LATEST UPDATES
Card-image-cap

Market | Market Updates

Investors Gain N92.72bn as NGXASI Advances Further by 0.38%; Overnight Rate Closed Flat at 16.50%; BDC Closed Flat at 785

Nov 21, 2022   •   by   •   Source: Proshare   •   eye-icon 232 views

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.

 

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

 

Related items.

Get the App

apple-store  play-store

Connect with us


Proshare is a professional practice focused on delivering research and information services to bridge the gap between investors and markets; by delivery on credible, reliable, and timely engagements through the following areas — Impact Research, Market Intelligence, Strategic Advisory, Stakeholder Relations & Digital Media.