Market Round -Up for the week ended – First Ideas Limited

Market Round -Up for the week ended

Market Round-up for the Week Ended 090922

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 positive and the NAFEX rate closed positive.
  • The BDC rates closed positive.
  • The Brent Crude Oil price and WTI Crude Oil price moved down at the end of the week.
  • The FMDQ Debt Market Size closed positive
  • AFEX ACI closed positive while the AEI index closed positive

 

  1. Equity

NSE                                                                                                  

  • The NGXASI inched down by -0.70%W-o-W.

On top gainer and loser sector indices, NSE INSURANCE sectors closed positive with +1.04%, while NSE AFRBVI closed negative with -1.89% W-o-W.

  • During the week, the Gote Index closed positive with +0.91%while the Toni Index closed positive by +1.87% W-o-W.
Market Performance 
Sectors 02-Sep-22 09-Sep-22 WoW Chg
NGX ASI 50,045.83 49,695.12 -0.70%
NSE-30 1,784.67 1,772.48 -0.68%
NSE Consumer Goods 603.38 607.70 0.72%
NSE Banking 389.22 386.88 -0.60%
NSE Insurance 180.79 182.67 1.04%
NSE Oil and Gas 533.59 533.01 -0.11%
NSE LII 3,093.55 3,076.44 -0.55%
NSE-IND 1,794.65 1,794.45 -0.01%
NSE-ASeM 658.99 658.99 0.00%
NSE Pension 1,714.89 1,710.64 -0.25%
NSE Premium 4,485.87 4,474.70 -0.25%
NSE Main Board 2,311.16 2,289.10 -0.95%
NSECG 1,225.54 1,220.17 -0.44%
NSEAFRBVI 901.06 884.07 -1.89%
NSEAFRHDYI 3,048.22 3,029.51 -0.61%
NSEMERIGRW 2,216.82 2,207.97 -0.40%
NSEMERIVAL 2,105.56 2,123.87 0.87%
NSEGROWTH 1,665.26 1,659.11 -0.37%
Dangote Index 128.39 128.44 0.04%
Elumelu Index 108.44 110.47 1.87%

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 up by +0.41% to close at N29.38trn

Debt Market Size as @ AUGUST 19, 2022
Index 09-Sep-22 02-Sep-22 % Chg
Debt Market Size 29.38 29.26 0.41%

 

  1. Commodities

Global Commodities

Brent crude oil prices moved down by -3.03% W-o-W to $91.68 per barrel

WTI moved down by -2.96% W-o-W to $86.02 per barrel as at the time of writing this report. (05:16pm)

 

 

 

 

 

Commodity 09-Sep-22 02-Sep-22 31-Dec-21 Weekly Chg YTD Chg
Brent 91.68 94.54 78.53 -3.03% 16.75%
WTI 86.02 88.64 75.89 -2.96% 13.35%
Gold 1726.9 1725.4 1827.5 0.09% -5.50%
Silver 18.675 18.03 23.265 3.58% -19.73%
Platinum 872.6 823.3 958 5.99% -8.91%
Palladium 2166.5 2029.5 1883.5 6.75% 15.03%
CNBC

 

AFEX Indices

ACI moved up by +3.65% W-o-W to close at 455.15 and the AEI moved up by +0.92% W-o-W to close at 186.99

 

Afex Indices
Index 09-Sep-22 02-Sep-22 % Chg
ACI 455.15 439.14 3.65%
AEI 186.99 185.29 0.92%

 

AFEX Commodities

Maize moved up by +8.83% to close at N210.81 and Paddy Rice moved down by -4.14% to close at N250

Afex Commodity Prices
Commodities 09-Sep-22 02-Sep-22 % Chg
Maize 210.81 193.7 8.83%
Sorghum 211.5 298.65 -29.18%
Cashew 613.33 689.88 -11.10%
Cocoa 1207.45 1193.33 1.18%
Ginger 1020.64 1020.64 0.00%
Sesame 800 800 0.00%
Soybeans 323.29 391.89 -17.50%
Paddy rice 250 260.81 -4.14%
Wheat 380 380 0.00%

 

  1. Forex

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed positive

FX 09-Sep-22 02-Sep-22 % Chg 31-Dec-21 YTD Chg
I & E 436.33 431.5 -1.12% 435 -0.31%
BDC 706 700 -0.86% 568 -24.30%
NAFEX 435.63 428.44 -1.68% 414.45 -5.11%
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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