Investors Gained N141.89bn as NGXASI Advanced by 0.26%; BDC Rate Depreciated to N1,498/USD
1. EQUITIES MARKET
The Nigerian bourse opened the trading week on a positive note, rebounding from Friday’s loss as investors showed renewed interest in some banking stocks: UBA (+5.73%), ACCESSCORP (+3.35%), FBNH (+3.18%), ZENITHBANK (+2.50%), and GTCO (+1.21%).
The NGX All-Share Index (NGXASI) rose 0.26% to 97,863.34 points, compared to the previous close of -0.37% at 97,612.51 points. Investors gained N141.89bn as the Market Cap climbed to N55.36trn while the ASI’s year-to-date return grew to 30.88%.
The total volume traded declined by 52.28% to close at N366.98m, valued at N5.94bn and traded in 8,031 deals. ACCESSCORP was the most traded stock by volume and value, with N176.23m and N2.99bn units traded, respectively.
The Gote declined slightly by 0.003% to 342.73 points. The Toni index advanced by 0.80% to 1,219.53 points, while the Samad index remained flat at 364.34 points.
The market breadth index (MBI) was negative at -0.08x with 15 gainers against 22 losers, while 85 equities were unchanged. JOHNHOLT topped the gainers’ list, while CAVERTON topped the losers’ list.
Volume and Value Contribution
ACCESSCORP had the highest volume, contributing 48.02%, while FBNH and UBA followed closely.
The value chart shows that ACCESSCORP contributed the most, with a 50.42% share. FBNH 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 appreciated further by 4.67% at 1,383.63 from Friday’s gain of 3.06% to 1,321.95.
The total volume traded declined by 62.19% to close at N432,537 units valued at N249.44m, traded in 42 deal(s).
At the close of trading, the NASD OTC market recorded four (4) gainers and two (2) losers.
1.3 Global Indices
The global stock indices performed positively today, with Japan’s Nikkei 225, Taiwan’s Taiwan Weighted, and Hong Kong’s Hang Seng 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 finalizing 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 in the Afex Commodity market are mostly positive today. Soybeans advanced by 4.80% to 695.00, followed by Maize which advanced by 3.34% to close at 639.99. Click here to access more data on AFEX commodity prices.
3.3 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver advanced by 0.94% and 3.66%, respectively. Brent and WTI grew by 1.26% and 0.23%, in the energy market.
The NAFEX rate depreciated by 0.14% from N1,478.80/USD to N1,480.81/USD. The BDC rate also depreciated by 0.33% from N1,493/USD to N1,498/USD. For updates on the Nigerian FX Market,
