1. EQUITIES MARKET
Nigerian Equities Market closed positive as the key market indicator advanced by 131.64 bps amid negative market breadth.
The NGX All-Share Index advanced by 0.24% to close at 54,496.31 basis points as against a 0.07% gain recorded previously to close at 54,364.67 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N71.7bn gain.
YTD, the NGXASI Stands at +6.33%
The total volume traded advanced by 26.33% to close at N177.92m, valued at N5.69bn and traded in 3,617 deals. BUAFOODS was the most traded stock by volume with 50.01m units traded while BUAFOODS was the most traded stock by value which is put at N3.72bn
Sectoral performance was broadly positive as nine (9) NGX sector index closed northward, five (5) sector index closed southward and four (4) closed flat. The NGX PREMIUM index advanced by 0.52% to top the gainer’s chart while the NGX Banking Index declined by 0.53% to top the losers’ chart.
The Gote index advanced by 0.05% to close at 141.13 basis points while the Toni index declined by 0.56% to close at 124.54 basis points.
At the close of trading, the market recorded 17 gainers to 19 losers and 70 unchanged. TRIPPLEG topped the list of gainers while INTENEGINS topped the list of losers.
Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.03x.
Volume and Value Contribution
BUAFOODS led the volume’s chart with 28.11% contribution and closely followed by UBA and ACCESSCORP
BUAFOODS tops the value’s chart with 65.35% contribution and followed by SEPLAT and MTNN
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 advanced by 0.04% to close at 706.41 basis points as against the 0.07% gain recorded previously to close at 706.15 basis points.
The total volume traded advanced by 2.28% to close at 102,383,301 units valued at N94.09m and traded in 11 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 Argentina Merval Index leads the top five gainers with 5.28% gain while the Russia MICEX index leads top five losers with 1.44% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Egypt EGX 100 EWI Index tops the top five gainers with 1.93% gain while Kenya All Share Index tops the top three losers with 2.48% 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 close d flat at 10.81% while the Open Repo (OPR) rate closed flat at 10.50%
3.1 AFEX Indices
The AFEX ACI advanced by 0.59% to close at 461.74 while the AFEX AEI advanced by 0.10% to close at 234.05
3.2 AFEX Commodity Prices
Cashew advanced by 3.89% to top the gainers chart while Cocoa declined by 0.85% to top the losers’ chart.
3.3 Global Commodity Prices
Gold declined by 0.40% while Silver declined by 1.54% as of 11: 46 NY time
In the energy market, Brent declined by 1.56% and WTI also declined by 1.75% as of 11: 47 AM Central Daylight Time (CDT)
The naira at the I&E FX Window declined by 0.06% to close at N461.76/USD while the NAFEX rate declined by 0.05% to close at N461.42/USD
