Market Round -Up for the week 161222 ended – First Ideas Limited

Market Round -Up for the week 161222 ended

Market Round-up for the Week Ended 161222

Key Highlights

  • The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a gain of +0.89%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 flat.
  • The Brent Crude Oil price moved up and 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 negative

 

  1. Equity

NSE                                                                                                  

  • The NGXASI inched up by +0.89% W-o-W.
  • On top gainer and loser sector indices, NSE industrial sector closed positive with +3.44% W-o-W while NSE GROWTH sector closed negative with -0.52%W-o-W.
  • During the week, the Dangote Index closed negative by -0.15% while the Elumelu Index closed negative by -0.76% W-o-W.

Chart 1: Market Performance

Market Performance 
Sectors 09-Dec-22 16-Dec-22 WoW Chg
NGX ASI 48,881.93 49,316.29 0.89%
NSE-30 1,768.53 1,785.70 0.97%
NSE Consumer Goods 557.38 556.24 -0.20%
NSE Banking 403.05 414.63 2.87%
NSE Insurance 166.89 167.68 0.47%
NSE Oil and Gas 446.00 447.59 0.36%
NSE LII 3,105.85 3,140.75 1.12%
NSE-IND 2,319.40 2,399.09 3.44%
NSE-ASeM 658.99 659.42 0.07%
NSE Pension 1,716.34 1,732.18 0.92%
NSE Premium 4,670.30 4,690.50 0.43%
NSE Main Board 2,160.49 2,187.16 1.23%
NSECG 1,227.29 1,237.13 0.80%
NSEAFRBVI 928.47 951.29 2.46%
NSEAFRHDYI 3,193.72 3,223.87 0.94%
NSEMERIGRW 2,224.01 2,226.61 0.12%
NSEMERIVAL 2,196.72 2,240.49 1.99%
NSEGROWTH 1,657.88 1,649.28 -0.52%
Dangote Index 136.87 136.66 -0.15%
Elumelu Index 112.32 111.47 -0.76%

Source: NSE 

 

NASD                                   

The NASD USI closed negative with -0.28% loss W-o-W

Market CAP closed negative with -0.28% loss W-o-W

Parameter 02-Dec-22 09-Dec-22 WoW Chg
USI 710.30 708.32 -0.28%
MKT Capitalization (Bn) 933.35 930.74 -0.28%
Volume Traded 148,058.00 5,077,850.00 3329.64%
Value Traded (000) 3,232,754.50 9,170,319.00 183.67%
Deals Executed 9.00 9.00 0.00%

Source: NASD Plc

 

  1. Bonds

Debt Market Size

The FMDQ Debt Market Size moved up by 1.16% to close at N30.55trn

Debt Market Size as @ December 16, 2022
Index 16-Dec-22 09-Dec-22 % Chg
Debt Market Size 30.55 30.2 1.16%

 

  1. Commodities

Global Commodities

Brent crude oil prices moved up by 2.56% W-o-W to $78.79 per barrel

WTI moved up by 2.65% W-o-W to $74.02 per barrel as at the time of writing this report. (05: 27 pm)

Commodity 16-Dec-22 09-Dec-22 31-Dec-21 Weekly Chg YTD Chg
Brent 78.79 76.82 78.53 2.56% 0.33%
WTI 74.02 72.11 75.89 2.65% -2.46%
Gold 1800.5 1816.3 1827.5 -0.87% -1.48%
Silver 23.3 23.875 23.265 -2.41% 0.15%
Platinum 1000.5 1028.2 958 -2.69% 4.44%
Palladium 1731.5 1955 1883.5 -11.43% -8.07%
CNBC

 

AFEX Indices

ACI remained flat W-o-W to close at 455.71 and the AEI moved down by 2.79% W-o-W to close at 225.28

Afex Indices
Index 16-Dec-22 09-Dec-22 % Chg
ACI 455.71 455.71 0.00%
AEI 225.28 231.74 -2.79%

 

 

AFEX Commodities

Maize moved down by 1.54% to close at N235.12 and Paddy Rice moved up by 0.17% to close at N306.7

Afex Commodity Prices
Commodities 16-Dec-22 09-Dec-22 % Chg
Maize 235.12 238.79 -1.54%
Sorghum 226.46 215.16 5.25%
Cashew 628.56 628.61 -0.01%
Cocoa 1623.05 1533.34 5.85%
Ginger 1020.64 1020.46 0.02%
Sesame 830 830 0.00%
Soybeans 318.61 331.6 -3.92%
Paddy rice 306.7 306.19 0.17%
Wheat 380 380 0.00%

Source: AFEX

 

  1. Forex

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed flat

FX 16-Dec-22 09-Dec-22 % Chg 31-Dec-21 YTD Chg
I & E 451.5 446.5 1.12% 435 3.79%
BDC 745 745 0.00% 568 31.16%
NAFEX 449.4 444.72 1.05% 414.45 8.43%
Source: FMDQ, CBN, Everdon

 

 

About the Author

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First Ideas Limited is an investment and financial advisory company established in 1994 to provide advisory services to high net worth individuals, trust funds, financial institutions and medium sized companies in growth sectors.

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