Snapshot

Nigerian Equities Market closed flat at the end of today trading activities. 

The NGX All-Share Index closed flat at 51,802.48 basis points as against -0.31% loss recorded at the end of the previous trading session. In Naira terms, the NGX Market CAP records N810.63mln loss.

YTD, the NGXASI Stands at +21.27%

The total volume traded advanced by +32.38% to close at 416.47m, valued at N3.46bn and traded in 4,466 deals. MBENEFIT was the most traded stock by volume with 212.51m units traded while GTCO was the most traded stock by value which is put at N867.54m.

Sectoral performance was broadly positive as eight (8) NGX sector index closed northward, six (6) closed southward while four (4) closed flat. The NGX MERIVAL Index inched up by +0.65% while the NGX AFRHDYI dipped by -0.23% to top all sector indices otherwise.

Gote index closed flat at 143.22 basis points while Toni index closed green with +0.83% gain recorded to close at 112.36 basis points.

At the close of trading, market recorded 16 gainers to 14 losers and 73 unchanged. IKEJAHOTEL topped the list of gainers  UPL topped the list of losers. Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.03x.

NGX Snapshot

Sectoral Indices

Gainers

Losers

Volume and Value Contribution

MBENEFIT led the volume’s chart with 51.03% contribution and closely followed by GTCO and UBA. 

Source: NGX, Proshare Research

GTCO led the value’s chart with 25.08% contribution and closely followed by NESTLE and ZENITHBANK

Source: NGX, Proshare Research

NGX Earnings Summary

No Financial statement was released on the floor of the Exchange today.

NGX Corporate News

Fidelity Bank Plc notifies that it will audit its Financial Statements for the half year ended June 30, 2022. Upon completion of the audit, the Audited Financial Statements for the half year ended June 30, 2022 shall be submitted to the Central Bank of Nigeria for approval and thereafter, published in compliance with the provisions of the Nigerian Exchange Limited's Rule Book and other relevant statutes/regulations. The Bank expects to publish its Audited Financial Statements on or before August 29, 2022. 

The NASD market index inched up by +0.08% to close at 763.24 basis points as against +0.07% gain recorded previously. 

The total volume traded declined by -18.88% to close at 75,550 units valued at N10.12m and traded in 20 deals. 

At the close of trading, NASD OTC market recorded 1 gainer(s) to 1 loser(s)

Snapshot

Gainers

Losers

Volume and Value Contribution

SDNASDPLC led the volume chart with 75.81% contribution 

SDNDEP led the value chart with 55.19% contribution 

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 Index leads the top five gainers with 1.65% gain while the Austria ATX tops the top five losers with -1.89% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly on the African scene, the Egypt 100 Index tops the top five gainers with 0.73% gain while the Zimbabwe All Share Index tops the top five losers with -2.72% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The FMDQ Debt Market Size advanced by +0.18% to close at N28.06trn from previous figure of N28.01trn.

2.2 Overnight and Open Repo (OPR)

The overnight lending rate closed flat at 14.00% while the Open Repo (OPR) rate also closed flat at 14.00%

3.1 AFEX Indices

The ACI dipped by 0.02% to close at 467.89 basis points as against previous figure of 472.04 while the AEI also dipped by 0.72% to close at 189.86 basis points as against previous figure of 191.24 basis points.

3.2 AFEX Commodity Prices

Maize advanced by 10.81% to top the gainers’ chart while Paddy Rice declined by 7.77% to top the losers’ chart.

3.3 Global Commodity Prices

Gold recorded 0.04% gain while Silver declined by 0.14% as of 12:26 NY time

In the energy market, Brent advanced by 3.57% while WTI declined by 0.05% as of 11:30AM Central Daylight Time (CDT)

Source: Proshare Research, Oilprice.com, Goldprice.org

The naira depreciated by 0.80% at the I&E FX Window to close at N424.88/USD while the NAFEX rate also depreciated by 0.29% to close at N420.05.

Source: FMDQ, BDC