Market Round-up for the Week Ended 050822 ki – First Ideas Limited

Market Round-up for the Week Ended 050822 ki

  1. 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

 

  1. 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

 

  1. 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%

 

  1. 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

 

  1. 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.

 

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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