1. EQUITIES MARKET
Nigerian Equities Market closed negative as the key market indicator declined by 574.59 bps amid negative market breadth.
The NGX All-Share Index declined by 1.04% to close at 54915.61 basis points as against 0.42% loss recorded previously to close at 55490.20 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N126.76bn loss.
YTD, the NGXASI Stands at +7.15%.
The total volume traded declined by 9.07% to close at N181.20m, valued at N3.4bn and traded in 4,296 deals. TRANSCORP was the most traded stock by volume with 26.08m units traded while ZENITHBANK was the most traded stock by value which is put at N842m.
Sectoral performance was negative as one (1) NGX sector index closed northward, fourteen (14) sectors index closed southward and three (3) closed flat. The NGX GROWTH index advanced by 2.90% to top the gainer’s chart while the NGX PREMIUM Index declined by 2.06% to top the losers’ chart.
The Gote index declined by 0.13% to close at 150.57 basis points while the Toni index declined by 1.32% to close at 117.76 basis points.
At the close of trading, the market recorded 8 gainers to 25 losers and 75 unchanged. CHAMS topped the list of gainers while ETI topped the list of losers.
Thus, market breadth closed flat as the Market Breadth Index (MBI) is put at -0.23x.
Volume and Value Contribution
TRANSCORP led the volume’s chart with 19.00% contribution and closely followed by ZENITHBANK and STERLNBANK
ZENITHBANK tops the value’s chart with 23.44% contribution and followed by MTNN and FLOURMILL
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 closed flat at 728.79 basis points as against 0.14% loss recorded previously to close at 728.79 basis points.
The total volume traded declined by 82.92% to close at 33,396 units valued at N193,846.40 and traded in 4 deal(s).
At the close of trading, NASD OTC market recorded zero (0) gainer(s) to zero (0) 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 Brazil Bovespa leads the top five gainers with 1.73% gain while the Austria ATX index leads top five losers with 2.10% 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 2.87% gain while Namibia NSX Namibia index tops the top five losers with 4.26% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The Debt Market Size advanced by 0.03% to close at 32.33.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate closed flat at 11.01% and the Open Repo (OPR) closed flat at 10.63.
3.1 AFEX Indices
Afex ACI advanced by 1.75% to close at 477.62 while Afex AEI advanced by 1.04% to close at 222.91.
3.2 AFEX Commodity Prices
Paddy rice advanced by 2.82% to close at 313.92 while Soyabeans declined by 0.15% to close at 341.26.
3.3 Global Commodity Prices
Gold advanced by 0.40% while Silver advanced by 0.55% as of 10: 51 NY time
In the energy market, Brent declined by 0.85% and WTI also declined by 1.48% as of 10: 50 AM Central Daylight Time (CDT)
The naira at the I&E FX Window advanced by 0.20% to close at N462/USD while the NAFEX rate declined by 0.02% to close at N461.29/USD