Market Round Up for the week ended 10.06.22 – First Ideas Limited

Market Round Up for the week ended 10.06.22

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

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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