Snapshot

1. EQUITIES MARKET 

1.1 NGX – Listed Equities

The local equities market extended yesterday's loss, losing 15 basis points on selloffs in GTCO (-2.63%), UBA (-1.72%), SKYAVN (-9.8%), and GUINNESS (-1.20%).

The NGX All-Share Index (NGXASI) fell 0.15% to 97,978.02 points, reinforcing Wednesday's loss of 0.16% at 98,128.00 points. Investors' wealth dropped by N84.71bn as the Market Cap fell to N55.42trn while the ASI's year-to-date return dropped to 31.03%. 

The total volume traded advanced by 16.47% to close at N316.45m, valued at N7.70bn and traded in 7,852 deals. UBA  was the most traded stock by volume, with N50.32m units traded, while JBERGER  was the most traded stock by value, with N1.46bn units traded.

The Gote and Samad indexes closed flat at 343.15 and 364.34 points, respectively, while the Toni index fell by 0.37% to 1222.42 points. 

The market breadth index (MBI) was negative at -0.14x with 17 gainers against 28 losers, while 77 equities were unchanged. CILEASING topped the gainers' list, while SKYAVN topped the losers' list.            

Volume and Value Contribution

UBA had the highest volume, contributing 15.90%, while GTCO and ZENITHBANK followed closely. 

The value chart shows that JBERGER contributed the most, with a 19.02% share. GTCO and UBA  followed closely behind. 

NGX Corporate News

No Corporate News was released on NGX today.

For Analysis on the NGX NGX-listed equities, click here. 

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.

For an Analysis of the Unlisted Equities, click here.

1.2 NASD OTC Exchange - Unlisted Equities

The NASD market index declined by 0.03% at 1,282.72, compared to Wednesday's gain of 0.32% at 1,283.16. 

The total volume traded declined by 86.51% to close at N41,872 units valued at N15.32m, traded in 27 deal(s). 

At the close of trading, the NASD OTC market recorded one (1) gainer and one (1) loser. 

1.3 Global Indices

The global stock indices showed a mixed performance today. For more updates on the Global scene, click here.

1.4 African Indices

The prices in the African market are relatively favourable today. For the latest data and updates, please kindly click here.

2. BONDS AND FIXED-INCOME MARKETS

2.1 Debt Market Size

The Debt Market Size was unavailable at the time of finalizing this report.

2.2 Overnight and Open Repo (OPR)

The Overnight and Open repos are currently unavailable when finalising this report.

3. COMMODITIES MARKET

3.1 AFEX Indices

The AFEX ACI and AEI were unavailable when finalising this report. Data on AFEX Indices can be accessed here.

3.2 AFEX Commodity Prices

The prices in the Afex Commodity market are mostly positive today. Cocoa and Soybeans advanced by 15.00% to close at 11,787.50 and 662.42, respectively, followed by Paddy rice, which advanced by 6.33% to close at  669.90. Click here to access more data on AFEX commodity prices.

3.3 Global Commodity Prices 

At 2:15 PM GMT, Gold and Silver declined by 0.90% and 0.52%, respectively. Brent and WTI fell by 1.14% and 0.83%, in the energy market.

4. CURRENCY/ FX MARKET

The BDC rate depreciated by 0.74% from N1,483/USD to N1,494/USD. For updates on the Nigerian FX Market, kindly click here.