Market Round -Up for the week ended 281022

Market Round-up for the Week Ended 281022

Key Highlights

• The equities market recorded negative performance – the listed equities market, NGXASI, recorded a loss of -1.09% WoW and the NASD OTC closed negative with a -1.06%
• The IEFX rate closed positive and the NAFEX rate closed positive.
• The BDC rates closed positive.
• The Brent Crude Oil price moved up while the 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 positive

 

1. Equity

NSE                                                                                                  

• The NGXASI inched down by -1.09% W-o-W.
• On top gainer and loser sector indices, NSE MERIVAL sector closed positive with +1.21% W-o-W while NSE PREMIUM closed negative with -3.51%W-o-W.
• During the week, the Dangote Index closed negative by -9.50% while the Elumelu Index closed negative by -0.38% W-o-W.

 

Chart 1: Market Performance

Market Performance
Sectors	21-Oct-22	28-Oct-22	WoW Chg
NGX ASI	44,396.73	43,912.64	-1.09%
NSE-30	1,601.22	1,582.29	-1.18%
NSE Consumer Goods	572.02	569.98	-0.36%
NSE Banking	377.79	378.05	0.07%
NSE Insurance	163.20	159.32	-2.38%
NSE Oil and Gas	485.21	484.03	-0.24%
NSE LII	2,784.60	2,750.36	-1.23%
NSE-IND	1,882.17	1,888.51	0.34%
NSE-ASeM	658.99	658.99	0.00%
NSE Pension	1,636.67	1,617.19	-1.19%
NSE Premium	4,363.18	4,210.04	-3.51%
NSE Main Board	1,918.62	1,934.61	0.83%
NSECG	1,163.41	1,146.89	-1.42%
NSEAFRBVI	847.22	839.21	-0.95%
NSEAFRHDYI	2,983.67	2,887.24	-3.23%
NSEMERIGRW	2,102.44	2,033.95	-3.26%
NSEMERIVAL	2,087.06	2,112.31	1.21%
NSEGROWTH	1,659.11	1,659.11	0.00%
Dangote Index	128.24	116.06	-9.50%
Elumelu Index	106.63	106.22	-0.38%

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	21-Oct-22	28-Oct-22	WoW Chg
USI	729.92	722.16	-1.06%
MKT Capitalization (Bn)	960.88	950.66	-1.06%
Volume Traded	40,000.00	9,856.00	-75.36%
Value Traded (000)	7,216,005.00	317,428.00	-95.60%
Deals Executed	8.00	4.00	-50.00%

Source: NASD Plc

 

2. 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%

 

3. Commodities

Global Commodities

Brent crude oil prices moved up by +2.19% W-o-W to $95.26 per barrel

WTI moved up by +2.90% W-o-W to $87.52 per barrel as at the time of writing this report. (06:12 pm)

Commodity	28-Oct-22	21-Oct-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	95.26	93.22	78.53	2.19%	21.30%
WTI	87.52	85.05	75.89	2.90%	15.32%
Gold	1646.4	1655.2	1827.5	-0.53%	-9.91%
Silver	19.14	19.015	23.265	0.66%	-17.73%
Platinum	949.5	918.6	958	3.36%	-0.89%
Palladium	1902	1995	1883.5	-4.66%	0.98%
CNBC

 

AFEX Indices

ACI remained flat W-o-W to close at 455.71 and the AEI moved up by +0.94% W-o-W to close at 200.30

Afex Indices
Index	28-Oct-22	21-Oct-22	% Chg
ACI	455.71	455.71	0.00%
AEI	200.3	198.44	0.94%

 

AFEX Commodities

Maize moved up by +3.83% to close at N211.9 and Paddy Rice also moved up by +29.65% to close at N364.3

Afex Commodity Prices
Commodities	28-Oct-22	21-Oct-22	% Chg
Maize	211.9	204.09	3.83%
Sorghum	234.28	219.51	6.73%
Cashew	620.04	620.04	0.00%
Cocoa	1313.58	1225.8	7.16%
Ginger	1020.46	1020.46	0.00%
Sesame	830	830	0.00%
Soybeans	357.49	316.02	13.12%
Paddy rice	364.3	280.98	29.65%
Wheat	380	380	0.00%

Source: AFEX

 

4. Forex

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed positive

FX	28-Oct-22	21-Oct-22	% Chg	31-Dec-21	YTD Chg
I & E	444.75	441.67	0.70%	435	2.24%
BDC	785	755	3.97%	568	38.20%
NAFEX	441.75	440.76	0.22%	414.45	6.59%
Source: FMDQ, CBN, Everdon