Snapshot
1. EQUITIES MARKET
Nigerian Equities Market closed negative as the key market indicator declined by 12.90 bps amid positive market breadth.
The NGX All-Share Index declined by 0.02% to close at 52,599.65 basis points as against a 0.09% loss recorded previously to close at 52612.55 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N7.03bn loss.
YTD, the NGXASI Stands at +2.63%
The total volume traded advanced by 26.90% to close at N182.4m, valued at N1.68bn and traded in 3,100 deals. MBENEFIT 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 N1.14b
Sectoral performance was broadly positive as nine (9) NGX sector index closed northward, five (5) sector index closed southward and three (3) closed flat. The NGX GROWTH index advanced by 2.85% to top the gainer’s chart while the NGX INSURANCE index declined by 0.69% to top the losers’ chart.
The Gote index closed flat at 139.45 basis points while the Toni index declined by 1.38% to close at 121.25 basis points.
At the close of trading, the market recorded 21 gainers to 16 losers and 60 unchanged. CHELLARAM topped the list of gainers while THOMASWY topped the list of losers.
Thus, market breadth closed flat as the Market Breadth Index (MBI) is put at 0.00x.
Volume and Value Contribution
MBENEFIT led the volume’s chart with 13.07% contribution and closely followed by TRANSCORP and GEREGU
GEREGU tops the value’s chart with 66.27% contribution and followed by ACCESSCORP and TRANSCORP
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 declined by 1.43% to close at 700.66 basis points as against the 0.01% loss recorded previously to close at 710.85 basis points.
The total volume traded declined by 99.51% to close at 124,494units valued at N3.52m and traded in 25 deal(s).
At the close of trading, NASD OTC market recorded one (1) 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.
1.3 Global Indices
On the global scene, the Singapore Straits Times (STI) Index leads the top five gainers with 1.78% gain while USA Nasdaq index leads top five losers with 2.10% 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 2.13% gain while the South Africa Resource 10 Index tops the top five losers with 1.28% 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 10.83% while the Open Repo (OPR) rate stays advanced to close at 10.50%
3.1 AFEX Indices
The AFEX ACI declined by 1.16% to close at 487.78 while the AFEX advanced by 0.82% to close at 246.19
3.2 AFEX Commodity Prices
Maize advanced by 3.86% to top the gainers chart while Sorghum by 0.98% to top the losers’ chart.
3.3 Global Commodity Prices
Gold decline by 0.3% while Silver decline by 0.30% as of 10:53 NY time
In the energy market, Brent declined by -0.43% and WTI also advanced by -0.26% as of 10.34 AM Central Daylight Time (CDT)
The naira at the I&E FX Window closed at N461.70/USD while the NAFEX rate closed at N461.29/USD