1. EQUITIES MARKET
Nigerian Equities Market closed negative as the key market indicator declined by 63.01 bps amid positive market breadth.
The NGX All-Share Index declined by 0.09% to close at 52612.55 basis points as against a 0.12% gain recorded previously to close at 52657.69 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N24.59bn loss.
YTD, the NGXASI Stands at +2.66%
The total volume traded advanced by 26.90% to close at N182.4m, valued at N1.68bn and traded in 3,100 deals. GEREGU was the most traded stock by volume with 23.84m units traded while GEREGU was also the most traded stock by value which is put at N3.2b
Sectoral performance was mixed as eight (8) NGX sector index closed northward, eight (8) sector index closed southward and two (2) closed flat. The NGX MERIVAL index advanced by 0.50% to top the gainer’s chart while the NGX SOVBND index declined by 2.30% to top the losers’ chart.
The Gote index advanced by 0.68% to close at 138.51 basis points while the Toni index advanced by 1.44% to close at 122.95 basis points.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.10x.
Volume and Value Contribution
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 0.01% to close at 710.85 basis points as against the 0.54% loss recorded previously to close at 710.79 basis points.
The total volume traded advanced by 57.37% to close at 25,167,301 units valued at N20.39m and traded in 7 deal(s).
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 USA Nasdaq Index leads the top five gainers with 1.78% gain while Argentina Merval index leads top five losers with 0.85% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Egypt EGX 30 Index tops the top three gainers with 1.59% gain while the Kenya 20 Share Index tops the top five losers with 1.03% loss as of 4pm Nigerian Time
2.1 Debt Market Size
Was not ready as at the filing of the report
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate declined to close at 10.17% while the Open Repo (OPR) rate stays flat to close at 9.83%
3.1 AFEX Indices
The AFEX ACI advanced by 0.25% to close at 493.51 while the AFEX declined by 0.51% to close at 244.18
3.2 AFEX Commodity Prices
Paddy rice advanced by 1.30% to top the gainers chart while Sorghum by 3.71% to top the losers’ chart.
3.3 Global Commodity Prices
Gold decline by 0.03% while Silver advanced by 0.77% as of 11:53 NY time
In the energy market, Brent declined by -0.91% and WTI also advanced by -0.86% as of 11:53 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed at N462/USD while the NAFEX rate closed at N461.29/USD