Snapshot

Nigerian Equities Market closed positive as the key market indicator declined by 21bps amid negative market breadth.

The NGX All-Share Index advanced by 0.04% to close at 55,822.14 basis points as against 0.35% gain recorded previously to close at 55,801.14 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N11.44bn gain.

YTD, the NGXASI Stands at +8.92%

The total volume traded advanced by 103.92% to close at N311.48m, valued at N3.09bn and traded in 3,293 deals. TRANSCORP was the most traded stock by volume with 179.84m units traded while GTCO was the most traded stock by value which is put at N1.10bn

Sectoral performance was flat as eight (8) NGX sector index closed northward, eight (8) sector index closed southward and two (2) closed flat. The NGX GROWTH index advanced by 3.60% to top the gainer’s chart while the NGX Oil and Gas Index declined by 2.01% to top the losers’ chart.

The Gote index advanced by 1.00% to close at 150.82 basis points while the Toni index advanced by 0.94% to close at 126.20 basis points.

At the close of trading, the market recorded 18 gainers to 18 losers and 75 unchanged. TRANSCORP topped the list of gainers while CONOIL topped the list of losers. 

Thus, market breadth closed flat as the Market Breadth Index (MBI) is put at -0.09x.

Volume and Value Contribution

TRANCORP led the volume’s chart with 57.74% contribution and closely followed by GTCO and ZENITHBANK

GTCO tops the value’s chart with 35.50% contribution and followed by ZENITHBANK and STANBIC

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. 

The NASD market index advanced by 0.08% to close at 719.83 basis points as against 0.04% gain recorded previously to close at 719.23 basis points. 

The total volume traded declined by 99.42% to close at 379,067 units valued at N7.47m and traded in 11 deal(s). 

At the close of trading, NASD OTC market recorded one (1) 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.

On the global scene, the Argentina MerVal  leads the top five gainers with 2.97% gain while the Philippines PSEi index leads top five losers with 1.52% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Malawi All Share Index tops the top five gainers with 1.46% gain while South Africa Financial 15 Index tops the top five losers with 1.73% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The Debt Market Size advanced by 0.44% to close  at N31.97trn.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate declined by 0.01% to close at 10.86% while the Open Repo (OPR) rate declined by 0.01% to close at 10.50%

The AFEX ACI advanced by 0.79% to close at 477.28 while the AFEX AEI declined by 0.54% to close at 219.67.

Cashew advanced by 1.61% to top the gainers chart while Maize declined by 2.10% to top the losers’ chart.

3.3 Global Commodity Prices

Gold advanced by 0.97% while Silver declined by 1.00% as of 10: 51 NY time

In the energy market, Brent advanced by 1.37% and WTI also advanced by 1.47% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window declined by 0.04% to close at N461.10/USD while the NAFEX rate declined by 0.03% to close at N461.14/USD