Snapshot

Nigerian Equities Market closed positive as the key market indicator inched up by 498.44 bps amid positive market breadth.

The NGX All-Share Index inched up by 0.93% to close at 53,998.12 basis points as against 0.49% gain recorded previously to close at 53,499.68 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N271.49bn gain.

YTD, the NGXASI Stands at +5.36%

The total volume traded advanced by 1331.88% to close at N2.87bn, valued at N8.07bn and traded in 3,940 deals. UNIVINSURE  was the most traded stock by volume with 2.72bn units traded while AIRTELAFRI was the most traded stock by value which is put at N3.49bn 

Sectoral performance was broadly positive as nine (9) NGX sector index closed northward, four (4) sector index closed southward and five (5) closed flat. The NGX Oil and Gas index advanced by 5.17% to top the gainer’s chart while the NGXAFRBVI index declined by 0.56% to top the losers’ chart.

The Gote index advanced by 0.02% to close at 139.48 basis points while the Toni index advanced by 0.13% to close at 122.48 basis points.

At the close of trading, the market recorded 27 gainers to 13 losers and 72 unchanged. MRS topped the list of gainers while SUNUASSUR topped the list of losers. 

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.19x.

Volume and Value Contribution

UNIVINSURE  led the volume’s chart with 94.67% contribution and closely followed by AIICO  and GTCO

AIRTELAFRI tops the value’s chart with 43.28% contribution and followed by GEREGU and SEPLAT  

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 0.94% to close at 715.76 basis points as against the 0.05% loss recorded previously to close at 709.06 basis points. 

The total volume traded declined by 4.25% to close at 261,439 units valued at N15.68m and traded in 20 deal(s). 

At the close of trading, NASD OTC market recorded two (2) 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 USA Nasdaq Index leads the top five gainers with 4.29% gain while the Argentina MerVal index leads top five losers with 1.48% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the South Africa Financial 15 Index tops the top five gainers with 2.54% gain while Egypt EGX 100 EWI Index tops the top five losers with 1.76% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The Debt Market Size closed flat at N30.94trn.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate closed flat at 10.88% while the Open Repo (OPR) rate closed flat at 10.50%

The AFEX ACI declined by 1.11% to close at 497.39 while the AFEX AEI declined by 0.12% to close at 244.66

Maize advanced by 0.61% to top the gainers chart.

3.3 Global Commodity Prices

Gold declined by 1.34% while Silver also declined by 0.67% as of 10: 40 NY time

In the energy market, Brent declined by 1.55% and WTI also declined by 1.51% as of 10: 42 AM Central Daylight Time (CDT)

The naira at the I&E FX Window depreciated by 0.11% to close at N462/USD while the NAFEX rate depreciated by 0.02% to close at N461.4/USD