Market Round -Up for the week Ended 260822 – First Ideas Limited

Market Round -Up for the week Ended 260822

Market Round-up for the Week Ended 260822

Key Highlights

  • The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a +0.63% gain WoW and the NASD OTC closed negative with a +0.91%
  • The IEFX rate closed positive and the NAFEX rate closed positive.
  • The BDC rates closed positive.
  • The Brent Crude Oil price and WTI Crude Oil price moved up at the end of the week.
  • The FMDQ Debt Market Size closed negative
  • AFEX ACI closed positive while AEI closed negative.
  1. Equity

NSE                                                                                                  

  • The NGXASI inched up by +0.63% W-o-W. On top gainer and loser sector indices, NSE INSURANCE sectors closed positive with +88%, while NSE Oil and Gas closed negative with -4.08%W-o-W.
  • During the week, the Gote Index closed negative with -5.08% while the Toni Index closed positive by +0.23% W-o-W.
Market Performance 
Sectors 19-Aug-22 26-Aug-22 WoW Chg
NGX ASI 49,370.62 49,682.15 0.63%
NSE-30 1,763.87 1,772.42 0.48%
NSE Consumer Goods 601.91 591.51 -1.73%
NSE Banking 387.22 384.55 -0.69%
NSE Insurance 173.95 180.70 3.88%
NSE Oil and Gas 552.68 530.15 -4.08%
NSE LII 3,067.33 3,070.65 0.11%
NSE-IND 1,847.98 1,770.60 -4.19%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,712.59 1,697.10 -0.90%
NSE Premium 4,568.07 4,476.61 -2.00%
NSE Main Board 2,229.06 2,286.02 2.56%
NSECG 1,227.07 1,217.54 -0.78%
NSEAFRBVI 888.38 889.02 0.07%
NSEAFRHDYI 3,068.01 3,026.84 -1.34%
NSEMERIGRW 2,266.87 2,210.29 -2.50%
NSEMERIVAL 2,066.28 2,055.91 -0.50%
NSEGROWTH 1,673.86 1,673.86 0.00%
Dangote Index 135.11 128.25 -5.08%
Elumelu Index 106.53 106.78 0.23%

Source: NSE

 

NASD                                   

The NASD USI closed positive with +0.91% gain W-o-W

Market CAP closed positive with +0.91% gain W-o-W

Parameter 19-Aug-22 26-Aug-22 WoW Chg
USI 754.04 760.92 0.91%
MKT Capitalization (Bn) 992.63 1,001.69 0.91%
Volume Traded 57,506.00 198,914.00 245.90%
Value Traded (000) 10,516,761.96 4,953,431.00 -52.90%
Deals Executed 6.00 9.00 50.00%

Source: NASD Plc

 

  1. Bonds

Debt Market Size

The FMDQ Debt Market Size moved down by -0.14% to close at N29.04trn

Debt Market Size as @ AUGUST 26, 2022
Index 26-Aug-22 19-Aug-22 % Chg
Debt Market Size 29.04 29.08 -0.14%

 

  1. Commodities

Global Commodities

Brent crude oil prices moved up by +2.20% W-o-W to $99.37 per barrel

WTI moved up by +0.85% W-o-W to $92.2 per barrel as at the time of writing this report. (06:27pm)

 

Commodity 26-Aug-22 19-Aug-22 31-Dec-21 Weekly Chg YTD Chg
Brent 99.37 97.23 78.53 2.20% 26.54%
WTI 92.2 91.42 75.89 0.85% 21.49%
Gold 1748.8 1763.1 1827.5 -0.81% -4.31%
Silver 18.725 19.055 23.265 -1.73% -19.51%
Platinum 855.1 886.6 958 -3.55% -10.74%
Palladium 2115 2122.5 1883.5 -0.35% 12.29%
CNBC

 

AFEX Indices

ACI moved up by +0.46% W-o-W to close at 445.12 and the AEI moved down by -4.02% W-o-W to close at 187.44

Afex Indices
Index 26-Aug-22 19-Aug-22 % Chg
ACI 445.12 443.07 0.46%
AEI 187.44 195.29 -4.02%

 

AFEX Commodities

Maize moved down by -1.53% to close at N193.7 and Paddy Rice moved down by -3.03% to close at N252.9

Afex Commodity Prices
Commodities 26-Aug-22 19-Aug-22 % Chg
Maize 193.7 196.7 -1.53%
Sorghum 295.54 303.35 -2.57%
Cashew 689.88 689.88 0.00%
Cocoa 1193.33 1193.33 0.00%
Ginger 1020.64 1020.64 0.00%
Sesame 800 790 1.27%
Soybeans 391.89 391.89 0.00%
Paddy rice 252.9 260.81 -3.03%
Wheat 380 380 0.00%

Source: AFEX

 

  1. Forex

The NAFEX closed positive and the IEFX rates closed negative .

BDC Rate closed negative

FX 26-Aug-22 19-Aug-22 % Chg 31-Dec-21 YTD Chg
I & E 430.05 429.05 -0.23% 435 +1.14%
BDC 700 675 -3.70% 568 -23.24%
NAFEX 428.44 427.88 -0.13% 414.45 -3.38%
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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