Market Round -Up for the week ended 25.11.22ended

Market Round-up for the Week Ended 251122

Key Highlights

• The equities market recorded positive performance – the listed equities market, NGXASI, recorded a gain of +6.88%WoW and the NASD OTC closed positive with a +0.01%
• The IEFX rate closed positive and the NAFEX rate closed positive.
• The BDC rates closed negative.
• The Brent Crude Oil price moved down while WTI Crude Oil price moved down at the end of the week.
• The FMDQ Debt Market Size closed negative at the end of the week
• AFEX ACI closed flat while the AEI index closed negative

 

1. Equity

NSE                                                                                                  

• The NGXASI inched up by +6.88% W-o-W.
• On top gainer and loser sector indices, NSE INDUSTRIAL sector closed positive with +9.45% W-o-W while NSE Oil and Gas closed negative with -1.29%W-o-W.
• During the week, the Gote Index closed positive by 62% while the Toni Index closed positive by 2.64% W-o-W.

 

Chart 1: Market Performance

Market Performance
Sectors	18-Nov-22	25-Nov-22	WoW Chg
NGX ASI	44,492.73	47,554.34	6.88%
NSE-30	1,608.33	1,714.39	6.59%
NSE Consumer Goods	550.89	551.70	0.15%
NSE Banking	387.31	399.15	3.06%
NSE Insurance	155.07	162.92	5.06%
NSE Oil and Gas	448.56	442.77	-1.29%
NSE LII	2,800.65	2,997.87	7.04%
NSE-IND	1,976.36	2,163.07	9.45%
NSE-ASeM	658.99	658.99	0.00%
NSE Pension	1,647.90	1,692.89	2.73%
NSE Premium	4,342.93	4,630.14	6.61%
NSE Main Board	1,934.11	2,071.43	7.10%
NSECG	1,172.23	1,209.88	3.21%
NSEAFRBVI	885.02	911.46	2.99%
NSEAFRHDYI	3,008.47	3,134.86	4.20%
NSEMERIGRW	2,120.75	2,188.34	3.19%
NSEMERIVAL	2,115.05	2,162.44	2.24%
NSEGROWTH	1,659.11	1,659.11	0.00%
Dangote Index	124.85	136.86	9.62%
Elumelu Index	107.51	110.35	2.64%

Source: NSE

 

NASD                                   

• The NASD USI closed positive with +0.01% gain W-o-W
• Market CAP closed positive with +0.01% gain W-o-W

 

Parameter	18-Nov-22	25-Nov-22	WoW Chg
USI	711.61	711.66	0.01%
MKT Capitalization (Bn)	935.07	935.12	0.01%
Volume Traded	100.00	20,000.00	19900.00%
Value Traded (000)	15,500.00	1,340,000.00	8545.16%
Deals Executed	1.00	1.00	0.00%

Source: NASD Plc

 

 

2. Bonds

Debt Market Size

The FMDQ Debt Market Size moved down by -0.17% to close at N29.90trn

 

Debt Market Size as @ November 25, 2022
Index	25-Nov-22	18-Nov-22	% Chg
Debt Market Size	29.9	29.95	-0.17%

 

3. Commodities

Global Commodities

• Brent crude oil prices moved down by -142% W-o-W to $85.11 per barrel
• WTI moved down by -0.66% W-o-W to $77.89 per barrel as at the time of writing this report. (05:11 pm

 

 

 

Commodity	25-Nov-22	18-Nov-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	85.11	86.34	78.53	-1.42%	8.38%
WTI	77.89	78.41	75.89	-0.66%	2.64%
Gold	1750.1	1751.8	1827.5	-0.10%	-4.24%
Silver	21.385	20.89	23.265	2.37%	-8.08%
Platinum	987	986.9	958	0.01%	3.03%
Palladium	1821.5	1963	1883.5	-7.21%	-3.29%
CNBC

 

AFEX Indices

ACI remained flat W-o-W to close at 455.71 and the AEI moved down by -2.94% W-o-W to close at 204.19

 

Afex Indices
Index	25-Nov-22	18-Nov-22	% Chg
ACI	455.71	455.71	0.00%
AEI	204.19	210.37	-2.94%

 

AFEX Commodities

Maize moved down by -3.30% to close at N248.14 and Paddy Rice moved up by +25.14% to close at N450.49

 

Afex Commodity Prices
Commodities	25-Nov-22	18-Nov-22	% Chg
Maize	239.95	248.14	-3.30%
Sorghum	213.11	232.42	-8.31%
Cashew	622.09	622.2	-0.02%
Cocoa	1640	1500.5	9.30%
Ginger	1020.46	1020.46	0.00%
Sesame	830	830	0.00%
Soybeans	338.14	365.01	-7.36%
Paddy rice	450.49	360	25.14%
Wheat	380	380	0.00%

Source: AFEX

 

 

4. Forex

• The NAFEX closed positive and the IEFX rates closed positive.
• BDC Rate closed negative

 

FX	25-Nov-22	18-Nov-22	% Chg	31-Dec-21	YTD Chg
I & E	446.33	445.67	0.15%	435	2.60%
BDC	775	785	-1.27%	568	36.44%
NAFEX	444.5	444.38	0.03%	414.45	7.25%
Source: FMDQ, CBN, Everdon