1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator advanced by 151.31 bps amid positive market breadth.
The NGX All-Share Index advanced by 0.29% to close at 52,752.96 basis points as against a 0.02% loss recorded previously to close at 52,599.65 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N83.51bn gain.
YTD, the NGXASI Stands at +2.93%
The total volume traded advanced by 16.55% to close at N139.68m, valued at N2.02bn and traded in 3,549 deals. GTCO was the most traded stock by volume with 17.79m units traded while GTCO was also the most traded stock by value which is put at N433.17m
Sectoral performance was broadly positive as fourteen (14) NGX sector index closed northward, two (2) sector index closed southward and two (2) closed flat. The NGX MERIVAL index advanced by 1.87% to top the gainer’s chart while the NGX LII index declined by 0.02% to top the losers’ chart.
The Gote index declined by 0.02% to close at 139.42 basis points while the Toni index advanced by 0.64% to close at 122.02 basis points.
At the close of trading, the market recorded 25 gainers to 7 losers and 65 unchanged. GEREGU topped the list of gainers while RTBRISCOE topped the list of losers.
Thus, market breadth closed flat as the Market Breadth Index (MBI) is put at 3.61x.
Volume and Value Contribution
GTCO led the volume’s chart with 12.74% contribution and closely followed by ACCESSCORP and FIDELITY
GTCO tops the value’s chart with 21.43% contribution and followed by GEREGU and ZENITHBANK
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 0.34% to close at 703.01 basis points as against the 1.43% loss recorded previously to close at 700.66 basis points.
The total volume traded advanced by 52.35% to close at 189,670 units valued at N4.97m and traded in 8 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.
1.3 Global Indices
On the global scene, the Argentina Merval Index leads the top five gainers with 4.73% gain while East Isreal TA 100 index leads top five losers with 1.73% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Zimbabwe All Share Index tops the top three gainers with 1.35% gain while the Casablanca Casablanca Index tops the top five three with 1.76% loss as of 4pm Nigerian Time
2.1 Debt Market Size
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate stayed flat to close at 10.83% while the Open Repo (OPR) rate stays stayed flat to close at 10.50%
3.1 AFEX Indices
The AFEX ACI advanced by 1.62% to close at 495.67while the AFEX declined by 0.34% to close at 245.35
3.2 AFEX Commodity Prices
Soyabeans advanced by 2.12% to top the gainers chart while Maize by 0.94% to top the losers’ chart.
3.3 Global Commodity Prices
Gold decline by 0.82% while Silver decline by 0.46% as of 10:53 NY time
In the energy market, Brent advanced by 1.41% and WTI also advanced by -1.27% as of 10.34 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed at N461.25/USD while the NAFEX rate closed at N461.29/USD