Investors Gained N6.19bn as NGXASI Advanced by 0.01%; BDC Rate Depreciated to N1,498/USD
1. EQUITIES MARKET
Following Wednesday’s gain, the Nigerian equities market recorded modest gains today, driven by lingering investors’ interests in SEPLAT (+10.00%), UCAP (+9.79%), UBA (+3.94%), FLOURMILL (+3.49%), FBNH (+2.90%), NB (+1.72%), GTCO (+1.25%), and 26 others.
Consequently, the All-Share Index (NGXASI) increased by 0.01% to 99,396.23 points, up from the previous 0.17% gain at 99,385.44 points at Wednesday’s close. This uptick augmented investors’ wealth by N6.19bn, bringing the Market Capitalisation to N56.23trn, with a year-to-date return of 32.93%.
The total volume traded advanced by 91.55% to close at 529.37m, valued at N10.49bn and traded in 7,616 deals. GTCO was the most traded stock by volume and value, with 66.05m units traded at N2.93bn.
The Gote and Samad indices closed unchanged at 344.36 and 364.34 points, respectively, while the Toni index rose by 0.88% to close at 1,276.22 points.
As measured by the market breadth index (MBI), investors’ sentiment closed positively at 0.24x with 33 gainers against 16 losers, while 72 equities were unchanged. CUTIX topped the gainers’ list, while DAARCOMM topped the losers’ list.
Volume and Value Contribution
GTCO was the most traded in volume, contributing 12.48%, while UACN and ACCESSCORP followed behind.
The value chart shows that GTCO contributed the most, with a 27.92% share. JBERGER and MTNN followed closely behind.
NGX Earnings Summary
No financial statement was released today on the NGX Website. For an analysis of the NGX-listed equities, click here.
NGX Corporate News
Fbn Holdings Plc- Notice Of Board Meeting (Bm) – NGX
Airtel Africa Plc-Notification Of Transaction In Own Shares – NGX
For an Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD Securities Index dropped 0.51% to close at 1,532.10 points, reversing Wednesday’s gain of 0.16% at 1,540.03 points.
The total volume traded advanced by 23287.55% to close at N33.11m units valued at N277.04m, traded in 43 deal(s).
At the close of trading, the NASD OTC market recorded zero (0) gainer and two (2) losers.
1.3 Global Indices
The global stock indices have a mixed performance today. Japan’s Nikkei 225 is at the top of the chart in the negative territory, while Brazil’s Bovespa leads in the positive zone. 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 prices at the AFEX Commodity Market were mostly unchanged today. Maize increased by 12.30% to close at 847.17, followed by Paddy rice, which increased by 7.78% to close at 732.91. Click here to access more data on AFEX commodity prices.
3.3 LCFE Commodity Price(s)
The price of Nigeria-based Eko Gold at the Lagos Commodities and Futures Exchange (LCFE) remained unchanged today, closing at N84,000.00 per gram.
3.4 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver advanced by 1.12% and 1.32%. Brent and WTI grew by 1.89% and 0.79%, respectively, in the energy market. Click here to access more data on Global commodity prices.
The NAFEX rate depreciated by 0.65% from N1,492.71/USD to N1,502.43/USD, while the BDC rate also depreciated by 0.67% from N1,488/USD to N1,498/USD.
For updates on the Nigerian FX Marke
