Investors Lost N268.75bn as NGXASI Declined by 0.48%; BDC Rate Depreciated to N1,423/USD
1. EQUITIES MARKET
The Nigerian stock market closed negatively, losing 475.18 basis points, with a negative market breadth.
The NGX All-Share Index declined by 0.48% to close at 98,228.50 basis points, compared to the previous day’s loss of 0.89% to close at 98,703.68 basis points. The NGX Market CAP also recorded a loss of N268.75bn Naira terms.
YTD, the NGXASI Stands at 31.37%
The total volume traded advanced by 0.93% to close at N425.66m, valued at N8.35bn and traded in 9,620 deals. UBA was the most traded stock by volume and value, with N102.23m and N2.68bn units traded, respectively.
The Gote Index declined by 0.38% to close at 346.59 basis points, The Toni index declined by 0.53% to close at 1,309.31 basis points, while the Samad index closed flat with 364.34 basis points.
At the close of trading, the market recorded 15 gainers, 28 losers, and 80 unchanged. JAPAULGOLD topped the gainers’ list, while UNITYBNK topped the losers’ list.
Thus, the market closed with a negative market breadth index (MBI) of -0.16x
Volume and Value Contribution
UBA had the highest volume, contributing 24.02%, while ACCESSCORP and TRANSCORP followed closely.
The value chart shows that UBA contributed the most, with a 32.04% share. ACCESSCORP and ZENITHBANK followed closely behind.
NGX Corporate News
No Corporate News was released on NGX today.
For Analysis on the NGX NGX-listed equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD market index advanced by 3.90% to close at 1,130.67 basis points, compared to the loss of 0.60% recorded from the previous 1,088.21 basis points.
The total volume traded declined by 2.07% to close at N5.11m units valued at N148.80m, traded in 27 deal(s).
At the close of trading, the NASD OTC market recorded three (3) gainers and two (2) losers.
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.
For an Analysis of the Unlisted Equities, click here.
1.3 Global Indices
The Global Indices performed positively today. 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
On the Afex Commodity market today, Paddy rice advanced by 15.00% to close at 611.27, while Cocoa declined by 14.06% to close at 11,000. Click here to access more data on AFEX commodity prices.
3.3 Global Commodity Prices
At 1:15 PM EST, gold declined by 0.27%, while Silver advanced by 0.11%. Brent and WTI fell by 0.56% and 0.56% in the energy market, respectively, at 12:13 PM CDT.
The NAFEX rate appreciated by 0.20% from N1,402.19/USD to N1,399.37/USD, while the BDC rate depreciated by 1.34% from N1,404/USD to N1,423/USD. For updates on the Nigerian FX Market, kindly click here.
