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Investors Gain N44.03bn as NGXASI Inches up by 0.15%; Overnight Rate Closes Flat at 11.00%; BDC Rate Depreciates to N750

Jan 31, 2023   •   by   •   Source: Proshare   •   eye-icon 178 views

Snapshot


 

1. EQUITIES MARKET 

 

Nigerian Equities Market closed positive as the key market indicator inched up by 80.84 bps amid positive market breadth.

 

The NGX All-Share Index inched up by 0.15% to close at 53,238.67 basis points as against 0.95% gain recorded previously to close at 53,157.83 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N44.03bn gain.

 

YTD, the NGXASI Stands at +3.88%

 

The total volume traded advanced by 24.25% to close at N250.19m, valued at N5.88bn and traded in 4,328 deals. UNIVINSURE  was the most traded stock by volume with 48.55m units traded while AIRTELAFRI was the most traded stock by value which is put at N3.31bn 

 

Sectoral performance was broadly negative as six (6) NGX sector index closed northward, seven (7) sector index closed southward and five (5) closed flat. The NGX GROWTH index advanced by 7.94% to top the gainer’s chart while the NGX Food and Beverages index declined by 0.17% to top the losers’ chart.

 

The Gote index stayed flat to close at 139.58 basis points while the Toni index declined by 0.06% to close at 122.38 basis points.

 

At the close of trading, the market recorded 28 gainers to 15 losers and 68 unchanged. GEREGU topped the list of gainers while CHAMS topped the list of losers. 

 

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.16x.

 

Volume and Value Contribution

UNIVINSURE  led the volume’s chart with 19.41% contribution and closely followed by GTCO  and ZENITHBANK

 

AIRTELAFRI tops the value’s chart with 56.24% contribution and followed by GEREGU and GTCO  

 

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. 

 

1.2 NASD OTC Exchange - Unlisted Equities

The NASD market index advanced by 0.06% to close at 709.39 basis points as against the 0.82% gain recorded previously to close at 708.99 basis points. 

 

The total volume traded advanced by 531.19% to close at 20,350,692 units valued at N29.51m and traded in 14 deal(s). 

 

At the close of trading, NASD OTC market recorded two (2) 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 Russia MICEX Index leads the top five gainers with 0.96% gain while Phillipines PSEI index leads top five losers with 2.55% loss as of 4pm Nigerian Time

 

1.4 African Indices

Similarly, on the African scene, the Casablanca Index tops the top five gainers with 1.54% gain while the Egypt EGX 30 Index tops the top five losers with 3.41% loss as of 4pm Nigerian Time

 

 

 

2.1 Debt Market Size

The Debt Market Size closed flat at the close of trading.

 

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate stayed flat to close at 11.00% while the Open Repo (OPR) rate stays stayed flat to close at 10.50%

 

 

 

3.1 AFEX Indices

The AFEX ACI declined by 1.40% to close at 497.42 while the AFEX also declined by 10.07% to close at 245.07 

 

3.2 AFEX Commodity Prices

Sorghum advanced by 2.12% to top the gainers chart while Cocoa declined by 5.35% to top the losers’ chart.

 

3.3 Global Commodity Prices

Gold advanced by 0.27% while Silver also advanced by 0.04% as of 10: 49 NY time

 

In the energy market, Brent advanced by 0.19% and WTI also advanced by 1.44% as of 10.51 AM Central Daylight Time (CDT)

 

 

The naira at the I&E FX Window advanced by 0.05% to close at N461.50/USD while the NAFEX rate advanced by 0.03% to close at N461.29/USD

 

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