Snapshot

1. EQUITIES MARKET 

1.1 NGX – Listed Equities

The Nigeria equities market snapped its two-session gains on selloffs in GUINNESS (-5.28%), NGXGROUP (-5.15%), and Tier 1 banks like ZENITHBANK (-4.62%), GTCO (-3.55%), and UBA (-2.16%).

The NGX All-Share Index (NGXASI) fell by 0.16% to 98,128.00 points, compared to Tuesday's gain of 0.11% at 98,285.33 points. Investors lost N89.00bn as the Market Cap fell to N55.51trn while the ASI's year-to-date return dropped to 31.23%. 

The total volume traded advanced by 21.90% to close at N271.71m, valued at N5.43bn and traded in 7,383 deals. ACCESSCORP was the most traded stock by volume, with N35.58m units traded, while GTCO  was the most traded stock by value, with N1.35bn units traded.

Both Gote and Toni indexes fell by 0.01% and 0.36% to 343.15 points and 1,226.91 points, respectively, while the Samad Index maintained its flat position at 364.34 points.

The market breadth index (MBI) was negative at -0.08x with 15 gainers against 22 losers, while 83 equities were unchanged. TANTALIZER topped the gainers' list, while TIP topped the losers' list. 

Volume and Value Contribution

ACCESSCORP had the highest volume, contributing 13.09%, while ZENITHBANK and GTCO followed closely.   

The value chart shows that GTCO contributed the most, with a 24.81% share. ZENITHBANK 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 advanced by 0.32% at 1,283.16, compared to Tuesday's gain of 1.85% at 1,279.10. 

The total volume traded advanced by 181.05% to close at N310,294 units valued at N48.12m, traded in 39 deal(s). 

At the close of trading, the NASD OTC market recorded three (3) gainers and zero (0) loser. 

1.3 Global Indices

The global indices were mostly negative today, with Brazil's Bovespa, Japan's Nikkei 225  and Mexico's IPC at the top of the chart. 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

At the  Afex Commodity market today. Maize advanced by 2.66% to close at 578.00, while Cocoa fell by 5.96% to close at 10,250.00. 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 0.53% and 1.47%, respectively. Brent and WTI fell by 0.94% and 1.26%, in the energy market.

4. CURRENCY/ FX MARKET

The NAFEX rate appreciated by 1.62% from N1,502.63/USD to N1,478.72/USD, while the BDC rate depreciated by 1.42% from N1,462/USD to N1,483/USD. For updates on the Nigerian FX Market, kindly click here.