Snapshot

Nigerian Equities Market dipped further to open the week on a negative note as key market indicator closed below 51,000 basis points 

The NGX All-Share index dipped by -1.97% to close at 50,756.74 basis points as against -1.21% loss recorded at the end of the previous trading session. In Naira terms, the NGX Market CAP records N550.62bn loss

YTD, the NGXASI Stands at +18.82%

The total volume traded advanced by +43.04% to close at 345.00m, valued at N3.07bn and traded in 5,075 deals. FCMB was the most traded stock by volume with 177.59m units traded while FCMB was the most traded stock by value which is put at N668.97m.

Sectoral performance was broadly negative as two (2) NGX sector index closed northward, thirteen (13) closed southward while three (3) closed flat. The NGX AFRBVI Index inched up by +0.89% while the NGX Industrial Index dipped by -5.27% to top all sector indices otherwise.

Gote index dipped by 9.54% to close at 130.53 basis points while Toni index also closed red with -0.39% loss recorded to close at 113.49 basis points.

At the close of trading, market recorded 6 gainers to 30 losers and 73 unchanged. JAIZBANK topped the list of gainers  UBN topped the list of losers. Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.33x.

NGX Snapshot

Sectoral Indices

Gainers

Losers

Volume and Value Contribution

FCMB led the volume chart with 51.48% contribution and closely followed by UBA and ACCESSCORP. 

Source: NGX, Proshare Research

FCMB led the value chart with 21.77% contribution and closely followed by NESTLE and GTCO

Source: NGX, Proshare Research

NGX Earnings Summary

No Financial statement was released on the NGX Exchange today

NGX Corporate News

Nestle Nigeria Plc has requested its shareholders to visit the online editions of Punch and Guardian newspapers on 19 June 2022 to access the list of Unclaimed Dividends. They can also download and save the list for future reference.

The NASD market index closed flat at 764.41 basis points as against +0.01% loss recorded previously. 

The total volume traded declined by -31.84% to close at 1.27m units valued at N293.96m and traded in 9 deals. 

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

Snapshot

Gainers

Nil 

Losers

Nil

Volume and Value Contribution

SDVFDGROUP led the volume chart with 98.57% contribution 

SDVFDGROUP led the value chart with 99.64% 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 Russia Index leads the top five gainers with 1.89% gain while the South Korea Index tops the top five losers with -2.04% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly on the African scene, the South Africa Index tops the top five gainers with 1.57% gain while the Namibia Index tops the top five losers with -4.43% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The FMDQ Debt Market Size closed flat at N27.87trn as against previous figure of N27.87trn

2.2 Overnight and Open Repo (OPR)

The overnight lending rate advanced by 3.08% to close at 14.00% while the Open Repo (OPR) rate also advanced by 3.42% to close at 13.75%

3.1 AFEX Indices

The ACI inched up by 4.30% to close at 492.47 basis points as against previous figure of 472.17 while the AEI dipped by 0.60% to close at 191.58 basis points as against previous figure of 192.73 basis points.

3.2 AFEX Commodity Prices

Sorghum and Paddy Rice both declined by 1.37% and 3.90% respectively to top the losers’ chart.

3.3 Global Commodity Prices

Gold recorded -0.14% loss while Silver also declined by -0.46% as of 12:51 NY time

In the energy market, Brent advanced by 3.27% while WTI also advanced by 0.58% as of 11:43AM Central Daylight Time (CDT)

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

The naira closed flat at the I&E FX Window atN421.33/USD while the NAFEX rate also depreciated by 0.05% to close at N418.90.

Source: FMDQ, BDC