Today, the local bourse closed in the red as profit-taking in SEPLAT (-3.1%), NB (-2.0%), and DANGSUGAR (-1.3%) dragged the benchmark index down 2bps to 47,353.22 points. Consequently, YTD return moderated slightly to 10.9% while market capitalisation dipped ₦6.1bn to ₦25.5tn. Trading activity improved as volume and value traded rose 64.3% and 53.5% respectively to 239.7m units and ₦3.9bn.
Across sectors within our coverage, performance was mixed as 2 indices gained, 2 lost while the AFR- ICT and Industrial Goods indices closed flat. The Insurance and Banking indices inched higher by 10bps and 1bp respectively on the back of price appreciation in REGALINS (+2.6%), ZENITH (+0.2%), and FIDELITY (+1.7%). Conversely, the Oil & Gas and Consumer Goods indices declined 176bps and 45bps respectively driven by sell pressure on SEPLAT (-3.1%), NB (-2.0%), and DANGSUGAR (-1.3%). Investor sentiment, as measured by market breadth, weakened to 0.01x from 0.03x in the prior session as 18 stocks advanced, 17 declined while 71 closed flat.
Trade Summary
Market Cap (₦’bn) 25,520.81
Market Cap ($’bn) 61.5
NGX All-Share Index 47,353.22
Daily Performance % -0.02%
WTD Performance % -0.2%
MTD Performance % -0.1%
QTD Performance % 10.9%
YTD Performance % 10.9%
Daily Volume 239.7
Daily Value (₦’bn) 3.9
Daily Value ($’m) 9.4
Sectoral Indices Performance 0.0%
NGX 30 0.0%
NGX BANKING INDEX 0.1%
NGX INSURANCE INDEX -0.5%
NGX CONSUMER GOODS INDEX -1.8%
NGX OIL/GAS 0.1%
NGX LII 0.0%
NGX INDUSTRIAL GOODS INDEX 0.0%
NGX-AseM 0.1%
