Snapshot

Nigerian Equities Market closed negative as the key market indicator declined by 12.03 bps amid negative market breadth.

The NGX All-Share Index declined by 0.02% to close at 54,924.08 basis points as against 0.06% gain recorded previously to close at 54936.11 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N6.55bn loss.

YTD, the NGXASI Stands at +7.17%

The total volume traded declined by 12.15% to close at N117.85m, valued at N1.39bn and traded in 2575 deals. TRANSCORP was the most traded stock by volume with 23.39m units traded while MTNN was the most traded stock by value which is put at N370.21m.

Sectoral performance was broadly negative as two (2) NGX sectors index closed northward, eleven (11) sectors index closed southward and five (5) closed flat. The NGX MERIGRW index advanced by 0.08% to top the gainer’s chart while the NGX MERIVAL Index declined by 0.59% to top the losers’ chart.

The Gote index declined by 0.03% to close at 150.52 basis points while the Toni index advanced by 1.22% to close at 118.62 basis points.

At the close of trading, the market recorded 14 gainers to 17 losers and 70 unchanged. SUNUASSUR topped the list of gainers while NCR topped the list of losers.

Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.04x.

Volume and Value Contribution

TRANSCORP  led the volume’s chart with 19.85% contribution and closely followed by FIDELITYBK and FBNH

MTNN tops the value’s chart with 26.47% contribution and followed by ZENITHBANK  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 0.22% to close at 731.48 basis points as against the gain of 0.07% recorded previously to close at 731.48 basis points. 

The total volume traded declined by 77.21% to close at 5,262,937units valued at N24,251,648.00 and traded in 14 deal(s). 

At the close of trading, NASD OTC market recorded two (2) 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 Hong Kong Hang Seng index leads the top five gainers with 2.34% gain while the Switzerland Swiss Market Index index tops the losers with 1.35% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Egypt EGX30 Capped Share Index tops the top five gainers with 2.48% gain while Uganda All Share Index index tops the top five losers with 0.79% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The Debt Market Size was not available as at the time of filing the report.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate advanced by 0.03% to close at 19.00 and the Open Repo (OPR) declined by 0.01% to close at 18.50.

The Afex ACI and Afex AEI was not available as at the time of filing the report.

Cashew declined by 2.09% to close at 599.3.

3.3 Global Commodity Prices

Gold advanced by 0.61% while Silver advanced by 0.35% as of 10: 51 NY time.

In the energy market, Brent advanced by 0.82% and WTI also advanced by 0.55% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window advanced by 0.04% to close at N461.67/USD while the NAFEX rate declined by 0.02% to close at N461.15/USD