Market Round-up for the Week Ended 240622
Key Highlights
• The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a -0.14% loss WoW and the NASD OTC closed positive with a +0.50% gain
• The IEFX and the NAFEX rate closed positive.
• 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 positive
• AFEX ACI closed positive while the AEI index closed negative
1. Equity
NSE
• The NGXASI dropped by -0.14% W-o-W.
• On top gainer and loser sector indices, NSE Premium closed positive with +1.50% while NSE Consumer Goods closed negative with -2.02% W-o-W.
• During the week, the Gote Index closed negative by -0.75% and the Toni Index closed negative by -1.06% W-o-W.
Market Performance
Sectors 17-Jun-22 24-Jun-22 WoW Chg
NGX ASI 51,778.08 51,705.61 -0.14%
NSE-30 1,880.41 1,879.05 -0.07%
NSE Consumer Goods 639.38 626.45 -2.02%
NSE Banking 393.72 395.02 0.33%
NSE Insurance 176.68 174.27 -1.36%
NSE Oil and Gas 542.80 544.53 0.32%
NSE LII 3,220.90 3,238.55 0.55%
NSE-IND 2,197.38 2,155.90 -1.89%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,804.33 1,811.52 0.40%
NSE Premium 4,841.55 4,914.25 1.50%
NSE Main Board 2,301.49 2,269.60 -1.39%
NSECG 1,302.59 1,313.78 0.86%
NSEAFRBVI 929.72 931.17 0.16%
NSEAFRHDYI 3,207.28 3,205.64 -0.05%
NSEMERIGRW 2,355.79 2,343.43 -0.52%
NSEMERIVAL 2,196.76 2,162.50 -1.56%
NSEGROWTH 1,477.15 1,477.15 0.00%
Dangote Index 144.30 143.22 -0.75%
Elumelu Index 113.93 112.72 -1.06%
Source: NSE
NASD
The NASD USI closed positive with +0.50% gain W-o-W
Market CAP closed positive with +0.50% gain W-o-W
Parameter 17-Jun-22 24-Jun-22 WoW Chg
USI 764.41 768.27 0.50%
MKT Capitalization (Bn) 1,006.28 1,011.36 0.50%
Volume Traded 1,862,715.00 323,519.00 -82.63%
Value Traded (000) 7,348,729.60 8,908,839.90 21.23%
Deals Executed 14.00 11.00 -21.43%
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 +0.75% to close at N28.08trn
Debt Market Size as @ June 24, 2022
Index 24-Jun-22 17-Jun-22 % Chg
Debt Market Size 28.08 27.87 0.75%
3. Commodities
Global Commodities
Brent crude oil prices moved down by -0.85% W-o-W to $112.22 per barrel
WTI moved down by -2.87% W-o-W to $106.77 per barrel as at the time of writing this report. (06:02pm)
Commodity 24-Jun-22 17-Jun-22 31-Dec-21 Weekly Chg YTD Chg
Brent 112.22 113.18 78.53 -0.85% 42.90%
WTI 106.77 109.93 75.89 -2.87% 40.69%
Gold 1828.1 1842.3 1827.5 -0.77% 0.03%
Silver 21.125 21.61 23.265 -2.24% -9.20%
Platinum 905.5 930.1 958 -2.64% -5.48%
Palladium 1864.5 1802 1883.5 3.47% -1.01%
CNBC
AFEX Indices
ACI moved up by +1.27% W-o-W to close at 478.16 and the AEI moved down by -0.60% W-o-W to close at 191.58
Afex Indices
Index 24-Jun-22 17-Jun-22 % Chg
ACI 478.16 472.17 1.27%
AEI 191.58 192.73 -0.60%
AFEX Commodities
Maize remained flat to close at N250 while Paddy Rice moved up by +1.44% to close at N223.67
Afex Commodity Prices
Commodities 24-Jun-22 17-Jun-22 % Chg
Maize 250 250 0.00%
Sorghum 218.8 202.81 7.88%
Cashew 644.59 644.59 0.00%
Cocoa 1230 1190.18 3.35%
Ginger 963.62 963.62 0.00%
Sesame 555.63 555.63 0.00%
Soybeans 404 202.81 99.20%
Paddy rice 223.67 220.5 1.44%
Source: AFEX
4. Forex
The NAFEX and the IEFX rates closed positive.
BDC Rate closed flat
FX 24-Jun-22 17-Jun-22 % Chg 31-Dec-21 YTD Chg
I & E 420.13 419.82 0.07% 435 +3.42%
BDC 606 606 0.00% 568 6.69%
NAFEX 419.17 418.71 0.11% 414.45 1.14%
Source: FMDQ, CBN, Everdon
