Snapshot

1. EQUITIES MARKET 

1.1 NGX – Listed Equities

The Nigerian stock market closed negatively, losing 16.39 basis points, reflecting a negative market breadth.

The NGX All-Share Index declined by 0.02% to close at 98,152.91 basis points, compared to the previous day's gain of 0.05% to close at 98,169.30 basis points. The NGX Market CAP also recorded a loss of N9.27bn Naira terms.

YTD, the NGXASI Stands at 31.27%

The total volume traded declined by 10.81% to close at N265.07m, valued at N5.02bn and traded in 6,582 deals. UBA was the most traded stock by volume and value, with N42.35m and N980.01m units traded, respectively.

The Gote Index closed flat at 347.33 basis points, while the Toni index advanced by 0.17% to close at 1,281.48 basis points.

At the close of trading, the market recorded 18 gainers, 19 losers, and 86 unchanged. FBNH topped the gainers' list, while SOVRENINS topped the losers' list.    

Thus, the market closed with a negative market breadth index (MBI) of -0.01x

Volume and Value Contribution

UBA had the highest volume, contributing 15.98%, while ACCESSCORP and TIP followed closely.  

The value chart shows that UBA contributed the most, with a 19.51% share.  ZENITHBANK and  GTCO followed closely behind. 

NGX Corporate News

No Corporate News was released on NGX today.

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

1.2 NASD OTC Exchange - Unlisted Equities

The NASD market index declined by 1.19% to close at 1,088.25 basis points, compared to the loss of 0.10% recorded from the previous 1,101.31 basis points.

The total volume traded advanced by 23.39% to close at N197,220 units valued at N152.65m, traded in 17 deal(s). 

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

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.

1.3 Global Indices

The Global Indices performed positively 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

At the end of the week, the Afex commodity market saw Cashew increase by 0.58% to close at 1,099.87, while Paddy rice decreased by 10.32% to close at 496.47. Click here to access more data on AFEX commodity prices.

3.3 Global Commodity Prices

At 1:15 PM EST, Gold and Silver advanced by 0.53% and 0.55%, respectively. Brent increased by 1.86% while WTI grew by 0.44% in the energy market at 12:13 PM CDT.

4. CURRENCY/ FX MARKET

The NAFEX rate depreciated by 2.77% from N1,309.07/USD to N1,346.35/USD, while the BDC rate depreciated by 0.75% from N1,330/USD to N1,340/USD. For updates on the Nigerian FX Market, kindly click here.