As Overnight Rate Contracts by 0.03% to Close at 10.81%; BDC Rate Depreciates to N760
1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator advanced by 37.37 bps amid positive market breadth.
The NGX All-Share Index advanced by 0.07% to close at 54,364.67 basis points as against a 0.06% loss recorded previously to close at 54,327.30 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N20.35bn gain.
YTD, the NGXASI Stands at +6.08%.
The total volume traded declined by 19.82% to close at N140.84m, valued at N3.16bn and traded in 3,553 deals. UBA was the most traded stock by volume with 28.62m units traded while DANGCEM was the most traded stock by value which is put at N812.89m
Sectoral performance was broadly positive as thirteen (13) NGX sector index closed northward, one (1) sector index closed southward and four (4) closed flat. The NGX Oil and Gas index advanced by 0.98% to top the gainer’s chart while the NGXMERIGRW declined by 0.29% to top the losers’ chart.
The Gote index closed flat at 141.06 basis points while the Toni index advanced by 0.35% to close at 125.24 basis points.
At the close of trading, the market recorded 18 gainers to 8 losers and 85 unchanged. CONOIL topped the list of gainers while CWG topped the list of losers.
Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.12x.
Volume and Value Contribution
UBA led the volume’s chart with 20.32% contribution and closely followed by GTCO and ACCESSCORP
DANGCEM tops the value’s chart with 25.73% contribution and followed by GTCO and ZENITHBANK
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 declined by 0.07% to close at 706.15 basis points as against the 0.50% loss recorded previously to close at 705.64 basis points.
The total volume traded advanced by 17060.57% to close at 100,104,650 units valued at N86.48m and traded in 9 deal(s).
At the close of trading, NASD OTC market recorded one (1) gainer(s) to zero (0) loser(s)
Losers
NIL
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 France CAC 40 Index leads the top five gainers with 1.00% gain while the Singapore Straits Times(STI) index leads top five losers with 1.07% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Egypt EGX 70 EWI Index tops the top five gainers with 1.44% gain while Zimbabwe All Share Index tops the top four losers with 2.29% loss as of 4pm Nigerian Time
2. BONDS AND FIXED INCOME MARKETS
2.1 Debt Market Size
The Debt Market Size was not available at the time this report was compiled.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate contracted by 0.03% to close at 10.81% while the Open Repo (OPR) rate contracted by 0.02% to close at 10.50%
3.1 AFEX Indices
The AFEX ACI declined by 5.62% to close at 459.01 while the AFEX AEI advanced by 0.34% to close at 233.81
3.2 AFEX Commodity Prices
Cashew advanced by 3.85% to top the gainers chart while Maize declined by 0.49% to top the losers’ chart.
3.3 Global Commodity Prices
Gold declined by 0.40% while Silver declined by 0.18% as of 10: 37 NY time
In the energy market, Brent declined by 0.91% and WTI also declined by 0.88% as of 10: 37 AM Central Daylight Time (CDT)
The naira at the I&E FX Window declined by 0.09% to close at N461.5/USD while the NAFEX rate closed flat at N461.20/USD
