- NGX – Listed Equities
The Nigeria Exchange Group, on Wednesday, closed in the red, retracting the previous session’s gain as investors selloffs IMG (-10.00%), ZENITHBANK (-3.93%), UACN (-1.64%), GTCO (-1.58%), OANDO (-0.92%), and 15 others.
As such, the NGXASI dipped 68 basis points to close at 103,851.88 points, down from 104,560.02 points on Tuesday. Investors lost N444.99bn as Market capitalisation decreased to N65.26 trn, while the year-to-date return fell to 0.90%.
Amidst the downturn, the market breadth closed positively at 0.07x, with 25 gainers against 20 losers. ABBEYBDS, which led the gainers’ chart, traded above its 52-week high to close at N8.15, while IMG topped the losers’ chart.
The total volume traded declined by 4.64% to close at 351.66m, valued at N13.71bn and traded in 12,141 deals. ACCESSCORP was the most traded stock by volume, with 68.20m units traded, while GEREGU was the most traded stock by value, worth 5.14bn.
Volume and Value Contribution
ACCESSCORP was the most traded in volume, with a 19.39% share, while GTCO and FCMB followed closely with 10.46% and 8.18%, respectively.
GEREGU contributed the most in value traded, with a 37.47% share, while GTCO and ACCESSCORP followed closely.
NGX Earnings Summary
Access Holdings Plc Audited Financial Statement For The Year Ended 31 Dec 2024 – NGX
For more analysis of the NGX-listed equities.
- NASD OTC Exchange – Unlisted Equities
The NASD Securities Index (NSI) closed flat at 3,270.93 points amidst a downtrend in trading volume and value.
The total volume traded was 36,757 units, valued at N1.99m, in 21 deals.
At the close of trading, the NASD OTC recorded zero (0) gainers and zero (0) losers.
- Global Indices
The global indices performed negatively on Wednesday, with Brazil’s Bovespa at the top of the chart. For more updates on the Global scene,
- African Indices
The prices in the African market are relatively favourable today. For the latest data and updates,
5. COMMODITIES MARKET
AFEX Indices
The AFEX ACI and AEI were up 0.97% and 0.01% to close at N66.00 and N73.18.
AFEX Commodity Prices
On Wednesday, the AFEX Commodity Market saw maize, soybeans, and cocoa increase 1.52%, 0.70%, and 0.02% to close at N561.29, N990.21, and N11,182.39.
Global Commodity Prices
The global commodity market was bullish as of 2:30 PM GMT on Wednesday. Gold and Silver increased 2.83% and 1.70% to close at US$3,313.49 and $32.86, respectively.
Brent and WTI crude futures were up 1.78% and 2.90% to close at $65.82 and $62.51, respectively, as the market drew some strength from the possibility of trade talks between China and the United States and a report that Iraq will cut oil production in April.
6. CURRENCY/ FX MARKET
The average BDC rate appreciated 0.63% from N1,610/USD to N1,600/USD, while the NAFEM rate closed at N1,598.95/USD on Tuesday.
