- Market Round-up for the Week Ended 050822
Key Highlights
- The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a +0.7% gain WoW and the NASD OTC closed negative with a +2.78%
- The IEFX rate closed negative and the NAFEX rate closed negative.
- The BDC rates closed negative.
- The Brent Crude Oil price and WTI Crude Oil price moved down at the end of the week.
- The FMDQ Debt Market Size closed negative
- AFEX ACI closed positive while the AEI index closed negative
- Equity
NSE
- The NGXASI inched up by +0.70% W-o-W.
On top gainer and loser sector indices, NSE GROWTH sectors closed positive with +5.45%, while NSE INDUSTRY closed negative with -4.59% W-o-W.
- During the week, the Dangote Index closed positive with +0.05%while the Elumelu Index closed positive by +2.35% W-o-W.
| Market Performance | |||
| Sectors | 29-Jul-22 | 05-Aug-22 | WoW Chg |
| NGX ASI | 50,370.25 | 50,722.33 | 0.70% |
| NSE-30 | 1,820.25 | 1,828.66 | 0.46% |
| NSE Consumer Goods | 573.27 | 581.63 | 1.46% |
| NSE Banking | 378.21 | 388.17 | 2.63% |
| NSE Insurance | 167.04 | 166.43 | -0.37% |
| NSE Oil and Gas | 556.28 | 557.54 | 0.23% |
| NSE LII | 3,142.86 | 3,144.10 | 0.04% |
| NSE-IND | 2,062.30 | 1,967.59 | -4.59% |
| NSE-ASeM | 658.99 | 658.99 | 0.00% |
| NSE Pension | 1,722.50 | 1,758.39 | 2.08% |
| NSE Premium | 4,593.86 | 4,744.00 | 3.27% |
| NSE Main Board | 2,280.63 | 2,243.03 | -1.65% |
| NSECG | 1,233.62 | 1,270.20 | 2.97% |
| NSEAFRBVI | 881.41 | 910.01 | 3.24% |
| NSEAFRHDYI | 3,034.86 | 3,138.47 | 3.41% |
| NSEMERIGRW | 2,347.37 | 2,322.40 | -1.06% |
| NSEMERIVAL | 2,047.35 | 2,082.52 | 1.72% |
| NSEGROWTH | 1,498.14 | 1,579.83 | 5.45% |
| Dangote Index | 138.30 | 138.37 | 0.05% |
| Elumelu Index | 106.70 | 109.21 | 2.35% |
Source: NSE
NASD
The NASD USI closed negative with -2.78% loss W-o-W
Market CAP closed negative with +2.78% loss W-o-W
| Parameter | 29-Jul-22 | 05-Aug-22 | WoW Chg |
| USI | 783.05 | 761.27 | -2.78% |
| MKT Capitalization (Bn) | 1,030.82 | 1,002.14 | -2.78% |
| Volume Traded | 261,400.00 | 463,214.00 | 77.21% |
| Value Traded (000) | 5,346,515.10 | 6,650,145.11 | 24.38% |
| Deals Executed | 15.00 | 8.00 | -46.67% |
Source: NASD Plc
- Bonds
Debt Market Size
The FMDQ Debt Market Size moved down by -0.07% to close at N29.13trn
| Debt Market Size as @ AUGUST 05, 2022 | |||
| Index | 05-Aug-22 | 29-Jul-22 | % Chg |
| Debt Market Size | 29.13 | 29.15 | -0.07% |
- Commodities
Global Commodities
Brent crude oil prices moved down by -13.14% W-o-W to $95.65 per barrel
WTI moved down by -10.13% W-o-W to $89.89 per barrel as at the time of writing this report. (04:57pm)
| Commodity | 05-Aug-22 | 29-Jul-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
| Brent | 95.65 | 110.12 | 78.53 | -13.14% | 21.80% |
| WTI | 89.89 | 100.02 | 75.89 | -10.13% | 18.45% |
| Gold | 1790.5 | 1762.7 | 1827.5 | 1.58% | -2.02% |
| Silver | 19.8 | 20.225 | 23.265 | -2.10% | -14.89% |
| Platinum | 930 | 891.2 | 958 | 4.35% | -2.92% |
| Palladium | 2119.5 | 2132 | 1883.5 | -0.59% | 12.53% |
| CNBC | |||||
AFEX Indices
ACI moved down by -5.40% W-o-W to close at 454 and the AEI remained flat W-o-W to close at 188.96
| Afex Indices | |||
| Index | 05-Aug-22 | 29-Jul-22 | % Chg |
| ACI | 454 | 479.9 | -5.40% |
| AEI | 188.96 | 188.96 | 0.00% |
AFEX Commodities
Maize moved down by -11.88% to close at N220.31 and Paddy Rice moved up by +2.40% to close at N247.03
| Afex Commodity Prices | |||
| Commodities | 05-Aug-22 | 29-Jul-22 | % Chg |
| Maize | 220.31 | 250 | -11.88% |
| Sorghum | 306.46 | 265 | 15.65% |
| Cashew | 689.88 | 689.88 | 0.00% |
| Cocoa | 1198.33 | 1198.33 | 0.00% |
| Ginger | 1020.64 | 1189 | -14.16% |
| Sesame | 760 | 766.83 | -0.89% |
| Soybeans | 413.31 | 413.31 | 0.00% |
| Paddy rice | 247.03 | 241.23 | 2.40% |
Source: AFEX
- Forex
The NAFEX closed negative and the IEFX rates closed negative.
BDC Rate closed negative
| FX | 05-Aug-22 | 29-Jul-22 | % Chg | 31-Dec-21 | YTD Chg |
| I & E | 428.12 | 429 | -0.21% | 435 | -1.58% |
| BDC | 650 | 710 | -8.45% | 568 | 14.44% |
| NAFEX | 423.83 | 426.83 | -0.70% | 414.45 | 2.26% |
| Source: FMDQ, CBN, Everdon | |||||
Corporate Earnings Results for the Week Ended 050822
During the week ending Friday, August 5th, 2022, Eleven (11) quoted firms declared their results.
Eight (8) out of the Eleven (11) firms declared revenue growth. NOTORE records 178.6% growth in earnings to emerge as the firm with the highest growth in earnings while UNITYKAP recorded 30.97% negative growth in earnings to emerge as the firm with the least growth rate.
ETRANZACT tops with the highest PAT figure while UNITYKAP declared the least with a loss.
