BDC rate also depreciated by 097%
by 0.33% •
1. EQUITIES MARKET
1.1 NGX – Listed Equities
The Nigerian bourse extended its losing streak on Thursday, as investors sold off SEPLAT (-8.30%), ETERNA (-1.91%), ACCESSCORP (-1.04%), DANGSUGAR (-0.95%), OANDO (-2.9%), and 13 others.
Consequently, the All-Share Index (NGXASI) dipped 0.33% to close at 99,468.90 points as investors sustained a loss of N188.47bn, with a market capitalisation of N56.27trn and a year-to-date return of 33.03%. This follows a 0.004% drop in the ASI on Wednesday to 99,802.08 points.
The total volume traded declined by 68.27% to close at 296.73m, valued at N5.45bn and traded in 7,126 deals. FIDELITYBK was the most traded stock by volume, with N46.78m units traded, while SEPLAT was the most traded stock by value, worth 1.15bn
The Gote and Toni indices declined by 0.04% and 0.18% to close at 343.67 and 1,282.17 points, respectively, while the Samad index remained flat at 364.34 points.
As the market breadth index (MBI) measured, investors’ sentiment closed positively at 0.04x with 21 gainers against 18 losers, while 75 equities were unchanged. LINKASSURE topped the gainers’ list, while IKEJAHOTEL topped the losers’ list.
Volume and Value Contribution
FIDELITYBK was the most traded in volume, contributing 15.77%, while LINKASSURE and ACCESSCORP followed behind.
The value chart shows that SEPLAT contributed the most, with a 21.09% share. AIRTELAFRI and FIDELITYBK followed closely behind.
NGX Earnings Summary
Nigeria Infrastructure Debt Fund- Quarter 2 – Financial Statement For 2024 – NGX
For more analysis of the NGX-listed equities, click here.
NGX Corporate News
Mutual Benefits Assurance Plc.-Late Submission Of 2023 Afs – NGX
Zenith Bank Plc- Notice Of Board Meeting (BM) – NGX
Airtel Africa Plc-Notification Of Transaction In Own Shares – NGX
Cadbury Nigeria Plc Closed Period Q2 2024 – NGX
For more Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD Securities Index extended its loss by 1.04% to close at 1,491.89 points, following a 1.70% decrease on Wednesday, which closed at 1,507.57.
The total volume traded advanced by 230214.16% to close at N225.86m units valued at N4.86bn, traded in 34 deal(s).
At the close of trading, the NASD OTC market recorded zero (0) gainer and three (3) losers.
1.3 Global Indices
The global stock indices performed positively today, with Mexico’s IPC and Japan’s Nikkei 225 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 mostly unchanged today. Soybeans increased by 1.20% to close at 840.00, while Cocoa fell by 15.00% to close at 9,775.00. 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 at N87,850.00 per gram.
3.4 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver advanced by 1.50% and 2.01%. Brent and WTI fell by 0.08% and 0.11% in the energy market. Click here to access more data on Global commodity prices.
4. CURRENCY/ FX MARKET
The NAFEX rate depreciated by 0.01% from N1,534.51/USD to N1,534.65/USD, while the BDC rate also depreciated by 097% from N1,528/USD to N1,543/USD.
