Today, the NGX-ASI fell 2bps to close at 52,308.88 points, aided by losses in MTNN (-0.4%), UBN (-3.7%), and ACCESSCORP (-1.1%). Accordingly, market capitalisation shed ₦5.9bn to ₦28.2tn though YTD return remained unchanged at 22.5%. Market activity was mixed as volume traded rose 76.9% to 205.6m units while value traded declined 19.6% to ₦2.8bn.
Across Across our coverage sectors, performance was mixed as 3 indices gained while 3 also lost. The Insurance index led the advancers, up 0.9% driven by price uptick in AIICO (+3.3%) and CORNERST (+6.5%). Similarly, the Oil & Gas and Industrial Goods indices gained 0.8% and 0.2% respectively, on account of buy interest in OANDO (+5.0%) and WAPCO (+2.5%). Conversely, the Banking index fell 0.4% due to selloffs in UBN (-3.7%) and ACCESSCORP (-1.1%). Also, the AFR-ICT and Consumer Goods indices dipped 0.2% and 0.1% respectively due to price depreciation in MTNN (-0.4%), UNILEVER (-3.2%), and INTBREW (-1.7%).
Investor sentiment, as measured by market breadth, improved to 0.00x (previously: -0.09x) as 16 indices gained, 16 lost while 70 closed flat. Investors are expected to tread cautiously in the upcoming trading sessions following the 100bps hike in MPR by the CBN.
Market Cap ($’bn) 28,208.10
NGX All-Share Index 66.7
Daily Performance % 52,308.88
WTD Performance % 0.20
MTD Performance % 0.90
QTD Performance % 0.90
YTD Performance % 22.50
Daily Volume 205.60
Daily Value (₦’bn) 2.80
Daily Value ($’m) 6.60
Sectoral Indices Performance
NGX 30 0.00
NGX BANKING INDEX -0.40
NGX INSURANCE INDEX 0.90
NGX CONSUMER GOODS INDEX -0.10
NGX OIL/GAS 0.80
NGX LII 0.00
NGX INDUSTRIAL GOODS INDEX 0.20
NGX-AseM 0.00
