Snapshot

Nigerian Equities Market closed positive as the key market indicator advanced by 479.17 bps amid positive market breadth.

The NGX All-Share Index declined by 0.90% to close at 53,603.80 basis points as against 0.47% loss recorded previously to close at 53,124.63 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N261.03bn gain.

YTD, the NGXASI Stands at +4.59%

The total volume traded advanced by 16.38% to close at N236.07m, valued at N3.26bn and traded in 3906 deals. TRANSCORP was the most traded stock by volume with 91.39m units traded while ZENITHBANK was the most traded stock by value which is put at N696.21b.

Sectoral performance was broadly negative as thirteen (13) NGX sector index closed northward, one (1) sector index closed southward and four (4) closed flat. NGX-IND index advanced by 2.69% to top the gainer’s chart while the NGX-Insurance Index declined by 0.76% to top the losers’ chart.

The Gote index advanced by 4.84% to close at 150.97 basis points while the Toni index advanced by 0.82% to close at 118.46 basis points.

At the close of trading, the market recorded 22 gainers to 14 losers and 66 unchanged. OANDO topped the list of gainers while MAYBAKER topped the list of losers.

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.12x.

Volume and Value Contribution

TRANSCORP led the volume’s chart with 38.71% contribution and closely followed by ZENITHBANK and GTCO

ZENITHBANK  tops the value’s chart with 21.36% contribution and followed by GTCO  and  MTNN

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 closed flat at 743.15 basis points as against the gain of 1.02% recorded previously to close at 743.15 basis points. 

The total volume traded declined by -99.96% to close at 8,2999 units valued at N1.20m and traded in 9 deal(s). 

At the close of trading, NASD OTC market recorded zero (0) gainer(s) to zero (0) 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 4,41% gain while the East Isreal TA-100  tops the losers with 0.97% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Nigeria All Share Index tops the top five gainers with 2.18% gain while Zimbabwe All Share Index tops the top five losers with 1.16% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The Debt Market Size was not available as at the time of filing the report.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate advanced by 0.06% to close at 19.00 and the Open Repo (OPR) wasn’t available as at the time filing the report.

The Afex ACI advanced by 0.37% to close at 477.63 and Afex AEI closes flat at 220.11

Maize advanced by 0.21% to close at 239 while Sorghum declined by 0.46% to close at 340.75.

3.3 Global Commodity Prices

Gold advanced by 0.14% while Silver declined by 0.26% as of 10: 51 NY time.

In the energy market, Brent advanced by 0.73% and WTI also advanced by 0.15% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window declined by 0.06% at N461.24/USD while the NAFEX rate advanced by 0.03% to close at N461.15/USD