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Investors Gain N709.73bn as NGXASI Advances Further by 2.90%; Overnight Rate Closes Flat at 17.25%; BDC Depreciates to 777

Nov 23, 2022   •   by   •   Source: Proshare   •   eye-icon 141 views

Snapshot


 

1. EQUITIES MARKET 

 

Nigerian Equities Market closed positive as the key market indicator advanced by 1,303.04bps amid positive market breadth

 

The NGX All-Share Index advanced by 2.90% to close at 46,232.37 basis points as against 0.60% gain recorded previously to close at 44,662.96 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N709.73bn gain.

 

YTD, the NGXASI Stands at +8.23% 

 

The total volume traded advanced by 48.47% to close at 187.91m, valued at N1.84bn and traded in 3,458 deals. TRANSCORP was the most traded stock by volume with 26.53m units traded while ZENITHBANK was also the most traded stock by value which is put at N250.05m 

 

Sectoral performance was broadly positive as fifteen (15) NGX sector index closed northward, zero (0) closed southward and three (3) closed flat. The NGX-IND index advanced by 9.25% to top the gainer’s chart.

 

The Gote index advanced by 9.60% to close at 136.83 basis points and the Toni index advanced by 2.44% to close at 112.31 basis points.

 

At the close of trading, the market recorded 27 gainers to 10 losers and 65 unchanged. NSLTECH topped the list of gainers while SCOA topped the list of losers. 

 

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.26x.

 

Volume and Value Contribution

TRANSCORP led the volume’s chart with 14.12% contribution and closely followed by ACCESSCORP and ETI

 

ZENITHBANK tops the value’s chart with 13.57% contribution and followed by GTCO and BUACEMENT

 

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 0.01% to close at 711.91 basis points as against the flat position recorded previously to close at 711.91 basis points 

The total volume traded advanced by 3034.95% to close at 1,004,750 units valued at N1.7m and traded in 5 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.

 

On the global scene, the Nigeria All Share Index leads the top five gainers with 2.90% gain while the East Isreal TA-100 Index tops the top five losers with 1.55% loss as of 4pm Nigerian Time

 

1.4 African Indices

Similarly, on the African scene, the Nigeria All Share Index tops the top five gainers with 2.90% gain while the South Africa Industrial 25 Index tops the top five losers with 0.97 % loss as of 4pm Nigerian Time

 

 

 

2.1 Debt Market Size

The FMDQ Debt Market Size advanced by 0.03% to close at N29.92trn.

 

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate closed flat at 17.25% while the Open Repo (OPR) rate closed flat at 17.13%

 

 

 

3.1 AFEX Indices

The AFEX ACI closed flat at 455.71 while the AFEX AEI closed flat at 204.19 basis points

 

3.2 AFEX Commodity Prices

Paddy Rice grew by 11.36% to top the gainers chart while Cocoa declined by 0.31% to top the loser’s chart.

 

3.3 Global Commodity Prices

Gold recorded 0.18% loss while Silver advanced by 0.76% as of 10: 54 NY time

 

In the energy market, Brent declined by 3.53% while WTI also declined by 4.51% as of 10: 55 AM Central Daylight Time (CDT)

 

 

The naira at the I&E FX Window depreciated by 0.11% to close at N446/USD while the NAFEX rate depreciated by 0.02% to close at N444.50/USD

 

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