1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator advanced by 115.58 bps amid positive market breadth
The NGX All-Share Index advanced by 0.24% to close at 48,270.23 basis points as against a 1.04% gain recorded previously to close at 48,154.65 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N62.95bn gain.
YTD, the NGXASI Stands at +13.00%
The total volume traded advanced by 303.56% to close at 645.03m, valued at N4.19bn and traded in 3,486 deals. UPDCREIT was the most traded stock by volume with 460.71m units traded while UPDCREIT was also the most traded stock by value which is put at N1.61bn
Sectoral performance was broadly positive as eight (8) NGX sector index closed northward, seven (7) closed southward and three (3) closed flat. The NGX-IND index advanced by 1.66% to top the gainer’s chart while NGX Banking index declined by 1.29% to top the losers’ chart.
The Gote index closed flat at 136.84 basis points while the Toni index declined by 0.27% to close at 110.99 basis points.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.02x.
Volume and Value Contribution
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 1.23% to close at 719.31 basis points as against the 1.11% gain recorded previously to close at 710.58 basis points
The total volume traded declined by 98.24% to close at 38,620 units valued at N2.6m and traded in 12 deal(s).
At the close of trading, NASD OTC market recorded one (1) 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.
1.3 Global Indices
On the global scene, the Hong Kong Hang Seng Index leads the top five gainers with 4.51% gain while the Germany DAX Index tops the top five losers with 0.81% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Egypt EGX 30 Index tops the top five gainers with 5.04% gain while the South Africa Resource 10 Index tops the top five losers with 2.59% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The FMDQ Debt Market Size was not available as at the time this report was completed.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate contracted by 0.25% to close at 12.75% while the Open Repo (OPR) rate also expanded by 0.50% to close at 11.88%
3.1 AFEX Indices
The AFEX ACI appreciated by 1.42% to closed at 462.19 while the AFEX AEI appreciated by 5.33% to close at 225.87 basis points
3.2 AFEX Commodity Prices
Paddy rice advanced by 1.87% to top the gainers’ chart while Maize declined by 3.67% to top the losers’ chart.
3.3 Global Commodity Prices
Gold recorded 0.49% loss while Silver declined by 2.07% as of 09: 46 NY time
In the energy market, Brent advanced by 2.82% and WTI also advanced by 3.08% as of 09: 47 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed flat at N445.33/USD while the NAFEX rate depreciated by 0.09% to close at N444.50/USD