Investors Gained N94.95bn as NGXASI Advanced by 0.17%; BDC Rate Depreciated to N1,488/USD
1. EQUITIES MARKET
The domestic market recouped parts of its three-session decline on renewed buying interests in FBNH (+2.99%), ZENITH (+1.42%), FLOURMILL (+1.18%), DANGSUGAR (+1.18%), GTCO (+0.92%), NB (+0.87%), UCAP (+0.46%), and 28 others.
As such, the All-Share Index (NGXASI) rose 0.17% to 99,385.44 points, up from 0.09% at 99,217.60 points at the close of the market on Tuesday. This gain increased investors’ wealth by N94.95bn as Market Capitalisation closed at N56.22trn, and year-to-date return stood at 32.91%.
The total volume traded declined by 23.57% to close at 276.36m, valued at N4.12bn and traded in 7,597 deals. ACCESSCORP was the most traded stock by volume and value, with 45.34m units traded at N859.40m.
The Gote index advanced by 0.05% to close at 344.36 points, the Toni index declined by 0.05% to close at 1,265.14 points, while the Samad Index remained flat at 364.34 points.
As the market breadth index (MBI) measured, investors’ sentiment closed positively at 0.30x with 35 gainers against 13 losers, while 74 equities were unchanged. CWG topped the gainers’ list, while NSLTECH topped the losers’ list.
Volume and Value Contribution
ACCESSCORP was the most traded in volume, contributing 16.40%, while AIICO and GTCO followed behind.
The value chart shows that ACCESSCORP contributed the most, with a 20.86% share. GTCO and MTNN followed closely behind.
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
- UAC Of Nigeria Plc -Notice Of Closed Period And Board Meeting – NGX
- MTN Nigeria Communications Plc- Notice Of Board Meeting – NGX
- UH Real Estate Investment Trust (Uhreit)-Corporate Actions For 2023 FY Distribution – NGX
- FBN Holdings Plc Directors Dealings – NGX
- Airtel Africa Plc-Notification Of Transaction In Own Shares – NGX
For an Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD Securities Index rose 0.16% to close at 1,540.03 points, reversing Tuesday’s loss of 2.38% at 1,537.55 points.
The total volume traded declined by 97.51% to close at N141,578 units valued at N213.38m, traded in 43 deal(s).
At the close of trading, the NASD OTC market recorded one (1) gainer and zero (0) loser.
1.3 Global Indices
The global stock indices performed positively today, with Japan’s Nikkei 225 and Argentina’s MerVal 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
At the AFEX Commodity Market today. Maize increased by 1.52% to close at 754.35, while Paddy rice declined by 3.94% to close at 680.00. Click here to access more data on AFEX commodity prices.
3.3 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver declined by 1.03% and 0.35%. Brent and WTI grew by 0.97% and 0.33%, respectively, in the energy market. Click here to access more data on Global commodity prices.
The NAFEX rate depreciated by 0.31% from N1,488.06/USD to N1,492.71/USD, and the BDC rate also depreciated by 0.27% from N1,484/USD to N1,488/USD.
For updates on the Nigerian FX Market
