Market Round up for the week ended 03.06.22 – First Ideas Limited

Market Round up for the week ended 03.06.22

Market Round-up for the Week Ended 030622
Key Highlights
• The equities market recorded negative performance – the listed equities market, NGXASI, recorded a -2.18% loss WoW and the NASD OTC closed negative with a -5.31% loss
• The IEFX and the NAFEX rate closed positive.
• The BDC rates closed flat
• The Brent Crude Oil and WTI Crude Oil prices moved upwards at the end of the week.
• The FMDQ Debt Market Size closed positive
• AFEX ACI index closed positive while the AEI index closed negative

1. Equity

NGX
• The NGXASI dropped by -2.18% W-o-W.
• On top gainer and loser sector indices, NSE Insurance closed positive with +0.83% while NSE-IND closed negative with -3.73% W-o-W.
• During the week, the Gote Index closed negative by -6.66% and the Toni Index closed negative by -0.63% W-o-W.

Market Performance
Sectors 27-May-22 03-Jun-22 WoW Chg
NGX ASI 54,085.30 52,908.24 -2.18%
NSE-30 1,984.00 1,922.43 -3.10%
NSE Consumer Goods 664.23 647.55 -2.51%
NSE Banking 427.47 424.34 -0.73%
NSE Insurance 180.28 181.78 0.83%
NSE Oil and Gas 551.49 549.01 -0.45%
NSE LII 3,366.24 3,254.81 -3.31%
NSE-IND 2,278.71 2,193.62 -3.73%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,895.83 1,860.92 -1.84%
NSE Premium 5,044.35 4,966.83 -1.54%
NSE Main Board 2,357.97 2,344.74 -0.56%
NSECG 1,392.36 1,353.28 -2.81%
NSEAFRBVI 1,003.39 988.28 -1.51%
NSEAFRHDYI 3,283.02 3,302.15 0.58%
NSEMERIGRW 2,424.06 2,384.50 -1.63%
NSEMERIVAL 2,297.03 2,228.81 -2.97%
NSEGROWTH 1,432.57 1,443.13 0.74%
Dangote Index 154.59 144.30 -6.66%
Elumelu Index 117.12 116.38 -0.63%
Source: NSE

NASD
The NASD USI closed negative with -5.31% loss W-o-W
Market CAP closed negative with -5.31% loss W-o-W
Parameter 27-May-22 03-Jun-22 WoW Chg
USI 794.83 752.59 -5.31%
MKT Capitalization (Bn) 1,046.33 990.72 -5.31%
Volume Traded 50.00 140,936.00 281772.00%
Value Traded (000) 850.00 12,191,233.00 1434162.71%
Deals Executed 1.00 16.00 1500.00%
Source: NASD Plc
For more updates on the Unlisted OTC market, visit the NASD Page

2. Bonds

Debt Market Size
The FMDQ Debt Market Size moved up by +1.17% to close at N27.72trn
Debt Market Size as @ May 20, 2022
Index 03-Jun-22 27-May-22 % Chg
Debt Market Size 27.72 27.4 1.17%

3. Commodities

Global Commodities
Brent crude oil prices moved up by +0.62% W-o-W to $119.64 per barrel
WTI moved up by +3.73% W-o-W to $118.98 per barrel as at the time of writing this report. (05:35pm)

Commodity 03-Jun-22 27-May-22 31-Dec-21 Weekly Chg YTD Chg
Brent 119.64 118.9 78.53 0.62% 52.35%
WTI 118.98 114.7 75.89 3.73% 56.78%
Gold 1852.8 1850.9 1827.5 0.10% 1.38%
Silver 21.915 22.09 23.265 -0.79% -5.80%
Platinum 1016.6 942.4 958 7.87% 6.12%
Palladium 1963.5 1995.9 1883.5 -1.62% 4.25%
CNBC

AFEX Indices
ACI moved up by +3.73% W-o-W to close at 475.78 and the AEI moved down by -0.38% W-o-W to close at 197.95
Afex Indices
Index 03-Jun-22 27-May-22 % Chg
ACI 475.78 458.67 3.73%
AEI 197.95 198.7 -0.38%

AFEX Commodities
Maize moved down by -12.89% to close at N213.62 while Paddy Rice dropped by -1.56% to close at N228.87
Afex Commodity Prices
Commodities 03-Jun-22 27-May-22 % Chg
Maize 213.62 245.24 -12.89%
Sorghum 217 259.8 -16.47%
Cashew 499.93 623.59 -19.83%
Cocoa 1243.33 1272.83 -2.32%
Ginger 1009.62 1027.14 -1.71%
Sesame 555.63 481.17 15.47%
Soybeans 421.83 457.66 -7.83%
Paddy rice 228.87 232.5 -1.56%
Source: AFEX

5. Forex
The NAFEX and the IEFX rates closed positive.
BDC Rate closed flat

FX 03-Jun-22 27-May-22 % Chg 31-Dec-21 YTD Chg
I & E 419.7 419.5 0.05% 435 -3.52%
BDC 606 606 0.00% 568 6.69%
NAFEX 418.45 418.08 0.09% 414.45 0.97%
Source: FMDQ, CBN, Everdon

About the Author

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First Ideas Limited is an investment and financial advisory company established in 1994 to provide advisory services to high net worth individuals, trust funds, financial institutions and medium sized companies in growth sectors.

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