Investors Gained N271.61bn as NGXASI Advanced by 0.49%; BDC Rate Appreciated to N1,600/USD
Snapshot
1. EQUITIES MARKET
At the close of market on Tuesday, the Nigerian stock market extended Monday’s rally with appreciation in prices of TOTAL (+10.00%), JBERGER (+10.00%), FBNH (+9.98%), OANDO (+9.98%), OKOMUOIL (+9.98%), ETERNA (+9.96%), UCAP (+2.21%), STANBIC (+1.29%), WAPCO (+1.08%), NASCON (+1.03%), ACCESSCORP (+0.79%), UBA (+0.45%), GTCO (+0.33%), ZENITH (+0.13%), and 33 others.
As such, the All-Share Index (ASI) increased 0.49% to close at 96,510.13 points, following a 0.07% gain on Monday at 96,037.28 points as investors gained N271.61bn with market capitalisation at N55.44trn, while the year-to-date return rose to 29.07%.
Reading from the Market Breadth Index (MBI) shows investors’ sentiment closed positively at 0.58x, with 47 gainers against 14 losers, while 57 equities were unchanged. JBERGER topped the gainers’ list, while UPL topped the losers’ list.
The total volume traded advanced by 13.48% to close at 443.16m, valued at N5.64bn and traded in 8,493 deals. VERITASKAP was the most traded stock by volume, with 83.08m units traded, while ACCESSCORP was the most traded stock by value, worth N1.06bn.
The Gote and Toni indices fell 0.21% and 0.40% to close at 280.42 and 1,165.10 points, respectively, while the Samad Index closed flat at 341.83 points.
Volume and Value Contribution
VERITASKAP was the most traded in volume, contributing 18.75%, while ACCESSCORP and UNIVINSURE followed closely.
The value chart shows that ACCESSCORP contributed the most, with an 18.89% share. GTCO and FBNH followed closely.
NGX Earnings Summary
No Financial statement was released on the NGX website today. For an analysis of the NGX-listed equities, click here.
NGX Corporate News
- Sovereign Trust Insurance Plc Notice Of 29th AGM – NGX
- The Initiates Plc Directors Dealings – NGX
- Airtel Africa Plc-Notification Of Transaction In Own Shares – NGX
For more Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD Securities Index (NSI) closed bearish today, with the NSI down 5.32% to close at 1,492.54 points, a further drop from Monday’s loss of 1.48% at 1,576.40 points.
The total volume traded advanced by 162.30% to close at 266,118 units valued at N976.16m, traded in 78 deal(s).
At the close of trading, the NASD OTC market recorded zero (0) gainers and two (2) losers.
1.3 Global Indices
The global indices closed negatively today, with USA’s Nasdaq at the top of the chart. 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 finalising 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 remained unchanged today. Click here to access more data on AFEX commodity prices.
3.3 LCFE Commodity Price(s)
Eko Gold price at the Lagos Commodities and Futures Exchange (LCFE) closed flat today at N88,700.00 per gram.
3.4 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver traded down by 0.21% and 0.17%, respectively. Crude oil futures traded mixed on uncertainty around the geopolitical tensions and the Libya crisis. Brent rose 0.41%, while WTI fell 1.05%. Click here to access more data on Global commodity prices.
The NAFEX rate appreciated marginally by 0.002% from N1,598.07/USD to N1,598.04/USD, while the BDC rate also appreciated 0.50% from N1,608/USD to N1,600/USD. For updates on the Nigerian FX Market, kindly click here.
