Lagos, NG • GMT +1
230 views
Snapshot
1. EQUITIES MARKET
The Nigerian stock market maintained its bullish trend at the close of market on Wednesday, driven by gains in SFSREIT (+9.99%), GEREGU (+9.52%), ETERNA (+7.53%), FBNH (+6.27%), OANDO (+6.05%), VITAFOAM (+5.28%), UCAP (+2.84%), ACCESSCORP (+2.09%), and 20 others.
As such, the All-Share Index (ASI) was up 56 basis points to close Wednesday's session at 98,230.92 points, following a 23 basis points gain on Tuesday at 97,685.64 points. Investors gained N313.34bn, with market capitalisation rising to N56.45trn, while the year-to-date return closed at 31.37%.
However, investors' sentiment was positive, with the Market Breadth Index (MBI) at -0.01x on 28 gainers against 26 losers and 67 unchanged equities. HONYFLOUR topped the gainers' list, while NNFM topped the losers' list.
The total volume traded declined by 23.34% to close at 361.30m, valued at N7.57bn and traded in 9,627 deals. JAPAULGOLD was the most traded stock by volume, with 64.04m units traded, while GEREGU was the most traded stock by value, worth N1.34bn.
The Gote and Toni indices were down 0.03% and 0.41% to close at 279.86 and 1,108.06 points, respectively, while the Samad Index closed flat at 341.83 points.
Volume and Value Contribution
JAPAULGOLD was the most traded in volume, contributing 17.73%, while FBNH and UBA followed closely at 7.38% and 7.12%, respectively.
GEREGU contributed the most in terms of value contribution, with a 17.76% share, while FBNH and OANDO followed closely.
NGX Earnings Summary
- NPF Microfinance Bank Plc 2023 Audited Financial Statement - NGX
For more analysis of the NGX-listed equities, click here.
NGX Corporate News
- The Initiates Plc Directors Dealings - NGX
- United Capital Plc Directors Dealings - NGX
- Airtel Africa Plc-Notification Of Transaction In Own Shares - NGX
- Zenith Bank Plc Directors Dealings - NGX
- NPF Microfinance Bank Plc Corporate Action - NGX
For more Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange - Unlisted Equities
The NASD Securities Index (NSI) closed on a negative note on Wednesday, with the NSI down 4.05% to close at 2,195.85 points, shedding part of Tuesday's gain of 6.62% at 2,288.65 points.
The total volume traded also declined by 56.26% to close at 2.53m units valued at N715.18m, traded in 77 deal(s).
At the close of trading, the NASD OTC market recorded two (2) gainers and three (3) losers.
1.3 Global Indices
The global indices performed negatively today, with Brazil’s Bovespa at the top of the 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 finalising 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, Paddy rice increased 1.33% to close at N828.89, while Sorghum nosedive 5.56% to close at N850.00. 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) closed flat today at N88,900.00 per gram.
3.4 Global Commodity Prices
At 2:15 PM GMT, Gold and Silver traded down 0.26% and 0.94%. Brent and WTI crude futures traded up 0.53% and 1.37% on expected supply disruption from the US. Click here to access more data on Global commodity prices.
The NAFEX rate depreciated 1.39% from N1,639.20/USD to N1,662.24/USD, while the BDC rate closed flat at N1,648/USD. For updates on the Nigerian FX Market, kindly click here.
For feedback and further information, kindly contact [email protected]
Subscribe to our market intelligence notes for updates. Thank you.
Sponsored Ad
Advertise with Us
Back to top