1. EQUITIES MARKET
The local bourse began the week trading positively, extending Friday’s gain on appreciation in prices of ETERNA (+10.00%), OKOMUOIL (+9.99%), OANDO (+9.93%), BUAFOODS (+5.73%), DANGSUGAR (+3.25%), FBNH (+0.98%), ZENITHBANK (+0.13%), and 21 others.
As such, the All-Share Index (ASI) increased 0.07% to close at 96,037.28 points, following a 0.27% gain on Friday at 95,973.45 points as investors gained N36.67bn with market capitalisation rising to N55.17trn, while the year-to-date return stood at 28.44%.
Based on the Market Breadth Index (MBI), investors’ sentiment closed positively at 0.14x, with 28 gainers against 18 losers, while 74 equities were unchanged. ETERNA topped the gainers’ list, while TRANSPOWER topped the losers’ list.
The total volume traded advanced by 19.32% to close at 390.51m, valued at N3.88bn and traded in 9,242 deals. VERITASKAP was the most traded stock by volume, with 67.27m units traded, while ZENITHBANK was the most traded stock by volume and value, worth N503.54m.
The Gote and Samad indices were up 0.15% and 2.68% to close at 281.01 and 341.83 points, respectively, while the Toni Index fell 6.10% to close at 1,169.73 points.
Volume and Value Contribution
VERITASKAP was the most traded in volume, contributing 17.23%, while JAPAULGOLD and FCMB followed closely.
The value chart shows that ZENITHBANK contributed the most, with a 12.96% share. GTCO and OANDO followed closely.
NGX Earnings Summary
No Financial statement was released on the NGX website today. For an analysis of the NGX-listed equities, click here.
NGX Corporate News
- FBN Holdings Plc Cancellation Of Annual General Meeting – NGX
- Veritas Kapital Assurance Plc Notice Of Annual General Meeting – NGX
- Notore Chemical Industries Plc-Resolutions Passed At The 2023 Annual General Meeting – NGX
- The Initiates Plc Directors Dealings – NGX
For more Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD Securities Index (NSI) began the week bearish, with the NSI down by 1.48% to close at 1,576.40 points, a loss from Friday’s gain of 4.57% to 1,600.16 points.
The total volume traded advanced by 2.39% to close at 101,456 units valued at N460.49m, traded in 55 deal(s).
At the close of trading, the NASD OTC market recorded one (1) gainer and one (1) loser.
1.3 Global Indices
The global indices closed positively today, with Brazil’s Bovespa 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 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
Prices at the AFEX Commodity Market were mostly unchanged today, except for Paddy rice, which increased by 7.56% to close at N806.67, and Maize, which increased by 1.24% to close at N815.00. Click here to access more data on AFEX commodity prices.
3.3 LCFE Commodity Price(s)
Eko Gold price at the Lagos Commodities and Futures Exchange (LCFE) closed flat today at N88,700.00 per gram.
3.4 Global Commodity Prices
At 2:15 PM GMT, Gold was up by 0.20%, while Silver traded down by 0.17%. Brent and WTI increased by 4.27% and 3.55%, respectively. Click here to access more data on Global commodity prices.
The NAFEX rate appreciated 0.05% from N
1,598.85/USD to N1,598.07/USD, while the BDC depreciated 0.19% from N1,605/USD to N1,608/USD. For updates on the Nigerian FX Market, kindly click here.
