Investors Gained N26.64bn as NGXASI Advanced by 0.05%; BDC Rate Depreciated to N1,330/USD
In
1. EQUITIES MARKET
The Nigerian stock market closed positively, gaining 48.0 basis points. However, market breadth was negative.
The NGX All-Share Index advanced by 0.05% to close at 98,169.30 basis points, compared to the previous day’s loss of 1.20% to close at 98,121.30 basis points. The NGX Market CAP also recorded a gain of N26.64bn Naira terms.
YTD, the NGXASI Stands at 31.29%
The total volume traded declined by 24.90% to close at N297.20m, valued at N6.52bn and traded in 7,417 deals. ZENITHBANK was the most traded stock by volume and value, with N48.49m and N1.77bn units traded, respectively.
The Gote Index closed flat at 347.33 basis points, while the Toni index advanced by 1.43% to close at 1,279.34 basis points.
At the close of trading, the market recorded 16 gainers, 24 losers, and 83 unchanged. TRANSCOHOT topped the gainers’ list, while STERLINGNG topped the losers’ list.
Thus, the market closed with a negative market breadth index (MBI) of -0.10x
Volume and Value Contribution
ZENITHBANK had the highest volume, contributing 16.32%, while ACCESSCORP and TRANSCORP followed closely.
According to the value chart, ZENITHBANK contributed the most, with a 27.19% share. MTNN and ACCESSCORP 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 0.10% to close at 1,101.31 basis points, compared to the gain of 0.10% recorded from the previous 1,102.46 basis points.
The total volume traded advanced by 8.53% to close at N159,837 units valued at N13.03m, traded in 17 deal(s).
At the close of trading, the NASD OTC market recorded two (2) gainers and one (1) loser.
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 negatively 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.
3.1 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 Afex Commodity Prices were unchanged today except for Paddy rice and Sorghum, which gained 10.72% and 4.02%, respectively, closing at 553.61 and 572. 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 0.24% and 0.33%, respectively. Brent declined by 0.40%, while WTI fell by 0.537% in the energy market at 12:13 PM CDT.
The NAFEX rate depreciated by 2.32% from N1,278.68/USD to N1,309.07/USD, while the BDC rate depreciated by 4.21% from N1,274/USD to N1,330/USD. For updates on the Nigerian FX Market, kindly click here.
