Market Round Up for week ended – First Ideas Limited

Market Round Up for week ended

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

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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