Snapshot

Nigerian Equities Market halts positive sessions as key market indicator dipped to close in negative territory. 

The NGX All-Share Index dipped by -0.31% to close at 51,803.98 basis points as against +0.50% gain recorded at the end of the previous trading session. In Naira terms, the NGX Market CAP records N85.65bn loss.

YTD, the NGXASI Stands at +21.27%

The total volume traded advanced by +18.05% to close at 314.61m, valued at N12.85bn and traded in 4,708 deals. LIVINGTRUST was the most traded stock by volume with 100.00m units traded while MTNN was the most traded stock by value which is put at N414.96m.

Sectoral performance was broadly negative as three (3) NGX sector index closed northward, twelve (12) closed southward while three (3) closed flat. The NGX Consumer Goods Index inched up by +0.29% while the NGX Premium Index dipped by -0.75% to top all sector indices otherwise.

Gote index closed flat at 143.22 basis points while Toni index closed red with +0.83% gain recorded to close at 113.31 basis points.

At the close of trading, market recorded 10 gainers to 19 losers and 70 unchanged. SOVRENINS topped the list of gainers  UPL topped the list of losers. Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.13x.

NGX Snapshot

Sectoral Indices

Gainers

Losers

Volume and Value Contribution

LIVINGTRUST led the volume’s chart with 31.79% contribution and closely followed by MTNN and FBNH. 

Source: NGX, Proshare Research

MTNN led the value’s chart with 76.82% contribution and closely followed by NESTLE and SEPLAT

Source: NGX, Proshare Research

NGX Earnings Summary

No Financial statement was released on the floor of the Exchange today.

NGX Corporate News

Nestle Nigeria Plc is scheduled to hold its 53^rd Annual General Meetings (AGM) on Wednesday June 29^th 2022 at 11am via the attached link. 

The NASD market index inched up by +0.07% to close at 762.62 basis points as against 0.81% loss recorded previously. 

The total volume traded declined by -86.19% to close at 89,440 units valued at N1.79m and traded in 11 deals. 

At the close of trading, NASD OTC market recorded 2 gainer(s) to 0 loser(s)

Snapshot

Gainers

Losers

Nil

Volume and Value Contribution

SDNASDPLC led the volume chart with 61.49% contribution 

SDNASDPLC led the value chart with 45.88% 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 Argentina MerVal Index leads the top five gainers with 4.95% gain while the USA NASDAQ tops the top five losers with -2.81% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly on the African scene, the Tanzania Index tops the top five gainers with 1.43% gain while the Egypt EGX 30 Index tops the top five losers with -0.82% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The FMDQ Debt Market Size advanced by +0.04% to close at N28.01trn from previous figure of N28.trn.

2.2 Overnight and Open Repo (OPR)

The overnight lending rate closed flat at 14.00% while the Open Repo (OPR) rate expanded by 0.25% to close at 14.00%

3.1 AFEX Indices

The ACI dipped by 0.86% to close at 467.99 basis points as against previous figure of 472.04 while the AEI closed flat at 191.24 basis points as against previous figure of 191.24 basis points.

3.2 AFEX Commodity Prices

Sorghum declined by 25.57% to top the losers’ chart.

3.3 Global Commodity Prices

Gold recorded 0.20% loss while Silver also declined by 1.42% as of 13:38 NY time

In the energy market, Brent advanced by 5.87% while WTI also advanced by 0.67% as of 12:41PM Central Daylight Time (CDT)

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

The naira depreciated by 0.21% at the I&E FX Window to close at N421.50/USD while the NAFEX rate also depreciated by 0.02% to close at N418.82.

Source: FMDQ, BDC