Market Round-up for the Week Ended 300922
Key Highlights
- The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a loss of -0.01% WoW and the NASD OTC closed positive with a +1.69%
- 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 flat while the AEI index closed negative
- Equity
NSE
- The NGXASI inched down by -0.01%W-o-W.
On top gainer and loser sector indices, NSE INDUSTRIAL closed positive with +3.01% W-o-W while NSE CONSUMER GOODS closed negative with -3.37% W-o-W.
- During the week, the DanGote Index closed flatwhile the Elumelu Index closed negative by -4.59% W-o-W.
Chart 1: Market Performance
| Market Performance | |||
| Sectors | 23-Sep-22 | 30-Sep-22 | WoW Chg |
| NGX ASI | 49,026.62 | 49,024.16 | -0.01% |
| NSE-30 | 1,746.22 | 1,746.95 | 0.04% |
| NSE Consumer Goods | 605.09 | 584.68 | -3.37% |
| NSE Banking | 382.59 | 379.20 | -0.89% |
| NSE Insurance | 174.26 | 168.60 | -3.25% |
| NSE Oil and Gas | 507.25 | 508.26 | 0.20% |
| NSE LII | 3,042.67 | 3,039.72 | -0.10% |
| NSE-IND | 1,721.36 | 1,773.22 | 3.01% |
| NSE-ASeM | 658.99 | 658.99 | 0.00% |
| NSE Pension | 1,681.76 | 1,659.38 | -1.33% |
| NSE Premium | 4,451.66 | 4,438.40 | -0.30% |
| NSE Main Board | 2,246.03 | 2,251.59 | 0.25% |
| NSECG | 1,198.26 | 1,177.21 | -1.76% |
| NSEAFRBVI | 861.62 | 837.40 | -2.81% |
| NSEAFRHDYI | 2,957.53 | 2,911.40 | -1.56% |
| NSEMERIGRW | 2,147.44 | 2,135.97 | -0.53% |
| NSEMERIVAL | 2,084.31 | 2,061.42 | -1.10% |
| NSEGROWTH | 1,659.11 | 1,659.11 | 0.00% |
| Dangote Index | 128.26 | 128.26 | 0.00% |
| Elumelu Index | 109.59 | 104.56 | -4.59% |
Source: NSE
NASD
The NASD USI closed positive with +1.69% gain W-o-W
Market CAP closed positive with +1.69% gain W-o-W
| Parameter | 23-Sep-22 | 30-Sep-22 | WoW Chg |
| USI | 723.56 | 735.79 | 1.69% |
| MKT Capitalization (Bn) | 952.51 | 968.60 | 1.69% |
| Volume Traded | 60,420.00 | 105,440.00 | 74.51% |
| Value Traded (000) | 57,125.00 | 1,608,410.00 | 2715.60% |
| Deals Executed | 5.00 | 6.00 | 20.00% |
Source: NASD Plc
- Bonds
Debt Market Size
The FMDQ Debt Market Size moved up by -0.20% to close at N29.37trn
| Debt Market Size as @ AUGUST 30, 2022 | |||
| Index | 30-Sep-22 | 23-Sep-22 | % Chg |
| Debt Market Size | 29.31 | 29.37 | -0.20% |
- Commodities
Global Commodities
Brent crude oil prices moved up by +2.61% W-o-W to $88.17 per barrel
WTI moved up by +2.74% W-o-W to $80.69 per barrel as at the time of writing this report. (05:16 pm)
| Commodity | 30-Sep-22 | 23-Sep-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
| Brent | 88.17 | 85.93 | 78.53 | 2.61% | 12.28% |
| WTI | 80.69 | 78.54 | 75.89 | 2.74% | 6.32% |
| Gold | 1679 | 1655.5 | 1827.5 | 1.42% | -8.13% |
| Silver | 19.22 | 18.82 | 23.265 | 2.13% | -17.39% |
| Platinum | 862 | 857.2 | 958 | 0.56% | -10.02% |
| Palladium | 2191 | 2083 | 1883.5 | 5.18% | 16.33% |
| CNBC | |||||
AFEX Indices
ACI remained flat W-o-W to close at 455.71 and the AEI moved down by -0.68% W-o-W to close at 186.39
| Afex Indices | |||
| Index | 30-Sep-22 | 23-Sep-22 | % Chg |
| ACI | 455.71 | 455.71 | 0.00% |
| AEI | 186.39 | 187.67 | -0.68% |
AFEX Commodities
Maize moved down by -3.31% to close at N193.3 and Paddy Rice moved down by -9.95% to close at N243
| Afex Commodity Prices | |||
| Commodities | 30-Sep-22 | 23-Sep-22 | % Chg |
| Maize | 193.3 | 199.91 | -3.31% |
| Sorghum | 206.23 | 208.33 | -1.01% |
| Cashew | 605 | 619.61 | -2.36% |
| Cocoa | 1220 | 1192.29 | 2.32% |
| Ginger | 1020.46 | 1020.64 | -0.02% |
| Sesame | 830 | 830 | 0.00% |
| Soybeans | 339.85 | 345.33 | -1.59% |
| Paddy rice | 243 | 269.84 | -9.95% |
| Wheat | 380 | 280 | 35.71% |
Source: AFEX
- Forex
The NAFEX closed positive and the IEFX rates closed positive.
BDC Rate closed positive
| FX | 30-Sep-22 | 23-Sep-22 | % Chg | 31-Dec-21 | YTD Chg |
| I & E | 437.03 | 436.33 | 0.16% | 435 | 0.47% |
| BDC | 745 | 719 | 3.62% | 568 | 31.16% |
| NAFEX | 436.78 | 435.69 | 0.25% | 414.45 | 5.39% |
| Source: FMDQ, CBN, Everdon | |||||
