1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator advanced by 10.91 bps amid positive market breadth.
The NGX All-Share Index advanced by 0.02% to close at 52,626.42 basis points as against a -0.16% loss recorded previously to close at 52,615.51 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N5.94bn gain.
YTD, the NGXASI Stands at +2.68%
The total volume traded declined by -40.79% to close at N129.04m, valued at N1.82bn and traded in 3,183 deals. ZENITHBANK was the most traded stock by volume with 18.55m units traded while ZENITHBANK was also the most traded stock by value which is put at N455.7m
Sectoral performance was broadly positive as ten (10) NGX sector index closed northward, four (4) sector index closed southward and four (4) closed flat. The NGX INSURANCE index advanced by 0.36% to top the gainer’s chart while the NGX AFRIBVI index declined by 0.27% to top the losers’ chart.
The Gote index declined by -1.85% at 138.56 basis points while the Toni index advanced by 0.74% to close at 121.71 basis points.
At the close of trading, the market recorded 25 gainers to 16 losers and 56 unchanged. INTENEGINS topped the list of gainers while CILEASING topped the list of losers.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.16x.
Volume and Value Contribution
ZENITHBANK led the volume’s chart with 14.38% contribution and closely followed by GTCO and UBA
ZENITHBANK tops the value’s chart with 25.05% contribution and followed by GTCO and MTN
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 -0.02% to close at 703.26 basis points as against the 0.74% loss recorded previously to close at 703.43 basis points.
The total volume traded declined by -56.67% to close at 36,988units valued at N2.45m and traded in 9 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 Jakarta JKSE Index leads the top five gainers with 0.80% gain while Argentina MerVal index leads top five losers with 10.58% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Kenya All Share Index tops the top five gainers with 2.37% gain while the Casablanca Casablanca Index tops the top five losers with 1.13% loss as of 4pm Nigerian Time
2.1 Debt Market Size
Was not ready as at the filing of the report
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate declined to close at 9.50% while the Open Repo (OPR) rate advanced to close at 9.83%
3.1 AFEX Indices
The AFEX ACI declined by 1.71% to close at 482.61 while the AFEX advanced by 0.29% to close at 244.19
3.2 AFEX Commodity Prices
Cashew advanced by 7.57% to top the gainers chart while Sorghum declined by 7.61% to top the losers’ chart.
3.3 Global Commodity Prices
Gold advanced by 0.83% while Silver advanced by 0.68% as of 11:53 NY time
In the energy market, Brent advanced by 0.65% and WTI also advanced by 0.43% as of 11:53 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed at N461.5/USD while the NAFEX rate closed at N461.29/USD