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
