Market Round -Up for the week ended 111022 – First Ideas Limited

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

 

  1. 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%

 

  1. 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

 

 

  1. 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  

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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