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Investors Gain N440.93bn as NGXASI Advances by 1.51%; Overnight Rate Contracts to 18.80%; BDC Rate Depreciates to N750

Mar 30, 2023   •   by   •   Source: Proshare   •   eye-icon 160 views

Snapshot


 

1. EQUITIES MARKET 

 

Nigerian Equities Market closed positive as the key market indicator advanced by 809.41 bps amid positive market breadth.

 

The NGX All-Share Index advanced by 1.51% to close at 54,413.21 basis points as against 0.90% loss recorded previously to close at 53,603.80 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N440.93bn gain.

 

YTD, the NGXASI Stands at +6.17%

 

The total volume traded advanced by 379.98% to close at N973.64m, valued at N4.23bn and traded in 3718 deals. TRANSCORP was the most traded stock by volume with 455.53m units traded while LIVINGTRUST was the most traded stock by value which is put at N755.17m.

 

Sectoral performance was broadly positive as twelve (12) NGX sector index closed northward, three (3) sector index closed southward and two (2) closed flat. NGX-Premium index advanced by 3.32% to top the gainer’s chart while the NGX-Growth Index declined by 0.56% to top the losers’ chart.

 

The Gote index advanced by 0.05% to close at 151.04 basis points while the Toni index advanced by 0.17% to close at 118.94 basis points.

 

At the close of trading, the market recorded 23 gainers to 10 losers and 69 unchanged. OANDO topped the list of gainers while PZ 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

TRANSCORP led the volume’s chart with 46.79% contribution and closely followed by LIVINGTRUST and FIDELITYBK

 

LIVINGTRUST  tops the value’s chart with 18.34% contribution and followed by FIDELITYBK  and  TRANSCORP

 

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 advanced by 0.09% to close at 743.84 basis points as against the flat position recorded previously to close at 743.15 basis points. 

 

The total volume traded advanced by 286604.15% to close at 23,793,577 units valued at N31.3m and traded in 9 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 Austria ATX leads the top five gainers with 2.86% gain while the East Isreal TA-100 tops the losers with 1.75% 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 1.87% gain while Egypt EGX 70 EWI tops the top five losers with 1.14% loss as of 4pm Nigerian Time

 

 

 

2.1 Debt Market Size

The Debt Market Size was not available as at the time of filing the report.

 

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate declined by 0.01% to close at 18.80 and the Open Repo (OPR) advanced by 0.10% to close at 18.38.

 

 

 

3.1 AFEX Indices

The Afex ACI advanced by 0.42% to close at 479.64 and Afex AEI advanced by 1.89% to close at 224.27

 

3.2 AFEX Commodity Prices

Sorghum advanced by 1.40% to close at 218 while Soyabean declined by 3.46% to close at 328.95.

 

3.3 Global Commodity Prices

Gold advanced by 0.21% while Silver advanced by 1.24% as of 10: 51 NY time.

In the energy market, Brent advanced by 0.82% and WTI also advanced by 1.00% as of 10: 50 AM Central Daylight Time (CDT)

 

 

The naira at the I&E FX Window advanced by 0.06% at N461.5/USD while the NAFEX rate advanced by 0.02% to close at N461.25/USD

 

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