Investors Lost N8.62bn as NGXASI Declined by 0.02%; BDC Rate Depreciated to N1,520/USD
1. EQUITIES MARKET
The Nigeria stock market kicks off the trading week on a downward trend, continuing the previous decline on sustained profit-taking in PZ (-10.00%), DANGSUGAR (-0.86%), FBNH (-0.65%), TRANSCORP (-5.45%), and 21 others.
The All-Share Index (NGXASI) dipped 0.02% to close at 100,006.79 points, extending Friday’s loss of 0.04% at 100,022.03 points. As such, investors lost N8.62bn as market capitalisation fell to N56.57trn, while the year-to-date return stood at 33.75%.
The total volume traded advanced by 67.20% to close at 689.98m, valued at N7.17bn and traded in 9,635 deals. ELLAHLAKES was the most traded stock by volume, with N271.49m units traded, while GTCO was the most traded stock by value, worth N1.94bn.
The Gote and Toni indices declined by 0.02% and 0.49% to close at 343.22 and 1,291.73 points, respectively, while the Samad index remained flat at 364.34 points.
As measured by the market breadth index (MBI), investors’ sentiment closed negatively at -0.03x with 24 losers against 22 gainers, while 74 equities were unchanged. VERITASKAP topped the gainers’ list, while PZ topped the losers’ list.
Volume and Value Contribution
ELLAHLAKES was the most traded in volume, contributing 39.35%, while UNIVINSURE and GTCO followed behind.
The value chart shows that GTCO contributed the most, with a 27.04% share. UBA and ELLAHLAKES 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
- Airtel Africa Plc-Notification Of Transaction In Own Shares – NGX
- Fidson Healthcare Plc-Resolution Passed At The 25th AGM Of Fidson Healthcare Plc – NGX
- The Initiates Plc Directors Dealings – NGX
For an Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD Securities Index also kickoff the week with a 0.30% drop to close at 1,536.48 points, following a flat close at 1,541.03 points on Friday.
The total volume traded advanced by 1174.82% to close at N5.05m units valued at N54.47m, traded in 13 deal(s).
At the close of trading, the NASD OTC market recorded one (1) gainer and two (2) losers.
1.3 Global Indices
The global stock indices showed mixed performance today, with Taiwan’s Taiwan Weighted leading the positive zone and Brazil’s Bovespa leading the negative 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 19.91% to close at 803.39, while Cocoa fell by 6.12% to close at 11,500.00. 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) remained flat at N87,550.00 per gram.
3.4 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver declined by 0.67% and 0.35%. Brent and WTI fell by 0.77% and 0.95% in the energy market. Click here to access more data on Global commodity prices.
The NAFEX rate depreciated by 0.31% from N1,517.02/USD to N1,521.73/USD, while the BDC rate also depreciated by 0.46% from N1,513/USD to N1,520/USD
