Investors Lost N111.16bn as NGXASI Fell 0.24%; BDC Rate Appreciated to N1,638/USD
1. EQUITIES MARKET
1.1 NGX – Listed Equities
The Local bourse opened the week on a negative note, reversing the gain registered on Friday due to depreciation in prices of JBERGER (-0.00%), TRANSPOWER (-9.99%), PZ (-5.26%), NASCON (-2.58%), NGXGROUP (-2.51%), ZENITHBANK (-1.33%), ACCESSCORP (-1.33%), DANGSUGAR (-1.26%), WAPCO (-0.55%), and 11 others.
With that, the All-Share Index (ASI) was down by 24 basis points to close Monday’s session at 96,205.84 points, following a 23 basis points gain on Friday at 96,433.53 points. Investors lost N111.16bn, with market capitalisation sliding to N55.28trn, while the year-to-date return dropped some gains to close at 28.66%.
Investors’ sentiment was, however, optimistic, with the Market Breadth Index (MBI) at 0.20x, with 34 gainers against 20 losers, while 69 equities were unchanged. ETERNA topped the gainers’ list, while JBERGER topped the losers’ list.
The total volume traded advanced by 97.29% to close at 774.38m, valued at N14.65bn and traded in 10,412 deals. JAIZBANK was the most traded stock by volume, with 247.04m units traded, while ZENITHBANK was the most traded stock by value, worth N6.42bn.
The Gote and Toni indices were down 0.08% and 5.75% to close at 279.32 and 1,105.65 points, while the Samad Index closed flat at 341.83 points.
Volume and Value Contribution
JAIZBANK was the most traded in volume, contributing 31.90%, while ZENITHBANK and FBNH followed closely at 22.40% and 5.36%, respectively.
ZENITHBANK contributed the most on value contribution, with a 43.83% share, while GTCO and OANDO followed closely.
NGX Earnings Summary
No financial Statement was released on the NGX website today. For more analysis of the NGX-listed equities, click here.
NGX Corporate News
Linkage Assurance Plc Earning Forcast – NGX
FCMB Group Plc Earning Forcast – NGX
Airtel Africa Plc Notification Of Transaction In Own Shares – NGX
Custodian Investment Plc Notification Of Investment In Fbnquest Merchant Bank Limited – NGX
For more Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD Securities Index (NSI) also began the week negatively, with the NSI down 5.47% to 2,047.18 points, extending Friday’s loss of 0.17% at 2,165.59 points.
The total volume traded declined by 31.54% to close at 327,796 units valued at N359.37m, traded in 60 deal(s).
At the close of trading, the NASD OTC market recorded two (2) gainers and two (2) losers.
1.3 Global Indices
The global indices performed positively today, with Braxil’s Bovespa and Mexico’s IPC 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. COMMODITIES MARKET
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 at the AFEX Commodity Market were unchanged today. 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 N88,900.00 per gram.
3.4 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver traded up 0.14% and 0.64%, respectively, as investors repositioned in safe havens. Brent and WTI crude futures traded down 0.41% and 0.33%, respectively. Click here to access more data on Global commodity prices.
4. CURRENCY/ FX MARKET The NAFEX rate depreciated 0.03% from N1,619.42/USD to N1,619.95/USD, while the BDC rate appreciated 0.18% from N1,641/USD to N1,638/USD. For updates on the Nigerian FX Market, kindly click here
