Snapshot

Nigerian Equities Market closed flat as the key market indicator declined by 1.63 bps amid negative market breadth.

The NGX All-Share Index closed flat at 55,603.94 basis points as against a 0.14% gain recorded previously to close at 55,605.57 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N889.07mn loss.

YTD, the NGXASI Stands at +8.49%

The total volume traded advanced by 29.07% to close at N159.46m, valued at N2.48bn and traded in 4,187 deals. TRANSCORP was the most traded stock by volume with 14.42m units traded while ZENITHBANK was the most traded stock by value which is put at N344.87m

Sectoral performance was broadly negative as four (4) NGX sector index closed northward, ten (8) sector index closed southward and four (4) closed flat. The NGX OVBND index advanced by 0.49% to top the gainer’s chart while the NGX BANKING Index declined by 1.03% to top the losers’ chart.

The Gote index advanced by 0.67% to close at 146.88 basis points while the Toni index declined by 0.91% to close at 126.76 basis points.

At the close of trading, the market recorded 16 gainers to 20 losers and 71 unchanged. CAVERTON topped the list of gainers while MRS topped the list of losers. 

Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.15x.

Volume and Value Contribution

TRANSCORP led the volume’s chart with 9.04% contribution and closely followed by ZENITHBANK and GTCO

ZENITHBANK  tops the value’s chart with 13.93% contribution and followed by DANGCEM 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 declined by 0.81% to close at 718.97 basis points as against 0.02% loss recorded previously to close at 724.81 basis points.

The total volume traded advanced by 16174.99% to close at 32,297,715units valued at N36.16m and traded in 11 deal(s).

At the close of trading, NASD OTC market recorded one (1) 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 East Isreal Index leads the top five gainers with 2.73% gain while the Chile IPSA index leads top five losers with 1.25% loss as of 4pm Nigerian Time

1.4 African Indices

Similarly, on the African scene, the South Africa Industrial 25 tops the top five gainers with 1.83% gain while Egypt EGC Capped Index tops the top five losers with 2.36% loss as of 4pm Nigerian Time

2.1 Debt Market Size

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

2.2 Overnight and Open Repo (OPR)

The Overnight lending rate declined by 0.08% to close at 10.81% while the Open Repo (OPR) rate declined by 0.06% to close at 10.50%

The AFEX ACI closed flat at 472.43 while the AFEX AEI closed flat at 225.46.

Maize advanced by 4.13% to top the gainers chart while Paddy rice declined by 1.38% to top the losers’ chart.

3.3 Global Commodity Prices

Gold declined by 1.36% while Silver declined by 3.56% as of 10: 51 NY time

In the energy market, Brent declined by 1.33% and WTI also declined by 1.21% as of 10: 50 AM Central Daylight Time (CDT)

The naira at the I&E FX Window advanced by 0.04% to close at N461.50/USD while the NAFEX rate declined by 0.02% to close at N461.25/USD