Snapshot

Nigerian Equities Market halted uptrend as market sentiment turned negative at the close of trading today.

The NGX All-Share index dipped by -0.14% to close at 53,193.98 basis points as against +0.35% gain recorded at the end of the previous trading session. In Naira terms, the NGX Market CAP records N41.46bn loss

YTD, the NGXASI Stands at +24.53%

The total volume traded grew by +6.11% to close at 234.62m, valued at N2.75bn and traded in 4,232 deals. TRANSCORP was the most traded stock by volume with 30.43m units traded, while PRESCO was the most traded stock by value which is put at N459.96m.

Sectoral performance was broadly negative as three (3) NGX sector indices closed northward, ten (10) closed southward while five (5) closed flat. The NGX Consumer Goods Index inched up by +0.13% while the NGX Banking Index dipped by -0.86% to top all sector indices otherwise.

Gote index moved up by 0.03% to close at 144.39 basis points while Toni index also closed green with +0.36% gain recorded to close 117.66 basis points.

At the close of trading, market recorded 15 gainers to 17 losers and 74 unchanged. CAVERTON topped the list of gainers  CHAMPION topped the list of losers. Thus, market breadth closed negative.

NGX Snapshot

Sectoral Indices

Gainers

Losers

Volume and Value Contribution

TRANSCORP led the volume chart with 41.60% contribution and closely followed by FIDELITYBK and FBNH. 

Source: NGX, Proshare Research

PRESCO led the value chart with 11.39% contribution and closely followed by TRANSCORP and FBNH. 

Source: NGX, Proshare Research

NGX Earnings Summary

No Financial statement was released on the NGX today.

NGX Corporate News

Access Holdings Plc trading as Access Corporation (‘the Corporation’) has announces that its wholly owned subsidiary, Access Bank Plc (‘the Bank’) has entered into a binding agreement with Kenyan-based Centum Investment Plc (‘Centum’) for the acquisition of the entire 83.4% equity stake held by Centum in Sidian Bank Ltd (‘Sidian’).

The NASD market index inched up by +2.08% to close at 777.75 basis points as against +0.09% gain recorded previously. 

The total volume traded declined by -99.36% to close at 75,934 units valued at N3.87m and traded in 7 deals. 

At the close of trading, NASD OTC market recorded 2 gainer(s) to 0 loser(s)

Snapshot

Gainers 

Losers

Nil

Volume and Value Contribution

SDIGIPLC led the volume chart with 59.26% contribution 

SDFCWAMCO led the value chart with 62.23% contribution 

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 Hong Kong Index leads the top five gainers with 2.24% gain while the France CAC 40 Index tops the top five losers with -1.15% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly on the African scene, the Egypt EGX 30 Index tops the top five gainers with 1.87% gain while the South Africa All Share Index tops the top five losers with -0.62% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The FMDQ Debt Market Size declined by 1.55% to close at N27.37trn from previous figure of N27.80trn

2.2 Overnight and Open Repo (OPR)

The overnight lending rate advanced by 0.83% to close at 8.33% while the Open Repo (OPR) rate also advanced by 0.75% to close at 7.50%

3.1 AFEX Indices

The ACI closed moved up by 0.62% to close at 476.78 basis points as against previous figure of 476.78 while the AEI also closed flat at 196.43 basis points as against previous figure of 197.95 basis points.

3.2 AFEX Commodity Prices

Maize advanced by 32.93% to top the gainers chart while Cashew declined by 17.85% to the losers chart.

3.3 Global Commodity Prices

Gold recorded 0.20% gain while Silver declined by 0.40% as of 12:17 NY time

In the energy market, Brent advanced by 3.09% while WTI also advanced by 2.87% as of 11:16AM Central Daylight Time (CDT)

Source: Proshare Research, Oilprice.com, Goldprice.org

The naira appreciated at the I&E FX Window by 0.12% to close atN420.25/USD while the NAFEX rate depreciated by 0.39% to close at N419.94.

Source: FMDQ, BDC