Investors Lose N18.99bn as NGXASI Dips by 0.07%; Overnight Rate Expands by 0.66% to Close at 10.83%; IEFX Rate Depreciates to N436.50
- EQUITIES MARKET
1.1 NGX – Listed Equities
Nigerian Equities Market maintained negative posture to open the week in the red zone as the key market indicator dipped further by 35.21bps amid flat market breadth.
The NGX All-Share Index dipped by 0.07% to close at 49,440.21 basis points as against 0.13% loss recorded previously to close at 49,475.42 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N18.99bn loss.
YTD, the NGXASI Stands at +15.74%
The total volume traded declined by -37.33% to close at 67.37m, valued at N1.48bn and traded in 3,386 deals. FBNH was the most traded stock by volume with 9.67m units traded while SEPLAT was also the most traded stock by value which is put at N615.12m.
Sectoral performance was broadly negative as ix (6) NGX sector index closed northward, seven (7) closed southward while five (5) closed flat. The NGX MERIVAL Index inched up by 0.50% to top the gainers chart while the NGX Oil and Gas Index dipped by 1.94% to top the losers’ chart.
Dangote index closed flat at 128.26 basis points while Elumelu index advanced by 1.66% to close at 107.66 basis points.
At the close of trading, market recorded 11 gainers to 11 losers and 78 unchanged. ETRANZACT topped the list of gainers while ABCTRANS topped the list of losers.
Thus, market breadth closed flat as the Market Breadth Index (MBI) is put at 0.00x.
Volume and Value Contribution
FBNH led the volume’s chart with 14.36% contribution and closely followed by ZENITHBANK and GTCO
SEPLAT tops the value’s chart with 41.56% contribution and closely followed by ZENITHBANK 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
1.2 NASD OTC Exchange – Unlisted Equities
The NASD market inched up by 0.08% to close at 741.70 basis points as against flat position recorded to close at 741.08 basis points
The total volume traded advanced by 148.80% to close at 25.03m units valued at N135.19m and traded in 11 deals.
At the close of trading, NASD OTC market recorded three (3) 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.
1.3 Global Indices
On the global scene, the USA Nasdaq Index leads the top five gainers with 0.69% gain while India Nifty Index tops the top five losers with -1.94% loss as of 4pm Nigerian Time
1.4 African Indices
Similarly, on the African scene, the Lusaka All Share Index tops the top five gainers with 0.94% gain while the Zimbabwe All Share Index tops the top five losers with 3.78% loss as of 4pm Nigerian Time
- BONDS AND FIXED INCOME MARKETS
2.1 Debt Market Size
The FMDQ Debt Market Size was not available as of the time of finalising this report
2.2 Overnight and Open Repo (OPR)
The overnight lending rate expanded by 0.66% to close at 10.83% while the Open Repo (OPR) rate also expanded by 0.66% to close at 10.33%
- COMMODITIES MARKET
3.1 AFEX Indices
The AFEX ACI and AFEX AEI were not available as of the time of finalising this report
3.2 AFEX Commodity Prices
Cocoa advanced by 4.87% to top the gainers’ chart while Paddy Rice declined by 5.38% to top the losers’ chart.
3.3 Global Commodity Prices
Gold recorded 0.17% loss while Silver also declined by 0.97% as of 11:48 NY time
In the energy market, Brent declined by 0.39% while WTI also declined by 0.92% as of 10:49 AM Central Daylight Time (CDT)
- CURRENCY/ FX MARKET
The naira depreciated by 0.06% to close at the I&E FX Window at N436.50/USD while the NAFEX rate also appreciated by 0.03% to close at N435.53
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