Market Round -Up for the week ended 111022

Market Round-up for the Week Ended 071022

 

Key Highlights

• The equities market recorded Negative performance – the listed equities market, NGXASI, recorded a loss of -3.41% WoW and the NASD OTC closed negative with a -1.06%
• The IEFX rate closed positive and the NAFEX rate closed negative.
• The BDC rates closed negative.
• The Brent Crude Oil price and WTI Crude Oil price moved up at the end of the week.
• The FMDQ Debt Market Size closed positive
• AFEX ACI closed flat while the AEI index closed negative

 

1. Equity

NSE                                                                                                  

• The NGXASI inched down by -3.41%W-o-W.

On top gainer and loser sector indices, no sector closed positive W-o-W while NSE MAIN BOARD closed negative with -5.25% W-o-W.

• During the week, the Dangote Index closed negative by -0.09% while the Elumelu Index closed negative by -2.81% W-o-W.

 

Chart 1: Market Performance

Market Performance
Sectors	30-Sep-22	07-Oct-22	WoW Chg
NGX ASI	49,024.16	47,351.43	-3.41%
NSE-30	1,746.95	1,686.69	-3.45%
NSE Consumer Goods	584.68	581.43	-0.56%
NSE Banking	379.20	366.42	-3.37%
NSE Insurance	168.60	166.64	-1.16%
NSE Oil and Gas	508.26	503.10	-1.02%
NSE LII	3,039.72	2,942.54	-3.20%
NSE-IND	1,773.22	1,767.43	-0.33%
NSE-ASeM	658.99	658.99	0.00%
NSE Pension	1,659.38	1,621.00	-2.31%
NSE Premium	4,438.40	4,405.05	-0.75%
NSE Main Board	2,251.59	2,133.42	-5.25%
NSECG	1,177.21	1,155.66	-1.83%
NSEAFRBVI	837.40	804.34	-3.95%
NSEAFRHDYI	2,911.40	2,852.28	-2.03%
NSEMERIGRW	2,135.97	2,076.60	-2.78%
NSEMERIVAL	2,061.42	2,004.50	-2.76%
NSEGROWTH	1,659.11	1,659.11	0.00%
Dangote Index	128.26	128.15	-0.09%
Elumelu Index	104.56	101.62	-2.81%

 

Source: NSE

 

NASD                                   

The NASD USI closed negative with -1.06% gain W-o-W

Market CAP closed negative with -1.06% gain W-o-W

Parameter	30-Sep-22	07-Oct-22	WoW Chg
USI	735.79	727.98	-1.06%
MKT Capitalization (Bn)	968.60	958.33	-1.06%
Volume Traded	105,440.00	494,695.00	369.17%
Value Traded (000)	1,608,410.00	81,407,025.00	4961.34%
Deals Executed	6.00	10.00	66.67%

Source: NASD Plc

 

2. Bonds

 

Debt Market Size

The FMDQ Debt Market Size moved up by +0.03% to close at N29.32trn

Debt Market Size as @ OCTOBER 07, 2022
Index	07-Oct-22	30-Sep-22	% Chg
Debt Market Size	29.32	29.31	0.03%

 

3. Commodities

Global Commodities

Brent crude oil prices moved up by +11.59% W-o-W to $98.39 per barrel

WTI moved up by +14.82% W-o-W to $92.65 per barrel as at the time of writing this report. (05:43 pm)

Commodity	07-Oct-22	30-Sep-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	98.39	88.17	78.53	11.59%	25.29%
WTI	92.65	80.69	75.89	14.82%	22.08%
Gold	1709	1679	1827.5	1.79%	-6.48%
Silver	20.26	19.22	23.265	5.41%	-12.92%
Platinum	921.2	862	958	6.87%	-3.84%
Palladium	2213.5	2191	1883.5	1.03%	17.52%
CNBC

 

AFEX Indices

ACI remained flat W-o-W to close at 455.71 and the AEI moved down by -2.81% W-o-W to close at 181.16

Afex Indices
Index	07-Oct-22	30-Sep-22	% Chg
ACI	455.71	455.71	0.00%
AEI	181.16	186.39	-2.81%

 

AFEX Commodities

Maize moved down by -0.12% to close at N193.06 and Paddy Rice moved up by +12.81% to close at N274.12

Afex Commodity Prices
Commodities	07-Oct-22	30-Sep-22	% Chg
Maize	193.06	193.3	-0.12%
Sorghum	211	206.23	2.31%
Cashew	622.65	605	2.92%
Cocoa	1229.25	1220	0.76%
Ginger	1020.46	1020.46	0.00%
Sesame	830	830	0.00%
Soybeans	322.98	339.85	-4.96%
Paddy rice	274.12	243	12.81%
Wheat	380	380	0.00%

Source: AFEX

 

 

4. Forex

The NAFEX closed negative and the IEFX rates closed positive.

BDC Rate closed negative

FX	07-Oct-22	30-Sep-22	% Chg	31-Dec-21	YTD Chg
I & E	439.19	437.03	0.49%	435	0.96%
BDC	735	745	-1.34%	568	29.40%
NAFEX	435.75	436.78	-0.24%	414.45	5.14%
Source: FMDQ, CBN, Everdon