Snapshot

The Nigerian stock market recorded a loss of 421.91 points but had a favourable market breadth.

The NGX All-Share Index declined by 0.40% to close at 104,663.34 basis points, compared to the previous day's gain of 0.99% to close at 105,085.25 basis points. The NGX Market CAP also recorded a loss of N238.55bn Naira terms.

YTD, the NGXASI Stands at 39.97%

The total volume traded advanced by 32.34% to close at N287.45m, valued at N10.80bn and traded in 9,077 deals. UBA was the most traded stock by volume with N46.23m units traded, while TRANSPOWER was the most traded stock by value with N3.63trn units traded.

The Gote Index declined by 0.22% to close at 366.43, while the Toni index advanced by 1.35% to close at 608.65 basis points.

At the close of trading, the market recorded 27 gainers, 18 losers, and 71 unchanged. ABCTRANS topped the gainers' list, while MCNICHOLS topped the losers' list.      

Thus, market breadth closed positively as the Market Breadth Index (MBI) is 0.13x.

Volume and Value Contribution

UBA had the highest volume with a contribution of 16.08%, while GTCO and TRANSCORP followed closely.  

According to the value chart, TRANSPOWER is at the top with a 33.58% contribution. GTCO and UBA followed closely behind.

NGX Corporate News

No Corporate News was released on NGX today.

For Analysis on the NGX NGX-listed equities, click here. 

1.2 NASD OTC Exchange - Unlisted Equities

The NASD market index advanced by 1.77% to close at 1,053.98 basis points, compared to the gain of 0.70% recorded from the previous 1,035.65 basis points.

The total volume traded declined by 98.53% to close at N45,605 units valued at N63.45m and traded in 14 deal(s). 

At the close of trading, the NASD OTC market recorded two (2) gainers and zero (0) loser. 

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.

For an Analysis of the Unlisted Equities, click here.

1.3 Global Indices

The global stock market performed well today. For more updates on the Global scene in today’s market, 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.

2.1 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.

The AFEX ACI and AEI were unavailable when finalising this report. Data on AFEX Indices can be accessed here.

On the Afex commodities market, Cocoa increased by 35.01% to close at 11,779.76, while Paddy rice declined by 27.97% to close at 455.25. Click here to access more data on AFEX commodity prices.

3.3 Global Commodity Prices

Gold advanced by 0.13%, while Silver declined by 0.08% at 1:15 PM EST. Brent advanced by 0.61%, while WTI advanced by 1.33% in the energy market at 12:13 PM CDT.

The NAFEX rate appreciated by 0.39% to close at N1,602.43/USD, while the BDC rate appreciated by 0.31% to close at N1,600/USD. For updates on the Nigerian FX Market, kindly click here.