Investors Gained N1.82trn as NGXASI Advanced by 3.39%; BDC Rate Depreciated to N1,320/USD
. EQUITIES MARKET
The Nigerian stock market closed higher by 3,329.48 points, ending the day with a positive market breadth.
The NGX All-Share Index advanced by 3.39%, closing at 87,970.37 basis points, compared to the previous day’s gain of 1.92%, which closed at 84,640.89 basis points. The NGX Market CAP also recorded a gain of N1.82trn in Naira terms.
YTD, the NGXASI Stands at 17.65%
The total volume traded advanced by 34.82% to close at N1.09bn, valued at N16.05bn and traded in 14,835 deals. JAIZBANK was the most traded stock by volume with N150.64m, while NASCON was the most traded stock by value with N2.57bn units traded.
The Gote Index advanced by 9.86% to close at 238.79, while the Toni index advanced by 5.53% to close at 700.94 basis points.
At the close of trading, the market recorded 75 gainers, 10 losers, and 35 unchanged. BERGER topped the gainer’s list, while ROYALEX topped the list of losers.
Thus, market breadth closed positively as the Market Breadth Index (MBI) is 1.86x.
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Volume and Value Contribution
JAIZBANK had the highest volume contribution with 13.84%, while AIICO and FCMB followed closely.
According to the value chart, NASCON is at the top with a 9.89% contribution. NB and UBA followed closely behind.
NGX Corporate News
No Corporate News was released on NGX today.
For Analysis on the NGX NGX-listed equities, click here.
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.
For an Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD market index declined by 0.05% to close at 951.58 basis points against the 0.26% loss recorded from the previous 952.08 basis points.
The total volume traded advanced by 18884.05% to close at N28.05m units valued at N20.05m and traded in 15 deal(s).
At the close of trading, the NASD OTC market recorded zero (0) gainer and one (1) loser.
1.3 Global Indices
Today, the stock markets around the world showed a negative performance. For more updates on the Global scene in today’s market, click here.
1.4 African Indices
The prices in the African market had a mixed performance 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 Afex commodity prices rose by 3.73% to close at 528, while Cocoa and Maize experienced a decline of 0.49%, with Cocoa closing at 4840.01 and Maize at 515.0. Click here to access more data on AFEX commodity prices.
3.3 Global Commodity Prices
Gold declined by 0.76%, while Silver declined by 0.60% at 1:15 PM EST. Brent advanced by 0.55%, while WTI advanced by 0.06% in the energy market at 12:13 PM CDT.
The NAFEX appreciated by 3.47% to close at N878.86/USD, while the BDC rate depreciated by 3.03% to close at N1,320/USD. For updates on the Nigerian FX Market, kindly click here.
