Market Round-up for the Week Ended 100622
Key Highlights
• The equities market recorded negative performance – the listed equities market, NGXASI, recorded a +0.55% gain WoW and the NASD OTC closed positive with a +3.02% 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 and the AEI index closed negative
1. Equity
NSE
• The NGXASI inched up by +0.55% W-o-W.
• On top gainer and loser sector indices, NSE LII closed positive with +1.62% while NSE Banking closed negative with -2.12% W-o-W.
• During the week, the Gote Index closed positive by +0.06% and the Toni Index closed positive by +0.47% W-o-W.
Market Performance
Sectors 03-Jun-22 10-Jun-22 WoW Chg
NGX ASI 52,908.24 53,201.38 0.55%
NSE-30 1,922.43 1,938.49 0.84%
NSE Consumer Goods 647.55 646.90 -0.10%
NSE Banking 424.34 415.33 -2.12%
NSE Insurance 181.78 178.85 -1.61%
NSE Oil and Gas 549.01 552.73 0.68%
NSE LII 3,254.81 3,307.50 1.62%
NSE-IND 2,193.62 2,199.13 0.25%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,860.92 1,860.48 -0.02%
NSE Premium 4,966.83 5,037.47 1.42%
NSE Main Board 2,344.74 2,342.19 -0.11%
NSECG 1,353.28 1,353.36 0.01%
NSEAFRBVI 988.28 970.65 -1.78%
NSEAFRHDYI 3,302.15 3,274.08 -0.85%
NSEMERIGRW 2,384.50 2,384.01 -0.02%
NSEMERIVAL 2,228.81 2,235.92 0.32%
NSEGROWTH 1,443.13 1,437.05 -0.42%
Dangote Index 144.30 144.39 0.06%
Elumelu Index 116.38 116.93 0.47%
NASD
The NASD USI closed positive with +3.02% gain W-o-W
Market CAP closed positive with +3.02% gain W-o-W
Parameter 03-Jun-22 10-Jun-22 WoW Chg
USI 752.59 775.32 3.02%
MKT Capitalization (Bn) 990.72 1,020.64 3.02%
Volume Traded 140,936.00 14,235.00 -89.90%
Value Traded (000) 12,191,233.00 2,477,940.00 -79.67%
Deals Executed 16.00 6.00 -62.50%
Source: NASD Plc
Debt Market Size
The FMDQ Debt Market Size moved up by +0.58% to close at N27.88trn
Debt Market Size as @ June 10, 2022
Index 10-Jun-22 03-Jun-22 % Chg
Debt Market Size 27.88 27.72 0.58%
3. Commodities
Global Commodities
Brent crude oil prices moved up by +1.60% W-o-W to $121.55 per barrel
WTI moved up by +0.92% W-o-W to $120.08 per barrel as at the time of writing this report. (06:10pm)
Commodity 10-Jun-22 03-Jun-22 31-Dec-21 Weekly Chg YTD Chg
Brent 121.55 119.64 78.53 1.60% 54.78%
WTI 120.08 118.98 75.89 0.92% 58.23%
Gold 1875.8 1852.8 1827.5 1.24% 2.64%
Silver 21.965 21.915 23.265 0.23% -5.59%
Platinum 971.2 1016.6 958 -4.47% 1.38%
Palladium 1907 1963.5 1883.5 -2.88% 1.25%
CNBC
AFEX Indices
ACI moved down by -2.13% W-o-W to close at 465.66 and the AEI moved down by -1.58% W-o-W to close at 194.82
Afex Indices
Index 10-Jun-22 03-Jun-22 % Chg
ACI 465.66 475.78 -2.13%
AEI 194.82 197.95 -1.58%
AFEX Commodities
Maize moved up by +2.69% to close at N219.36 while Paddy Rice inched up by +7.90% to close at N246.95
Afex Commodity Prices
Commodities 03-Jun-22 03-Jun-22 % Chg
Maize 219.36 213.62 2.69%
Sorghum 229.5 217 5.76%
Cashew 499.93 499.93 0.00%
Cocoa 1243.33 1243.33 0.00%
Ginger 963.62 1009.62 -4.56%
Sesame 555.63 555.63 0.00%
Soybeans 421.83 421.83 0.00%
Paddy rice 246.95 228.87 7.90%
Source: AFEX
4. Forex
The NAFEX and the IEFX rates closed positive.
BDC Rate closed flat
FX 10-Jun-22 03-Jun-22 % Chg 31-Dec-21 YTD Chg
I & E 422.5 419.7 0.67% 435 -2.87%
BDC 606 606 0.00% 568 6.69%
NAFEX 419.3 418.45 0.20% 414.45 1.17%
Source: FMDQ, CBN, Everdon
