Snapshot

Nigerian Equities Market closed negative as the key market indicator declined by 180.87 bps amid positive market breadth.

The NGX All-Share Index declined by 0.33% to close at 54,232.34 basis points as against 1.51% gain recorded previously to close at 54,413.21 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N98.53bn gain.

YTD, the NGXASI Stands at +5.82%

The total volume traded declined by 42.70% to close at N557.93m, valued at N3.68bn and traded in 3943 deals. TRANSCORP was the most traded stock by volume with 287.68m units traded while NGXGROUP was the most traded stock by value which is put at N685.07m.

Sectoral performance was broadly positive as nine (9) NGX sector index closed northward, six (6) sector index closed southward and three (3) closed flat. NGX-INSURANCE index advanced by 1.92% to top the gainer’s chart while the NGX-Growth Index declined by 0.56% to top the losers’ chart.

The Gote index advanced by 0.05% to close at 151.11 basis points while the Toni index advanced by 1.09% to close at 121.25 basis points.

At the close of trading, the market recorded 20 gainers to 14 losers and 69 unchanged. LASACO topped the list of gainers while CWG topped the list of losers.

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.09x.

Volume and Value Contribution

TRANSCORP led the volume’s chart with 51.56% contribution and closely followed by FIDELITYBK and UBA

NGXGROUP  tops the value’s chart with 18.61% contribution and followed by AIRTELAFRI  and  FIDELITYBK

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 0.38% to close at 741.04 basis points as against the gain of 0.09% recorded previously to close at 743.84 basis points. 

The total volume traded advanced by 1238.50% to close at 318m units valued at N1.33b and traded in 36 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 Argentina MerVal  leads the top five gainers with 1.35% gain while the Philippines PSEi tops the losers with 2.18% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Malawi All Share Index tops the top five gainers with 2.00% gain while Ghana GSE Composite tops the top five losers with 3.31% 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 0.01% to close at 18.88 and the Open Repo (OPR) closed flat at 18.38.

The Afex ACI advanced by 0.69% to close at 482.95 and Afex AEI advanced by 1.16% to close at 226.87

Sorghum advanced by 1.40% to close at 218 while Soyabean declined by 3.46% to close at 328.95.

3.3 Global Commodity Prices

Gold advanced by 0.21% while Silver advanced by 1.24% as of 10: 51 NY time.

In the energy market, Brent advanced by 0.82% and WTI also advanced by 1.00% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window declined by 0.03% at N461.38/USD while the NAFEX rate advanced by 0.03% to close at N461.4/USD