1. EQUITIES MARKET
The Nigerian Equities Market closed negatively as the key market indicator declined by 301.65 bps amid positive market breadth.
The NGX All-Share Index declined by 0.46% to close at 65,687.16 basis points against the 1.10% gain recorded previously to close at 65,988.81 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N186.85bn loss.
YTD, the NGXASI Stands at 28.17%
The total volume traded declined by 9.59% to close at N500.43m, valued at N7.14bn and traded in 7,345 deals. UBA was the most traded stock by volume with N58.31m units traded, while ACCESSCORP was the most traded stock by value with N991.20m units traded.
Sectoral performance was broadly negative as thirteen (13) sector indexes closed southward, five (5) sector indexes closed northward, and two (2) closed flat. NGX-OIL AND GAS Index advanced by 4.91% to top the gainer’s chart, NGX-PREMIUM Index declined 1.07%, while NGX-ASEM and NGX-SOVBND.
The Gote index declined by 0.01% to close at 188.08 basis points, while the Toni index declined by 0.65% to close at 267.82 basis points.
At the close of trading, the market recorded 32 gainers, 24 losers and 56 unchanged. COURTVILLE topped the list of gainers, while CADBURY topped the list of losers.
Thus, market breadth closed positively as the Market Breadth Index (MBI) is 0.14x.
Volume and Value Contribution
UBA led the volume chart with a 11.65% contribution and was closely followed by ACCESSCORP and UNIVINSURE
ACCESSCORP tops the value chart with a 13.87% contribution and followed by ZENITHBANK and GTCO
NGX Earnings Summary
No Financial statement was released on the NGX Exchange today.
NGX Corporate News
No Corporate News was released on the NGX Exchange today.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD market index closed flat at 773.76 basis points as against the 0.25% gain recorded previously to close at 773.76 basis points.
The total volume traded declined by 97.75% to close at N35,615 units valued at N356,111 and traded in 8 deal(s).
At the close of trading, the NASD OTC market recorded one (1) gainer(s) and zero (0) loser(s)
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.
1.3 Global Indices
On the Global scene, the Argentina Merval top the gainer’s chart with a 1.41% gain, while the East Israel TA-100 tops the loser’s chart with a 3.06% loss as of 4 pm Nigerian Time.
1.4 African Indices
Similarly, on the African scene, Namibia NSX Namibia leads the top five gainers with a 1.81% gain, while Kenya All Share Index tops the top five losers with a 2.19% loss as of 4 pm Nigerian Time.
2. BONDS AND FIXED-INCOME MARKETS
2.1 Debt Market Size
The Debt Market Size was not available at the time of reporting.
2.2 Overnight and Open Repo (OPR)
The Overnight declined by 3.36 to close at 11.50, while the Open Repo declined by 3.17 to close at 10.83.
3.1 AFEX Indices
The AFEX ACI and AEI was not available at the time of reporting.
3.2 AFEX Commodity Prices
AFEX Commodity Prices was broadly positive as Sorghum advanced by 2.08% to close at 278.32.
3.3 Global Commodity Prices
Gold advanced by 0.10% and Silver declined by 0.12% as of 13: 12 NY time.
In the energy market, Brent advanced by 0.07%, and WTI also advanced by 0.41% as of 12:13 PM Central Daylight Time (CDT)
The naira at the I&E FX Window declined by 6.49% to close at N740.08/USD, while the NAFEX advanced by 0.26% to close at N789.22/USD.
