1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator declined by 31.74 bps amid positive market breadth.
The NGX All-Share Index advanced by -0.06% to close at 52,594.68 basis points as against a 0.02% gain recorded previously to close at 52,626.42 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N17.29bn loss.
YTD, the NGXASI Stands at +2.62%
The total volume traded advanced by 243.89% to close at N443.75m, valued at N1.68bn and traded in 3,100 deals. VERITASKAP was the most traded stock by volume with 347.05m units traded while NESTLE was also the most traded stock by value which is put at N487.65m
Sectoral performance was broadly negative as four (4) NGX sector index closed northward, ten (10) sector index closed southward and four (4) closed flat. The NGX BANKING index advanced by 0.37% to top the gainer’s chart while the NGX FOOD and BEVERAGES index declined by 0.62% to top the losers’ chart.
The Gote index declined by -1.85% at 138.56 basis points while the Toni index advanced by 0.74% to close at 121.71 basis points.
At the close of trading, the market recorded 25 gainers to 16 losers and 56 unchanged. ABBEYBDS topped the list of gainers while LINKASSURE topped the list of losers.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.03x.
Volume and Value Contribution
VERITASKAP led the volume’s chart with 78.21% contribution and closely followed by ACCESSCORP and ZENITHBANK
NESTLE tops the value’s chart with 28.95% contribution and followed by ZENITHBANK and MTNN
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 0.53% to close at 706.97 basis points as against the -0.02% loss recorded previously to close at 703.26 basis points.
The total volume traded advanced by 57597.54% to close at 2,134,1165 units valued at N20.2m and traded in 11 deal(s).
At the close of trading, NASD OTC market recorded one (1) gainer(s) to one (1) 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 Argentina MerVal Index leads the top five gainers with 5.78% gain while East Isreal TA 100 index leads top five losers with 1.71% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Kenya All Share Index tops the top three gainers with 1.69% gain while the Casablanca Casablanca Index tops the top five losers with 1.13% 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 advanced to close at 11.50% while the Open Repo (OPR) rate advanced to close at 11.00%
3.1 AFEX Indices
The AFEX ACI advanced by 1.01% to close at 487.47 while the AFEX advanced by 1.39% to close at 244.59
3.2 AFEX Commodity Prices
Sorghum advanced by 8.56% to top the gainers chart while Cashew declined by 10.00% to top the losers’ chart.
3.3 Global Commodity Prices
Gold declined by 0.30% while Silver declined by 0.04% as of 11:53 NY time
In the energy market, Brent declined by 0.17% and WTI also advanced by 0.32% as of 11:53 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed at N461.5/USD while the NAFEX rate closed at N461.25/USD