1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator advanced by 463.63 bps amid positive market breadth
The NGX All-Share Index advanced by 0.89% to close at 52,512.48 basis points as against a 0.62% gain recorded previously to close at 52,048.85 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N252.53bn gain.
YTD, the NGXASI Stands at +2.46%
The total volume traded advanced by 2.56% to close at 217.16m, valued at N2.55bn and traded in 4,591 deals. ZENITHBANK was the most traded stock by volume with 20.31m units traded while ZENITHBANK was also the most traded stock by value which is put at N517.74mn
Sectoral performance was broadly positive as thirteen (13) NGX sector index closed northward, three (3) sector index closed southward and two (2) closed flat. The NGX NGXMERIVAL index advanced by 1.72% to top the gainer’s chart while the NGX GROWTH index declined by 0.94% to top the losers’ chart.
The Gote index advanced by 0.01% to close at 141.06 basis points while the Toni index advanced by 1.39% to close at 123.92 basis points.
At the close of trading, the market recorded 36 gainers to 12 losers and 49 unchanged. BERGER topped the list of gainers while LASACO topped the list of losers.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.49x.
Volume and Value Contribution
ZENITHBANK led the volume’s chart with 9.35% contribution and closely followed by GTCO and UBA
ZENITHBANK tops the value’s chart with 20.29% contribution and followed by GTCO and MTNN
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 decline by 0.01% to close at 705.87 basis points as against the -0.24% loss recorded previously to close at 705.79 basis points
The total volume traded declined by -99.26% to close at 15,1264 units valued at N7.77m and traded in 13 deal(s).
At the close of trading, NASD OTC market recorded one (1) 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 Argentina Merval Index leads the top five gainers with 4.45% gain while Japan Nikkei Index tops the top five losers with 1.25% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Tunisia BVMT Index tops the top five gainers with 1.50% gain while the Uganda All Share Index tops the top five losers with 0.43% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The FMDQ Debt Market Size declined by -0.20% to close at 30.24.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate advanced to close at 10.00% while the Open Repo (OPR) rate advanced to close at 9.67%
3.1 AFEX Indices
The AFEX ACI declined by -1.70% to close at 470.67 while the AFEX AEI declined by -0.01% to close at 245.56 basis points
3.2 AFEX Commodity Prices
Sorghum advanced by 5.20% to top the gainers chart while Cocoa declined by 0.07% to top the losers’ chart.
3.3 Global Commodity Prices
Gold advanced by 0.83% while Silver advanced by 1.26% as of 11:53 NY time
In the energy market, Brent advanced by 1.27% and WTI also advanced by 0.24% as of 11:53 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed flat at N461.9/USD while the NAFEX rate advanced by 0.03% at N461.29/USD