Market Round – Up for the Week Ended – First Ideas Limited

Market Round – Up for the Week Ended

Market Round-up for the Week Ended 080722
Key Highlights
• The equities market recorded negative performance – the listed equities market, NGXASI, recorded a -0.53% loss WoW and the NASD OTC closed negative with a -0.03% loss
• The IEFX and the NAFEX rate closed positive.
• The BDC rates closed flat
• The Brent Crude Oil price moved down and the WTI Crude Oil price moved down at the end of the week.
• The FMDQ Debt Market Size closed positive
• AFEX ACI and AEI index closed positive

1. Equity
NSE
• The NGXASI declined by -0.53% W-o-W.
• On top gainer and loser sector indices, NSEAFRBVI closed positive with +0.38% while NSE Insurance closed negative with -2.53% 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 01-Jul-22 08-Jul-22 WoW Chg
NGX ASI 51,829.67 51,557.41 -0.53%
NSE-30 1,888.50 1,878.56 -0.53%
NSE Consumer Goods 623.95 615.08 -1.42%
NSE Banking 399.22 397.99 -0.31%
NSE Insurance 180.52 175.96 -2.53%
NSE Oil and Gas 543.19 540.95 -0.41%
NSE LII 3,251.41 3,236.48 -0.46%
NSE-IND 2,153.10 2,149.77 -0.15%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,825.18 1,808.03 -0.94%
NSE Premium 4,928.25 4,918.41 -0.20%
NSE Main Board 2,274.25 2,256.50 -0.78%
NSECG 1,319.61 1,309.79 -0.74%
NSEAFRBVI 927.18 930.66 0.38%
NSEAFRHDYI 3,194.15 3,183.92 -0.32%
NSEMERIGRW 2,364.21 2,316.90 -2.00%
NSEMERIVAL 2,154.31 2,145.16 -0.42%
NSEGROWTH 1,492.06 1,492.06 0.00%
Dangote Index 143.22 143.16 -0.04%
Elumelu Index 112.39 113.31 0.82%

Source: NSE

NASD
The NASD USI closed negative with -0.03% loss W-o-W
Market CAP closed negative with -0.03% loss W-o-W
Parameter 01-Jul-22 08-Jul-22 WoW Chg
USI 774.03 773.79 -0.03%
MKT Capitalization (Bn) 1,018.95 1,018.63 -0.03%
Volume Traded 127,001.00 319,497.00 151.57%
Value Traded (000) 15,374,483.50 10,017,636.30 -34.84%
Deals Executed 10.00 8.00 -20.00%
Source: NASD Plc

2. Bonds

Debt Market Size
The FMDQ Debt Market Size moved up by +0.89% to close at N28.34trn
Debt Market Size as @ July 08, 2022
Index 08-Jul-22 01-Jul-22 % Chg
Debt Market Size 28.34 28.09 0.89%

3. Commodities
Global Commodities
Brent crude oil prices moved down by -4.21% W-o-W to $107.06 per barrel
WTI moved down by -3.72% W-o-W to $104.68 per barrel as at the time of writing this report. (05:33pm)

Commodity 08-Jul-22 01-Jul-22 31-Dec-21 Weekly Chg YTD Chg
Brent 107.06 111.77 78.53 -4.21% 36.33%
WTI 104.68 108.73 75.89 -3.72% 37.94%
Gold 1742.3 1803.4 1827.5 -3.39% -4.66%
Silver 19.23 19.73 23.265 -2.53% -17.34%
Platinum 884.5 868.9 958 1.80% -7.67%
Palladium 2143 1940.5 1883.5 10.44% 13.78%
CNBC

AFEX Indices
ACI moved up by +0.83% W-o-W to close at 462.61 and the AEI moved up by +2.73% W-o-W to close at 194.84
Afex Indices
Index 08-Jul-22 01-Jul-22 % Chg
ACI 462.61 458.82 0.83%
AEI 194.84 189.67 2.73%

AFEX Commodities
Maize moved up by +21.95% to close at N250 and Paddy Rice moved up by +1.32% to close at N239.38
Afex Commodity Prices
Commodities 08-Jul-22 01-Jul-22 % Chg
Maize 250 205 21.95%
Sorghum 214.54 214.54 0.00%
Cashew 618.05 618.05 0.00%
Cocoa 1230 978.69 25.68%
Ginger 1189 1189 0.00%
Sesame 680 680 0.00%
Soybeans 404 404 0.00%
Paddy rice 239.38 236.25 1.32%
Source: AFEX

4. Forex
The NAFEX and the IEFX rates closed positive.
BDC Rate closed flat
FX 08-Jul-22 01-Jul-22 % Chg 31-Dec-21 YTD Chg
I & E 427.75 425 -0.65% 435 +1.67%
BDC 606 606 0.00% 568 -6.69%
NAFEX 424.05 421.29 -0.66% 414.45 -2.32%
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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