Market Round-up for the Week Ended 010722 – First Ideas Limited

Market Round-up for the Week Ended 010722

Market Round-up for the Week Ended 010722
• The equities market recorded positive performance – the listed equities market, NGXASI, recorded a +0.24% gain WoW and the NASD OTC closed positive with a +0.75% gain
• The IEFX and the NAFEX rate closed positive.
• The BDC rates closed flat
• The Brent Crude Oil price moved down while the WTI Crude Oil price moved upwards at the end of the week.
• The FMDQ Debt Market Size closed positive
• AFEX ACI and AEI index closed negative
1. Equity
NSE
• The NGXASI inched up by +0.24% W-o-W.
• On top gainer and loser sector indices, NSE Insurance closed positive with +3.59% while NSEAFRBVI closed negative with -0.43% W-o-W.
• During the week, the Gote Index closed flat while the Toni Index closed negative by -0.29% W-o-W.

Market Performance
Sectors 24-Jun-22 01-Jul-22 WoW Chg
NGX ASI 51,705.61 51,829.67 0.24%
NSE-30 1,879.05 1,888.50 0.50%
NSE Consumer Goods 626.45 623.95 -0.40%
NSE Banking 395.02 399.22 1.06%
NSE Insurance 174.27 180.52 3.59%
NSE Oil and Gas 544.53 543.19 -0.25%
NSE LII 3,238.55 3,251.41 0.40%
NSE-IND 2,155.90 2,153.10 -0.13%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,811.52 1,825.18 0.75%
NSE Premium 4,914.25 4,928.25 0.28%
NSE Main Board 2,269.60 2,274.25 0.20%
NSECG 1,313.78 1,319.61 0.44%
NSEAFRBVI 931.17 927.18 -0.43%
NSEAFRHDYI 3,205.64 3,194.15 -0.36%
NSEMERIGRW 2,343.43 2,364.21 0.89%
NSEMERIVAL 2,162.50 2,154.31 -0.38%
NSEGROWTH 1,477.15 1,492.06 1.01%
Dangote Index 143.22 143.22 0.00%
Elumelu Index 112.72 112.39 -0.29%
Source: NSE,

NASD
The NASD USI closed positive with +0.75% gain W-o-W
Market CAP closed positive with +0.75% gain W-o-W
Parameter 24-Jun-22 01-Jul-22 WoW Chg
USI 768.27 774.03 0.75%
MKT Capitalization (Bn) 1,011.36 1,018.95 0.75%
Volume Traded 323,519.00 127,001.00 -60.74%
Value Traded (000) 8,908,839.90 15,374,483.50 72.58%
Deals Executed 11.00 10.00 -9.09%
Source: NASD Plc

2. Bonds

Debt Market Size
The FMDQ Debt Market Size moved up by +0.04% to close at N28.09trn
Debt Market Size as @ July 01, 2022
Index 01-Jul-22 24-Jun-22 % Chg
Debt Market Size 28.09 28.08 0.04%

3. Commodities

Global Commodities
Brent crude oil prices moved down by -0.40% W-o-W to $111.77 per barrel
WTI moved up by +1.84% W-o-W to $108.73 per barrel as at the time of writing this report. (05:47pm)

Commodity 01-Jul-22 24-Jun-22 31-Dec-21 Weekly Chg YTD Chg
Brent 111.77 112.22 78.53 -0.40% 42.33%
WTI 108.73 106.77 75.89 1.84% 43.27%
Gold 1803.4 1828.1 1827.5 -1.35% -1.32%
Silver 19.73 21.125 23.265 -6.60% -15.19%
Platinum 868.9 905.5 958 -4.04% -9.30%
Palladium 1940.5 1864.5 1883.5 4.08% 3.03%
CNBC

AFEX Indices
ACI moved down by -4.04% W-o-W to close at 458.82 and the AEI moved down by -1.00% W-o-W to close at 189.67
Afex Indices
Index 01-Jul-22 24-Jun-22 % Chg
ACI 458.82 478.16 -4.04%
AEI 189.67 191.58 -1.00%

AFEX Commodities
Maize moved down by -18.00% to close at N205 while Paddy Rice moved up by +5.62% to close at N236.25
Afex Commodity Prices
Commodities 01-Jul-22 24-Jun-22 % Chg
Maize 205 250 -18.00%
Sorghum 214.54 218.8 -1.95%
Cashew 618.05 644.59 -4.12%
Cocoa 978.69 1230 -20.43%
Ginger 1189 963.62 23.39%
Sesame 680 555.63 22.38%
Soybeans 404 404 0.00%
Paddy rice 236.25 223.67 5.62%
Source: AFEX

4. Forex
The NAFEX and the IEFX rates closed negative .
BDC Rate closed flat
FX 01-Jul-22 24-Jun-22 % Chg 31-Dec-21 YTD Chg
I & E 425 420.13 -1.16% 435 2.30%
BDC 606 606 0.00% 568 -6.69%
NAFEX 421.29 419.17 -0.51% 414.45 -1.65%
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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