Equities Market Closed Marginally Down on Monday with NGXASI Down 0.01% and NSI Down 0.05%; BDC Rate Depreciated to N1,485/US$1
Snapshot
The Nigerian equities market closed slightly bearish at the start of the week, with the benchmark All-Share Index (ASI) down 0.01% intraday, driven by selloffs in IMG (-9.95%), IKEJAHOTEL (-7.28%), NB (-4.01%), FIRSTHOLDCO (-1.92%), GTCO (-1.57%), FIDSON (-0.14%), and 17 others.
The index closed the day at 166,112.50 points, down from 166,129.50 points the previous trading day. Investors’ wealth decreased by N10.90bn, with market capitalisation closing at N106.34trn. Market sentiment closed bullish, with 43 gainers led by LEARNAFRCA, CHAMPION and NCR against 23 decliners led by IMG.
NCR, NEIMETH, MORISON, JBERGER, DEAPCAP, REDSTAREX, and SCOA all traded above their 52-week highs at N141.40, N11.10, N6.22, N168.00, N4.90, N14.50 and N16.35, respectively.
The Proshare memorandum index also closed intraday down, with the price-weighted return down 0.05% to close at 1,010.21 points, down from 1,010.75 points in the previous session, and the float-adjusted return fell 0.10% to close at 729.41 points, down from 730.13 points in the previous session.
Financial Markets News
Volume and Value Contribution
Market activities was mixed. The total volume traded increased by 16.62% to 629.60m with a value of N14.75bn across 57,858 deals. NSLTECH recorded the highest volume and value with 83.31m units, accounting for 13.23% of the total volume traded for the day, while ZENITHBANK recorded the highest value traded at N1.57bn, accounting for 10.64% of total value traded for the day. ACCESSCORP and JAIZBANK accounted for 8.40% and 6.31% of total volume, respectively, while ARADEL and ACCESSCORP followed ZENITHBANK in traded value.
NGX Earnings Summary
- Geregu Power Plc Q4 2025 Financial Statement – NGX
NGX Corporate News
- Presco Plc Notice Of Closed Period – NGX
- Airtel Africa Plc Notification Of Transaction In Own Shares – NGX
- Cadbury Nigeria Plc Notices Of Board Meeting – NGX
For more analysis of the NGX-listed equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
Similarly, the unlisted NASD Securities Index (NSI) also closed marginally bearish on Monday, down 0.05% to 3,667.22 points from 3,668.95 points on Friday.
The total volume traded advanced to 2.71m, valued at N18.23m across 43 deals.
At the close of trading, the NASD OTC recorded four (4) gainers and three (3) losers.
1.3 Global Indices
The global indices closed lower on Monday, with the Hong Kong’s Hag Seng leading the losers’ 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 publishing this report.
2.2 Overnight and Open Repo (OPR)
The Overnight and Open Repo rates were unavailable while preparing the report.
3.1 AFEX Indices
On Monday, the AFEX ACI and AEI closed flat at N56.17 and N51.23, respectively. Data on AFEX Indices can be accessed here.
3.2 AFEX Commodity Prices
At the AFEX Commodity Market on Monday, sorghum increased 1.88% to close at N527.50, while soybeans and maize decreased by 1.03% and 0.18%, respectively, to close at N818.66 and N431.16. Click here to access more data on AFEX commodity prices.
3.3 LCFE Commodity Price(s)
Eko Gold, Premium Eko Rice, and Eko Rice Classic prices at the Lagos Commodities and Futures Exchange (LCFE) remained unchanged on Monday, closing at N140,000.00 per gram, N70,000.00 per 50kg, and N66,000 per 50kg, respectively.
3.4 Global Commodity Prices
In the global commodity market, Gold and Silver rose 1.56% and 3.82%, respectively, to close at US$4,667.92 and US$93.57. Brent and WTI crude futures decreased 0.55% and 0.52%, respectively, to close at US$63.78 and US$59.03, as of 02:33 PM GMT on Monday, as civil unrest in Iran subsided, reducing the likelihood of a U.S. attack that could disrupt supply from the major producer, while the market also tracks the escalating stand-off over Greenland.
The average BDC rate depreciated 0.34% from N1,480/USD to N1,485/USD, while the NFEM rate closed at N1,417.95/USD on Friday. For updates on the Nigerian FX Market, kindly click here.
