Snapshot

Nigerian Equities Market closed positive as the key market indicator advanced by 353.82 bps amid negative market breadth

The NGX All-Share Index advanced by 0.70% to close at 51222.34 basis points as against a -1.53% gain recorded previously to close at 50868.52 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N192.72bn gain.

YTD, the NGXASI Stands at -0.06%

The total volume traded advanced by 41.11% to close at 195.738m, valued at N7.45bn and traded in 3673 deals. FBNH was the most traded stock by volume with 41.89m units traded while BUACEMENT was also the most traded stock by value which is put at N2.9bn 

Sectoral performance was broadly negative as seven (7) NGX sector index closed northward, nine (9) closed southward and two (2) closed flat. The NGX Main Board index advanced by 1.57% to top the gainer’s chart while the NGX MERIGRW index declined by 4.26% to top the losers’ chart.

The Gote index advanced by 0.33% to closed at 136.66 basis points while the Toni index advanced by 0.58% to close at 118.70 basis points.

At the close of trading, the market recorded 16 gainers to 18 losers and 66 unchanged. NPFMCRFBK  topped the list of gainers while PZ topped the list of losers. 

Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.03x.

Volume and Value Contribution

FBNH led the volume’s chart with 21.40% contribution and closely followed by BUACEMENT and UBA

BUACEMENT tops the value’s chart with 38.89% contribution and followed by AIRTELAFRI and FBNH

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 

The NASD market index declined by 0.41% to close at 714.6 basis points as against the 0.60% gain recorded previously to close at 717.56 basis points 

The total volume traded advanced by 166.24% to close at 135,116 units valued at N10.3m and traded in 11 deal(s). 

At the close of trading, NASD OTC market recorded zero (0) gainer(s) to two (2) 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 Argentina MerVal Index leads the top five gainers with 4.91% gain while the Philippines PSEI Index tops the top five losers with 1.38% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Zimbabwe All Share Index tops the top five gainers with 3.20% gain while the Casablanca Index tops the top four losers with 3.22% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The FMDQ Debt Market Size was not available at the time this report was completed.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate advanced by 4.67% to close at 14.50% while the Open Repo (OPR) rate advanced by 3.50% to close at 13.00%

The AFEX ACI advanced by 1.58% to close at 474.02 while the AFEX AEI declined by 0.53% to close at 239.08 basis points

Maize advanced by 0.44% to top the gainers’ chart while Sorghum declined by 4.19% to top the losers’ chart.

3.3 Global Commodity Prices

Gold advanced by 1.58% while Silver advanced by -2.50% as of 12: 54 NY time

In the energy market, Brent advanced by 1.26% and WTI also advanced by 1.56% as of 11:57 AM Central Daylight Time (CDT)

The naira at the I&E FX Window declined by 0.04% to close at N461.67/USD while the NAFEX rate closed flat at N461/USD