Market Round-up for the Week Ended 170622 – First Ideas Limited

Market Round-up for the Week Ended 170622

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

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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