Snapshot

Nigerian Equities Market closed negative as the key market indicator declined by 27.63 bps amid negative market breadth.

The NGX All-Share Index declined by 0.05% to close at 55,794.51 basis points as against 0.04% gain recorded previously to close at 55,822.14 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N14.61bn loss.

YTD, the NGXASI Stands at +8.87%

The total volume traded declined by 11.38% to close at N276.04m, valued at N8.60bn and traded in 3,467 deals. TRANSCORP was the most traded stock by volume with 87.37m units traded while BUACEMENT was the most traded stock by value which is put at N7.05bn

Sectoral performance was negative as two (2) NGX sector index closed northward, thirteen (13) sector index closed southward and three (3) closed flat. The NGX PREMIUM index advanced by 0.45% to top the gainer’s chart while the NGX AFRHDYI Index declined by 0.58% to top the losers’ chart.

The Gote index closed flat at 150.82 basis points while the Toni index declined by 1.16% to close at 124.74 basis points.

At the close of trading, the market recorded 9 gainers to 18 losers and 84 unchanged. NRC 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 -0.11x.

Volume and Value Contribution

TRANCORP led the volume’s chart with 31.65% contribution and closely followed by BUACEMENT and UBA

BUACEMENT tops the value’s chart with 81.99% contribution and followed by ZENITHBANK and TRANCORP

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 1.05% to close at 727.42 basis points as against 0.08% gain recorded previously to close at 719.83 basis points.

The total volume traded advanced by 1.05% to close at 10,322,354 units valued at N13.70m and traded in 14 deal(s).

At the close of trading, NASD OTC market recorded two (2) 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 East lsreal TA-100  leads the top two gainers with 0.48% gain while the Argentina Merval index leads top five losers with 4.11% 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 2.16% gain while Uganda All Share Index tops the top five losers with 1.07% loss as of 4pm Nigerian Time

2.1 Debt Market Size

The Debt Market Size closed flat to close  at N31.97trn.

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate close negative at 0.46% to close at 10.81% while the Open Repo (OPR) rate stays flat to close at 10.50%

The AFEX ACI advanced by 0.99% to close at 482.02 while the AFEX AEI advanced by 0.20% to close at 220.12.

Soyabean advanced by 0.03% to top the gainers chart while Maize declined by 3.21% to top the losers’ chart.

3.3 Global Commodity Prices

Gold advanced by 0.96% while Silver advanced by 2.24% as of 10: 51 NY time

In the energy market, Brent advanced by 0.15% and WTI also advanced by 0.08% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window advanced by 0.09% to close at N461.5/USD while the NAFEX rate advanced by 0.04% to close at N461.46/USD