59.51% to top the losers’ chart.

 

3.3 Global Commodity Prices

Gold recorded +0.05% gain while Silver also advanced by +1.25% as of 11:09 NY time

 

In the energy market, Brent advanced by 3.99% while WTI also advanced by 3.81% as of 10:11AM Central Daylight Time (CDT)

Source: Proshare Research, Oilprice.com, Goldprice.org

 



The naira appreciated by 0.25% at the I&E FX Window to close at N420.28/USD while the NAFEX rate also appreciated by 0.02% to close at N418.83.

Source: FMDQ, BDC




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