1. EQUITIES MARKET
Nigerian Equities Market closed negative as the key market indicator declined by 67.98 bps amid negative market breadth.
The NGX All-Share Index declined by 0.13% to close at 54,299.76 basis points as against a 0.29% gain recorded previously to close at 54,367.74 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N37.03bn loss.
YTD, the NGXASI Stands at +5.95%
The total volume traded advanced by 4.38% to close at N200.04m, valued at N7.62bn and traded in 4,380 deals. FCMB was the most traded stock by volume with 27.98m units traded while GEREGU was the most traded stock by value which is put at N4.18bn
Sectoral performance was broadly negative as seven (7) NGX sector index closed northward, eight (8) sector index closed southward and three (3) closed flat. The NGX Oil and Gas index advanced by 0.54% to top the gainer’s chart while the NGX Insurance index declined by 0.80% to top the losers’ chart.
The Gote index declined by 0.67% to close at 138.57 basis points while the Toni index advanced by 0.38% to close at 125.91 basis points.
At the close of trading, the market recorded 20 gainers to 26 losers and 68 unchanged. CONOIL topped the list of gainers while JAPAULGOLD topped the list of losers.
Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.09x.
Volume and Value Contribution
FCMB led the volume’s chart with 13.99% contribution and closely followed by GEREGU and STERLNBANK
GEREGU tops the value’s chart with 54.79% contribution and followed by AIRTELAFRI 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 declined by 0.81% to close at 709.88 basis points as against the 0.21% loss recorded previously to close at 715.67 basis points.
The total volume traded declined by 44.08% to close at 30,068 units valued at N4.11m and traded in 8 deal(s).
At the close of trading, NASD OTC market recorded zero (0) 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 Argentina MerVal Index leads the top five gainers with 2.51% gain while the East Isreal index leads top five losers with 1.51% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Zimbabwe All Share Index tops the top five gainers with 5.18% gain while South Africa Resource 10 Index tops the top five losers with 1.46% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The Debt Market Size was not available at the time of compiling this report.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate closed flat at 10.81% while the Open Repo (OPR) rate also closed flat at 10.50%
3.1 AFEX Indices
The AFEX ACI declined by 0.05% to close at 488.01 while the AFEX AEI closed flat at 233.03
3.2 AFEX Commodity Prices
Paddy rice advanced by 0.77% to top the gainers chart while Sorghum declined by 7.16% to top the losers’ chart.
3.3 Global Commodity Prices
Gold advanced by 0.20% while Silver declined by 0.27% as of 10: 36 NY time
In the energy market, Brent advanced by 1.15% and WTI also advanced by 1.66% as of 10: 38 AM Central Daylight Time (CDT)
The naira at the I&E FX Window advanced by 0.14% to close at N461.50/USD while the NAFEX rate advanced by 0.01% to close at N461.38/USD