Snapshot

Nigerian Equities Market closed negative as the key market indicator declined by 31.55 bps amid positive market breadth.

The NGX All-Share Index declined by 0.06% to close at 54,892.53 basis points as against 0.02% loss recorded previously to close at 54,924.08 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N17.19bn loss.

YTD, the NGXASI Stands at +7.11%

The total volume traded advanced by 16.72% to close at N137.56m, valued at N3.87bn and traded in 2912 deals. FIDELITYBK  was the most traded stock by volume with 21.48m units traded while MTNN was the most traded stock by value which is put at N980.1m.

Sectoral performance was broadly negative as no NGX sector index closed northward, fourteen (14) sectors index closed southward and four (4) closed flat. No NGX index advanced while the NGX INSURANCE Index declined by 1.01% to top the losers’ chart.

The Gote index stayed flat to close at 150.52 basis points while the Toni index advanced by 0.12% to close at 118.62 basis points.

At the close of trading, the market recorded 13 gainers to 11 losers and 78 unchanged. NPFMCRFBK topped the list of gainers while AIICO topped the list of losers.

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.03x.

Volume and Value Contribution

FIDELITYBK  led the volume’s chart with 19.85% contribution and closely followed by GTCO and NEIMETH

MTNN tops the value’s chart with 26.47% contribution and followed by AIRTELAFRI  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. 

The NASD market index advanced by 0.07% to close at 730.37 basis points as against the loss of 0.22% recorded previously to close at 729.87 basis points.

The total volume traded declined by 67.69% to close at 1,700,200 units valued at N3,108,000and traded in 3 deal(s). 

At the close of trading, NASD OTC market recorded two (2) gainer(s) to two (2) 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 East Isreal TA-100 index leads the top five gainers with 2.04% gain while the Austria ATX Index tops the losers with 4.42% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the Ghana GSE Composite Index tops the top five gainers with 3.39% gain while South Africa Resource 10 index tops the top five losers with 0.89% 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 declined by 0.01% to close at 18.88 and the Open Repo (OPR) declined by 0.01% to close at 18.25.

The Afex ACI advanced by 0.43% to close at 476.25 while Afex AEI advanced by 0.68% to close at 224.04.

Sorghum advanced by 6.81% while Cashew declined by 0.92% to close at 599.3.

3.3 Global Commodity Prices

Gold advanced by 0.11% while Silver advanced by 1.30% as of 10: 51 NY time.

In the energy market, Brent declined by 2.91% and WTI also declined by 2.37% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window closed flat at N461.67/USD while the NAFEX rate advanced by 0.03% to close at N461.3/USD