Market Round -Up for the week ended

Market Round-up for the Week Ended 041122

Key Highlights

• The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a gain of +0.81%WoW and the NASD OTC closed negative with a -0.25%
• The IEFX rate closed positive and the NAFEX rate closed positive.
• The BDC rates closed positive.
• The Brent Crude Oil price moved up while 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 up by +0.81% W-o-W.
• On top gainer and loser sector indices, NSE INDUSTRIAL sector closed positive with +5.35% W-o-W while NSE OIL and GAS closed negative with -5.37% W-o-W.
• During the week, the Dangote Index closed positive by +8.35% while the Elumelu Index closed negative by -1.59% W-o-W.

 

Chart 1: Market Performance

Market Performance
Sectors	28-Oct-22	04-Nov-22	WoW Chg
NGX ASI	43,912.64	44,269.18	0.81%
NSE-30	1,582.29	1,600.44	1.15%
NSE Consumer Goods	569.98	556.73	-2.32%
NSE Banking	378.05	370.98	-1.87%
NSE Insurance	159.32	157.17	-1.35%
NSE Oil and Gas	484.03	458.04	-5.37%
NSE LII	2,750.36	2,805.86	2.02%
NSE-IND	1,888.51	1,989.55	5.35%
NSE-ASeM	658.99	658.99	0.00%
NSE Pension	1,617.19	1,610.04	-0.44%
NSE Premium	4,210.04	4,313.67	2.46%
NSE Main Board	1,934.61	1,926.04	-0.44%
NSECG	1,146.89	1,143.84	-0.27%
NSEAFRBVI	839.21	832.62	-0.79%
NSEAFRHDYI	2,887.24	2,905.20	0.62%
NSEMERIGRW	2,033.95	2,056.39	1.10%
NSEMERIVAL	2,112.31	2,091.58	-0.98%
NSEGROWTH	1,659.11	1,659.11	0.00%
Dangote Index	116.06	125.75	8.35%
Elumelu Index	106.22	104.53	-1.59%

Source: NSE

 

NASD                                   

• The NASD USI closed negative with -0.25% loss W-o-W
• Market CAP closed negative with -0.25% loss W-o-W

 

Parameter	28-Oct-22	04-Nov-22	WoW Chg
USI	722.16	720.36	-0.25%
MKT Capitalization (Bn)	950.66	948.30	-0.25%
Volume Traded	9,856.00	131,236.00	1231.53%
Value Traded (000)	317,428.00	1,047,580.00	230.02%
Deals Executed	4.00	5.00	25.00%

 Source: NASD Plc

 

2. Bonds

 

Debt Market Size

The FMDQ Debt Market Size moved up by +0.82% to close at N29.66trn

Debt Market Size as @ November 03, 2022
Index	03-Nov-22	28-Oct-22	% Chg
Debt Market Size	29.66	29.42	0.82%

 

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	04-Nov-22	28-Oct-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	97.59	95.26	78.53	2.45%	24.27%
WTI	91.41	87.52	75.89	4.44%	20.45%
Gold	1674	1646.4	1827.5	1.68%	-8.40%
Silver	20.62	19.14	23.265	7.73%	-11.37%
Platinum	952.9	949.5	958	0.36%	-0.53%
Palladium	1850	1902	1883.5	-2.73%	-1.78%
CNBC

 

AFEX Indices

ACI remained flat W-o-W to close at 455.71 and the AEI moved up by +1.09% W-o-W to close at 202.48

 

Afex Indices
Index	04-Nov-22	28-Oct-22	% Chg
ACI	455.71	455.71	0.00%
AEI	202.48	200.3	1.09%

 

AFEX Commodities

Maize moved down by -2.50% to close at N206.6 and Paddy Rice also moved up by +9.23% to close at N397.94

 

Afex Commodity Prices
Commodities	04-Nov-22	28-Oct-22	% Chg
Maize	206.6	211.9	-2.50%
Sorghum	216.81	234.28	-7.46%
Cashew	619.26	620.04	-0.13%
Cocoa	1346.52	1313.58	2.51%
Ginger	1020.46	1020.46	0.00%
Sesame	830	830	0.00%
Soybeans	328.78	357.49	-8.03%
Paddy rice	397.94	364.3	9.23%
Wheat	380	380	0.00%

Source: AFEX

 

4. Forex

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed positive

 

FX	04-Nov-22	28-Oct-22	% Chg	31-Dec-21	YTD Chg
I & E	445.75	444.75	0.22%	435	2.47%
BDC	895	785	14.01%	568	57.57%
NAFEX	443.75	441.75	0.45%	414.45	7.07%
Source: FMDQ, CBN, Everdon