Snapshot
1. EQUITIES MARKET
Nigerian Equities Market closed in the positive territory at the end of today trading activities.
The NGX All-Share Index inched up marginally by +0.03% to close at 51,802.48 basis points as against flat position recorded at the end of the previous trading session. In Naira terms, the NGX Market CAP records N8.15bn gain.
YTD, the NGXASI Stands at +21.31%
The total volume traded declined by -46.43% to close at 223.11m, valued at N3.87bn and traded in 4,213 deals. FBNH was the most traded stock by volume with 36.63m units traded while MTNN was the most traded stock by value which is put at N1.37bn.
Sectoral performance was broadly positive as eleven (11) NGX sector index closed northward, five (5) closed southward while two (2) closed flat. The NGX Growth Index inched up by +0.68% while the NGX Consumer Goods dipped by -0.21% to top all sector indices otherwise.
Gote index closed flat at 143.32 basis points while Toni index closed green with +0.25% gain recorded to close at 112.64 basis points.
At the close of trading, market recorded 20 gainers to 18 losers and 65 unchanged. UPL 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 0.03x.
NGX Snapshot
Sectoral Indices
Gainers
Losers
Volume and Value Contribution
FBNH led the volume’s chart with 16.42% contribution and closely followed by TRANSCORP and UBA.
Source: NGX, Proshare Research
MTNN led the value’s chart with 35.34% contribution and closely followed by FBNH and AIRTELAFRI
Source: NGX, Proshare Research
NGX Earnings Summary
The following companies released their financial statements on the floor of the Exchange today.
NGX Corporate News
BUA Foods Plc has notified that it will hold its 1st AGM on Thursday, 4 August 2022, at Transcorp Hilton Hotel, No. 1, Aguiyi Ironsi Street, Maitama, Abuja, at 11:00 a.m.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD market index closed flat at 763.24 basis points as against +0.08% gain recorded previously.
The total volume traded declined by -92.01% to close at 5,794 units valued at N1.11m and traded in 7 deals.
At the close of trading, NASD OTC market recorded 0 gainer(s) to 0 loser(s)
Snapshot
Gainers
Nil
Losers
Nil
Volume and Value Contribution
SDVFDGROUP led the volume chart with 59.44% contribution
SDVFDGROUP led the value chart with 72.77% contribution
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 China SSE 180 Index leads the top five gainers with 1.38% gain while the Russia MICEX Index tops the top five losers with -7.62% 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 4.18% gain while the Zimbabwe All Share Index tops the top five losers with -3.88% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The FMDQ Debt Market Size was not available as at the of finalising this report.
2.2 Overnight and Open Repo (OPR)
The overnight lending rate closed flat at 14.00% while the Open Repo (OPR) rate contracted by -0.17% to close at 13.83%
3.1 AFEX Indices
The ACI closed flat at 467.89 basis points as against previous figure of 467.89 while the AEI dipped by 0.10% to close at 189.67 basis points as against previous figure of 189.86 basis points.
3.2 AFEX Commodity Prices
Ginger advanced by 17.77% to top the gainers’ chart while Cocoa declined by 21.26% to top the losers’ chart.
3.3 Global Commodity Prices
Gold recorded 0.41% loss while Silver declined by 1.54% as of 12:15 NY time
In the energy market, Brent declined by 0.86% while WTI declined by 2.35% as of 11:16AM Central Daylight Time (CDT)
Source: Proshare Research, Oilprice.com, Goldprice.org
The naira depreciated by 0.04% at the I&E FX Window to close at N425.05/USD while the NAFEX rate appreciated by 0.37% to close at N418.50.
Source: FMDQ, BDC