Market Round-up for the Week Ended 021222
Key Highlights
- The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a gain of +1.26% WoW and the NASD OTC closed negative with a -0.15% loss.
- The IEFX rate closed negative and the NAFEX rate closed negative.
- The BDC rates closed negative.
- 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 at the end of the week
- AFEX ACI closed flat while the AEI index closed positive
- Equity
NSE
- The NGXASI inched up by +1.26% W-o-W.
- On top gainer and loser sector indices, NGXAFRBVI sector closed positive with +3.45% W-o-W while NSE INDUSTRIAL sector closed negative with -1.20% W-o-W.
- During the week, the Dangote Index closed negative by -0.01% while the Elumelu Index closed positive by 0.85% W-o-W.
Chart 1: Market Performance
| Market Performance | |||
| Sectors | 25-Nov-22 | 02-Dec-22 | WoW Chg |
| NGX ASI | 47,554.34 | 48,154.65 | 1.26% |
| NGX-30 | 1,714.39 | 1,736.30 | 1.28% |
| NGX Consumer Goods | 551.70 | 548.35 | -0.61% |
| NGX Banking | 399.15 | 404.04 | 1.23% |
| NGX Insurance | 162.92 | 164.73 | 1.11% |
| NGX Oil and Gas | 442.77 | 444.72 | 0.44% |
| NGX LII | 2,997.87 | 3,028.08 | 1.01% |
| NGX-IND | 2,163.07 | 2,137.13 | -1.20% |
| NGX-ASeM | 658.99 | 658.99 | 0.00% |
| NGX Pension | 1,692.89 | 1,723.08 | 1.78% |
| NGX Premium | 4,630.14 | 4,728.40 | 2.12% |
| NGX Main Board | 2,071.43 | 2,083.70 | 0.59% |
| NGXCG | 1,209.88 | 1,238.52 | 2.37% |
| NGXAFRBVI | 911.46 | 942.89 | 3.45% |
| NGXAFRHDYI | 3,134.86 | 3,219.16 | 2.69% |
| NGXMERIGRW | 2,188.34 | 2,241.63 | 2.44% |
| NGXMERIVAL | 2,162.44 | 2,201.32 | 1.80% |
| NGXGROWTH | 1,659.11 | 1,657.88 | -0.07% |
| Dangote Index | 136.86 | 136.84 | -0.01% |
| Elumelu Index | 110.35 | 111.29 | 0.85% |
Source: NSE, Proshare Research
NASD
The NASD USI closed negative with -0.15% loss W-o-W
Market CAP closed negative with -0.15% loss W-o-W
| Parameter | 25-Nov-22 | 02-Dec-22 | WoW Chg |
| USI | 711.66 | 710.58 | -0.15% |
| MKT Capitalization (Bn) | 935.12 | 933.71 | -0.15% |
| Volume Traded | 82,525.00 | 2,189,799.00 | 2553.50% |
| Value Traded (000) | 5,530,630.00 | 10,694,141.31 | 93.36% |
| Deals Executed | 10.00 | 20.00 | 100.00% |
Source: NASD Plc
- Bonds
Debt Market Size
The FMDQ Debt Market Size moved up by 0.87% to close at N30.16trn
| Debt Market Size as @ December 02, 2022 | |||
| Index | 01-Dec-22 | 25-Nov-22 | % Chg |
| Debt Market Size | 30.16 | 29.9 | 0.87% |
- Commodities
Global Commodities
Brent crude oil prices moved up by 2.07% W-o-W to $86.87 per barrel
WTI moved up by 4.52% W-o-W to $81.41 per barrel as at the time of writing this report. (05:23 pm)
| Commodity | 02-Dec-22 | 25-Nov-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
| Brent | 86.87 | 85.11 | 78.53 | 2.07% | 10.62% |
| WTI | 81.41 | 77.89 | 75.89 | 4.52% | 7.27% |
| Gold | 1802.6 | 1750.1 | 1827.5 | 3.00% | -1.36% |
| Silver | 23.155 | 21.385 | 23.265 | 8.28% | -0.47% |
| Platinum | 1024.6 | 987 | 958 | 3.81% | 6.95% |
| Palladium | 1888.5 | 1821.5 | 1883.5 | 3.68% | 0.27% |
| CNBC | |||||
AFEX Indices
ACI remained flat W-o-W to close at 455.71 and the AEI moved up by 8.14% W-o-W to close at 204.19
AFEX Commodities
Maize moved up by 3.76% to close at N248.98 and Paddy Rice moved down by 32.07% to close at N306.03
| Afex Commodity Prices | |||
| Commodities | 02-Dec-22 | 25-Nov-22 | % Chg |
| Maize | 248.98 | 239.95 | 3.76% |
| Sorghum | 217.71 | 213.11 | 2.16% |
| Cashew | 622.4 | 622.09 | 0.05% |
| Cocoa | 1640 | 1640 | 0.00% |
| Ginger | 1020.46 | 1020.46 | 0.00% |
| Sesame | 830 | 830 | 0.00% |
| Soybeans | 338.56 | 338.14 | 0.12% |
| Paddy rice | 306.03 | 450.49 | -32.07% |
| Wheat | 380 | 380 | 0.00% |
Source: AFEX
- Forex
The NAFEX closed negative and the IEFX rates closed negative.
BDC Rate closed negative
| FX | 02-Dec-22 | 25-Nov-22 | % Chg | 31-Dec-21 | YTD Chg |
| I & E | 445.33 | 445.67 | -0.08% | 435 | 2.37% |
| BDC | 735 | 785 | -6.37% | 568 | 29.40% |
| NAFEX | 444.1 | 444.38 | -0.06% | 414.45 | 7.15% |
| Source: FMDQ, CBN, Everdon | |||||
