Market Round-up for the Week Ended 211022
Key Highlights
- The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a loss of -6.67% WoW and the NASD OTC closed negative with a +0.28%
- The IEFX rate closed positive and the NAFEX rate closed positive.
- The BDC rates closed negative .
- The Brent Crude Oil price moved up while WTI Crude Oil price moved down at the end of the week.
- The FMDQ Debt Market Size closed positive
- AFEX ACI closed flat while the AEI index closed positive
- Equity
NSE
- The NGXASI inched down by -6.67% W-o-W.
On top gainer and loser sector indices, NSE AFRHDYI sector closed positive with +2.45% W-o-W while NSE MAIN BOARD closed negative with -10.84% W-o-W.
- During the week, the Dangote Index closed positive by +0.07%while the Elumelu Index closed positive by +2.85% W-o-W.
Chart 1: Market Performance
| Market Performance | |||
| Sectors | 14-Oct-22 | 21-Oct-22 | WoW Chg |
| NGX ASI | 47,569.04 | 44,396.73 | -6.67% |
| NSE-30 | 1,697.69 | 1,601.22 | -5.68% |
| NSE Consumer Goods | 577.12 | 572.02 | -0.88% |
| NSE Banking | 373.48 | 377.79 | 1.15% |
| NSE Insurance | 169.51 | 163.20 | -3.72% |
| NSE Oil and Gas | 492.37 | 485.21 | -1.45% |
| NSE LII | 2,969.13 | 2,784.60 | -6.21% |
| NSE-IND | 1,823.48 | 1,882.17 | 3.22% |
| NSE-ASeM | 658.99 | 658.99 | 0.00% |
| NSE Pension | 1,627.17 | 1,636.67 | 0.58% |
| NSE Premium | 4,400.85 | 4,363.18 | -0.86% |
| NSE Main Board | 2,151.78 | 1,918.62 | -10.84% |
| NSECG | 1,161.49 | 1,163.41 | 0.17% |
| NSEAFRBVI | 829.76 | 847.22 | 2.10% |
| NSEAFRHDYI | 2,912.34 | 2,983.67 | 2.45% |
| NSEMERIGRW | 2,077.03 | 2,102.44 | 1.22% |
| NSEMERIVAL | 2,023.84 | 2,087.06 | 3.12% |
| NSEGROWTH | 1,659.11 | 1,659.11 | 0.00% |
| Dangote Index | 128.15 | 128.24 | 0.07% |
| Elumelu Index | 103.68 | 106.63 | 2.85% |
Source: NSE
NASD
The NASD USI closed negative with -0.28% gain W-o-W
Market CAP closed negative with -0.28% gain W-o-W
| Parameter | 14-Oct-22 | 14-Oct-22 | WoW Chg |
| USI | 727.88 | 729.92 | 0.28% |
| MKT Capitalization (Bn) | 958.19 | 960.88 | 0.28% |
| Volume Traded | 614,276.00 | 40,000.00 | -93.49% |
| Value Traded (000) | 135,754,996.00 | 7,216,005.00 | -94.68% |
| Deals Executed | 1.00 | 8.00 | 700.00% |
Source: NASD Plc
- Bonds
Debt Market Size
The FMDQ Debt Market Size moved up by +0.17% to close at N29.44trn
| Debt Market Size as @ OCTOBER 21, 2022 | |||
| Index | 21-Oct-22 | 14-Oct-22 | % Chg |
| Debt Market Size | 29.44 | 29.39 | 0.17% |
- Commodities
Global Commodities
Brent crude oil prices moved up by +1.19% W-o-W to $93.22 per barrel
WTI moved down by -1.46% W-o-W to $85.05 per barrel as at the time of writing this report. (05:05 pm)
| Commodity | 21-Oct-22 | 14-Oct-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
| Brent | 93.22 | 92.12 | 78.53 | 1.19% | 18.71% |
| WTI | 85.05 | 86.31 | 75.89 | -1.46% | 12.07% |
| Gold | 1655.2 | 1653.7 | 1827.5 | 0.09% | -9.43% |
| Silver | 19.015 | 18.34 | 23.265 | 3.68% | -18.27% |
| Platinum | 918.6 | 899.1 | 958 | 2.17% | -4.11% |
| Palladium | 1995 | 2032.5 | 1883.5 | -1.85% | 5.92% |
| CNBC | |||||
AFEX Indices
ACI remained flat W-o-W to close at 455.71 and the AEI moved up by +0.63% W-o-W to close at 198.44
| Afex Indices | |||
| Index | 21-Oct-22 | 14-Oct-22 | % Chg |
| ACI | 455.71 | 455.71 | 0.00% |
| AEI | 198.44 | 197.2 | 0.63% |
AFEX Commodities
Maize moved down by -2.27% to close at N204.09 and Paddy Rice also moved down by -0.52% to close at N280.98
| Afex Commodity Prices | |||
| Commodities | 21-Oct-22 | 14-Oct-22 | % Chg |
| Maize | 204.09 | 208.83 | -2.27% |
| Sorghum | 219.51 | 214.63 | 2.27% |
| Cashew | 620.04 | 621.16 | -0.18% |
| Cocoa | 1225.8 | 1162.98 | 5.40% |
| Ginger | 1020.46 | 1020.46 | 0.00% |
| Sesame | 830 | 830 | 0.00% |
| Soybeans | 316.02 | 327.62 | -3.54% |
| Paddy rice | 280.98 | 282.46 | -0.52% |
| Wheat | 380 | 380 | 0.00% |
Source: AFEX
- Forex
The NAFEX closed positive and the IEFX rates closed positive.
BDC Rate closed positive
| FX | 21-Oct-22 | 14-Oct-22 | % Chg | 31-Dec-21 | YTD Chg |
| I & E | 441.67 | 441.38 | -0.07% | 435 | -1.53% |
| BDC | 755 | 745 | -1.34% | 568 | -32.92% |
| NAFEX | 440.76 | 440 | -0.17% | 414.45 | -6.35% |
| Source: FMDQ, CBN, Everdon | |||||
