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

Market Round-up for the Week Ended

Market Round-up for the Week Ended 220722
Key Highlights
• The equities market recorded negative performance – the listed equities market, NGXASI, recorded a -0.45% loss WoW and the NASD OTC closed negative with a -0.67% loss
• The IEFX and the NAFEX rate closed negative.
• The BDC rates closed flat
• The Brent Crude Oil price moved up while the WTI Crude Oil price moved down at the end of the week.
• The FMDQ Debt Market Size closed positive
• AFEX ACI closed negative while the AEI index closed positive

1. Equity
NSE
• The NGXASI dipped by -0.45% W-o-W.
• On top gainer and loser sector indices, NSE Oil and Gas closed positive with +3.80% while NSE Banking closed negative with -4.06% W-o-W.
• During the week, the Gote Index closed flat while the Toni Index closed negative by -1.17% W-o-W.

Market Performance
Sectors 15-Jul-22 22-Jul-22 WoW Chg
NGX ASI 52,215.12 51,979.92 -0.45%
NSE-30 1,895.62 1,885.02 -0.56%
NSE Consumer Goods 613.26 601.18 -1.97%
NSE Banking 395.91 379.85 -4.06%
NSE Insurance 172.63 175.75 1.81%
NSE Oil and Gas 541.08 561.63 3.80%
NSE LII 3,255.83 3,246.71 -0.28%
NSE-IND 2,077.08 2,066.84 -0.49%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,802.48 1,786.64 -0.88%
NSE Premium 4,849.38 4,841.38 -0.16%
NSE Main Board 2,332.80 2,317.29 -0.66%
NSECG 1,306.76 1,296.23 -0.81%
NSEAFRBVI 928.86 903.72 -2.71%
NSEAFRHDYI 3,163.71 3,122.97 -1.29%
NSEMERIGRW 2,323.89 2,347.37 1.01%
NSEMERIVAL 2,133.36 2,082.35 -2.39%
NSEGROWTH 1,492.06 1,498.14 0.41%
Dangote Index 138.19 138.19 0.00%
Elumelu Index 112.15 110.84 -1.17%
Source: NSE

NASD
The NASD USI closed negative with -0.67% loss W-o-W
Market CAP closed negative with -0.67% loss W-o-W
Parameter 15-Jul-22 22-Jul-22 WoW Chg
USI 772.08 766.92 -0.67%
MKT Capitalization (Bn) 1,016.38 1,009.58 -0.67%
Volume Traded 47,081.00 333,659.00 608.69%
Value Traded (000) 2,655,320.00 19,687,123.91 641.42%
Deals Executed 11.00 14.00 27.27%
Source: NASD Plc

2. Bonds

Debt Market Size
The FMDQ Debt Market Size moved up by +0.90% to close at N29.20trn
Debt Market Size as @ July 22, 2022
Index 22-Jul-22 15-Jul-22 % Chg
Debt Market Size 29.2 28.94 0.90%

3. Commodities
Global Commodities
Brent crude oil prices moved up by +3.82% W-o-W to $104.98 per barrel
WTI moved down by -0.70% W-o-W to $96.99 per barrel as at the time of writing this report. (05:02pm)

Commodity 22-Jul-22 15-Jul-22 31-Dec-21 Weekly Chg YTD Chg
Brent 104.98 101.12 78.53 3.82% 33.68%
WTI 96.99 97.67 75.89 -0.70% 27.80%
Gold 1727.8 1702.1 1827.5 1.51% -5.46%
Silver 18.655 18.575 23.265 0.43% -19.82%
Platinum 867.7 829.6 958 4.59% -9.43%
Palladium 2024.5 1830 1883.5 10.63% 7.49%
CNBC

AFEX Indices
ACI moved down by -0.80% W-o-W to close at 465.07 and the AEI moved up by +2.25% W-o-W to close at 194.84
Afex Indices
Index 22-Jul-22 15-Jul-22 % Chg
ACI 465.07 468.82 -0.80%
AEI 194.84 190.55 2.25%

AFEX Commodities
Maize moved down by -9.88% to close at N225.31 and Paddy Rice moved up by +5.20% to close at N245.71
Afex Commodity Prices
Commodities 22-Jul-22 15-Jul-22 % Chg
Maize 225.31 250 -9.88%
Sorghum 265 200.04 32.47%
Cashew 689.88 600 14.98%
Cocoa 1198.33 1230 -2.57%
Ginger 1189 1189 0.00%
Sesame 766.83 680 12.77%
Soybeans 413.31 398 3.85%
Paddy rice 245.71 233.56 5.20%
Source: AFEX

4. Forex
The NAFEX and the IEFX rates closed negative.
BDC Rate closed flat
FX 22-Jul-22 15-Jul-22 % Chg 31-Dec-21 YTD Chg
I & E 430 430.33 -0.08% 435 -1.15%
BDC 620 620 0.00% 568 9.15%
NAFEX 423.83 426.5 -0.63% 414.45 2.26%
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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