1. EQUITIES MARKET
Nigerian Equities Market closed negative as the key market indicator declined by 93.35bps amid negative market breadth
The NGX All-Share Index declined by 0.21% to close at 43,745.73 basis points as against 0.17% loss recorded previously to close at 43,839.08 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N50.84bn loss.
YTD, the NGXASI Stands at +2.41%
The total volume traded advanced by 7.32% to close at 172.87m, valued at N4.01bn and traded in 4,110 deals. ACCESSCORP was the most traded stock by volume with 24.68m units traded while SEPLAT was also the most traded stock by value which is put at N2.53bn
Sectoral performance was broadly negative as five (5) NGX sector index closed northward, ten (10) closed southward while three (3) closed flat. The NGX-IND index advanced by 1.33% to top the gainers chart while the Oil and Gas Index dipped by 4.31% to top the losers’ chart.
Gote index closed flat at 116.06 basis points and the Toni index declined by 0.42% to close at 105.58 basis points.
Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.08x.
Volume and Value Contribution
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 declined by 0.21% to close at 720.91 basis points as against the 0.04% gain recorded previously to close at 722.43 basis points
The total volume traded declined by 82.69% to close at 0.019m units valued at N0.69m and traded in 4 deals.
At the close of trading, NASD OTC market recorded zero (0) gainer(s) to one (1) loser(s)
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 Hong Kong Hang Seng Index leads the top five gainers with 5.23% gain while the Malaysia KLSE Index tops the top four losers with 0.99% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the South Africa Industrial 25 Index tops the top five gainers with 1.52% gain while the South Africa Financial 15 Index tops the top five losers with 0.95% loss as of 4pm Nigerian Time
2.1 Debt Market Size
The FMDQ Debt Market Size was not available as at the time of writing this report.
2.2 Overnight and Open Repo (OPR)
The Overnight lending rate contracted by 5.34% to close at 9.83% while the Open Repo (OPR) rate also contracted by 5.17% to close at 9.33%
3.1 AFEX Indices
The AFEX ACI closed flat at 455.71 while the AFEX AEI also closed flat at 202.48
3.2 AFEX Commodity Prices
Paddy Rice grew by 9.27% to top the gainers chart while Cocoa declined by 7.97% to top the losers chart.
3.3 Global Commodity Prices
Gold recorded 0.71% gain while Silver also advanced by 2.77% as of 11:29 NY time
In the energy market, Brent advanced by 1.95% while WTI also advanced by 2.17% as of 10:31 AM Central Daylight Time (CDT)
The naira depreciated by 0.68% at the I&E FX Window to close at N446/USD while the NAFEX rate depreciated by 0.08% to close at N443/USD