Snapshot
1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator advanced by 170.23bps amid positive market breadth
The NGX All-Share Index advanced by 0.38% to close at 44,662.96 basis points as against 1.09% gain recorded previously to close at 44,492.73 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N92.72bn gain.
YTD, the NGXASI Stands at +4.56%
The total volume traded advanced by 8.78% to close at 159.56m, valued at N1.95bn and traded in 3,607 deals. TRANSCORP was the most traded stock by volume with 35.24m units traded while SEPLAT was also the most traded stock by value which is put at N478m
Sectoral performance was broadly positive as thirteen (13) NGX sector index closed northward, three (3) closed southward and two (2) closed flat. The NGX Food and Beverages index advanced by 1.80% to top the gainers chart and the NGX Oil and Gas Index declined by 0.26% to top the losers chart.
Gote index closed flat at 124.85 basis points and the Toni index advanced by 1.08% to close at 108.67 basis points.
At the close of trading, the market recorded 26 gainers to 5 losers and 66 unchanged. NB topped the list of gainers while AIICO topped the list of losers.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.32x.
Volume and Value Contribution
TRANSCORP led the volume’s chart with 22.09% contribution and closely followed by AIICO and ZENITHBANK
SEPLAT tops the value’s chart with 24.51% contribution and closely followed by NB 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 0.04% to close at 711.91 basis points as against the flat position recorded previously to close at 711.61 basis points
The total volume traded advanced by 116164% to close at 116,264 units valued at N7.41m and traded in 5 deal.
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 Chile IPSA Index leads the top five gainers with 2.12% gain while the Hong Kong Hang Seng Index tops the top five losers with 1.87% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the South Africa Financial 15 Index tops the top five gainers with 1.67% gain while the Lusaka All Share Index tops the top five losers with 1.16% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The FMDQ Debt Market Size closed flat at N29.95trn.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate closed flat at 16.50% while the Open Repo (OPR) rate also closed flat at 16.25%
3.1 AFEX Indices
The AFEX ACI closed flat at 455.71 while the AFEX AEI declined by 2.94% to close at 204.19 basis points
3.2 AFEX Commodity Prices
Paddy Rice grew by 10% to top the gainers chart while Maize declined by 3.86% to top the losers chart.
3.3 Global Commodity Prices
Gold recorded 0.72% loss while Silver declined by 0.72% as of 10: 53 NY time
In the energy market, Brent declined by 4.82% while WTI also declined by 5.69% as of 10: 59 AM Central Daylight Time (CDT)
The naira at the I&E FX Window appreciated by 0.08% to close at N445.38/USD while the NAFEX rate appreciated by 0.02% to close at N444.30/USD