Market Round-up for the Week Ended 170622
Key Highlights
• The equities market recorded negative performance – the listed equities market, NGXASI, recorded a -2.68% loss WoW and the NASD OTC closed negative with a -1.41% loss
• The IEFX and the NAFEX rate closed negative.
• The BDC rates closed flat
• The Brent Crude Oil and WTI Crude Oil prices moved downwards at the end of the week.
• The FMDQ Debt Market Size closed negative
• AFEX ACI closed positive while the AEI index closed negative
1. Equity
NSE
• The NGXASI dropped by -2.68% W-o-W.
• On top gainer and loser sector indices, NSE Growth closed positive with +2.79% while NSE Banking closed negative with -5.20% W-o-W.
• During the week, the Gote Index closed negative by -0.06% and the Toni Index closed negative by -2.57% W-o-W.
Market Performance
Sectors 10-Jun-22 17-Jun-22 WoW Chg
NGX ASI 53,201.38 51,778.08 -2.68%
NSE-30 1,938.49 1,880.41 -3.00%
NSE Consumer Goods 646.90 639.38 -1.16%
NSE Banking 415.33 393.72 -5.20%
NSE Insurance 178.85 176.68 -1.21%
NSE Oil and Gas 552.73 542.80 -1.80%
NSE LII 3,307.50 3,220.90 -2.62%
NSE-IND 2,199.13 2,197.38 -0.08%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,860.48 1,804.33 -3.02%
NSE Premium 5,037.47 4,841.55 -3.89%
NSE Main Board 2,342.19 2,301.49 -1.74%
NSECG 1,353.36 1,302.59 -3.75%
NSEAFRBVI 970.65 929.72 -4.22%
NSEAFRHDYI 3,274.08 3,207.28 -2.04%
NSEMERIGRW 2,384.01 2,355.79 -1.18%
NSEMERIVAL 2,235.92 2,196.76 -1.75%
NSEGROWTH 1,437.05 1,477.15 2.79%
Dangote Index 144.39 144.30 -0.06%
Elumelu Index 116.93 113.93 -2.57%
Source: NSE,
NASD
The NASD USI closed negative with -1.41% loss W-o-W
Market CAP closed positive with -1.41% loss W-o-W
Parameter 10-Jun-22 17-Jun-22 WoW Chg
USI 775.32 764.41 -1.41%
MKT Capitalization (Bn) 1,020.64 1,006.28 -1.41%
Volume Traded 14,235.00 1,862,715.00 12985.46%
Value Traded (000) 2,477,940.00 7,348,729.60 196.57%
Deals Executed 6.00 14.00 133.33%
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 down by -0.04% to close at N27.87trn
Debt Market Size as @ June 17, 2022
Index 17-Jun-22 10-Jun-22 % Chg
Debt Market Size 27.87 27.88 -0.04%
3. Commodities
Global Commodities
Brent crude oil prices moved down by -6.89% W-o-W to $113.18 per barrel
WTI moved down by -8.45% W-o-W to $109.93 per barrel as at the time of writing this report. (06:13pm)
Commodity 17-Jun-22 10-Jun-22 31-Dec-21 Weekly Chg YTD Chg
Brent 113.18 121.55 78.53 -6.89% 44.12%
WTI 109.93 120.08 75.89 -8.45% 44.85%
Gold 1842.3 1875.8 1827.5 -1.79% 0.81%
Silver 21.61 21.965 23.265 -1.62% -7.11%
Platinum 930.1 971.2 958 -4.23% -2.91%
Palladium 1802 1907 1883.5 -5.51% -4.33%
CNBC
AFEX Indices
ACI moved up by +1.40% W-o-W to close at 472.17 and the AEI moved down by -1.07% W-o-W to close at 192.73
Afex Indices
Index 17-Jun-22 10-Jun-22 % Chg
ACI 472.17 465.66 1.40%
AEI 192.73 194.82 -1.07%
AFEX Commodities
Maize moved up by +13.97% to close at N250 while Paddy Rice dropped by -10.71% to close at N220.5
Afex Commodity Prices
Commodities 17-Jun-22 10-Jun-22 % Chg
Maize 250 219.36 13.97%
Sorghum 202.81 229.5 -11.63%
Cashew 644.59 499.93 28.94%
Cocoa 1190.18 1243.33 -4.27%
Ginger 963.62 963.62 0.00%
Sesame 555.63 555.63 0.00%
Soybeans 202.81 421.83 -51.92%
Paddy rice 220.5 246.95 -10.71%
Source: AFEX
4. Forex
The NAFEX and the IEFX rates closed positive.
BDC Rate closed flat
FX 17-Jun-22 10-Jun-22 % Chg 31-Dec-21 YTD Chg
I & E 419.82 422.5 +0.63% 435 +3.49%
BDC 606 606 0.00% 568 -6.69%
NAFEX 418.71 419.3 +0.14% 414.45 -1.03%
Source: FMDQ, CBN, Everdon