Snapshot

1. EQUITIES MARKET 

1.1 NGX – Listed Equities

The Nigerian equities market kicked off the trading week on a positive note, sustaining the gain recorded on Friday as investors maintained their buying interests in ARADEL (+9.99%), CUSTODIAN (+8.62%),  FLOURMILL (+1.56%), BETAGLAS (+0.56%), and 20 others, with JohnHolt breaking its 52 week high of N4.81 to trade at N5.29 per share today. 

The All-Share Index (ASI) and market capitalisation rose 0.14%, with the NGXASI closing at 97,373.94 points from 97,236.19 points on Friday. Investors gained N83.47bn as market capitalisation increased to N59.00trn, while the year-to-date return rose to 30.22%.

The market breadth closed positively at 0.09x with 29 gainers against 23 losers and 70 unchanged equities. EUNISELL topped the gainers' list, while UCAP topped the losers' list. 

The total volume traded declined 37.82% to close at 297.83m, valued at N7.52bn and traded in 9,902 deals. STERLING was the most traded stock by volume, with 119.35m units traded, while UBA was the most traded stock by value, worth 1.43bn.

The Gote and Toni indices were down 0.11% and 0.73%  to close at 250.84 points and 1,645.63 points, respectively, while the Samad index closed flat at 324.83 points. 

Volume and Value Contribution

STERLING was the most traded in volume, contributing 12.13%, while UBA and ACCESSCORP followed closely with 11.25% and 8.26%, respectively. 

UBA contributed the most in value traded, with a 13.85% share, while ARADEL and FLOURMILL followed closely. 

NGX Earnings Summary

No Financial Statement was released on the NGX website today. For an analysis of the NGX-listed equities, click here. 

NGX Corporate News

• Eunisell Interlinked Plc-Notice Of 43rd Annual General Meeting - NGX
• P Z Cussons Nigeria Plc Appointment Of A New Chief Financial Officer - NGX
• United Capital Plc Directors Dealings - NGX

For more Analysis of the Unlisted Equities, click here.

1.2 NASD OTC Exchange - Unlisted Equities

The NASD Securities Index (NSI) closed flat on Monday at 2,987.52 points.

The total volume traded declined by 63.58% to close at 172,760 units valued at N0.90m, traded in 7 deal(s).  

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

1.3 Global Indices

The global indices performed positively today, with USA's Dow Jones Ind. Avg. 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. COMMODITIES MARKET

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

On Monday, the AFEX Commodity market was partly bullish, with Soybeans Paddyrice, Maize and Cocoa rising by 8.44%, 6.17%, 4.54% and 0.59% to close at N976.00 N732.66, N613.12 and N11,065.22, respectively. 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 per gram.

3.4 Global Commodity Prices 

The global commodity market closed bearish at 2:15 PM GMT on Monday. Gold and Silver were down 1.87% and 2.24%, respectively. Brent and WTI crude futures also dropped 2.40% and 2.63%, respectively, on Monday after China's stimulus plan disappointed investors seeking fuel demand growth in the world's second-biggest oil consumer and as the U.S. dollar edged higher. Click here to access more data on Global commodity prices.

4. CURRENCY/ FX MARKET

The NAFEX rate appreciated 0.37% from N1,678.05/USD to N1,673.15/USD, while the average BDC rate depreciated 0.29% from N1,728/USD to N1,733/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.