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

 

2. 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%

 

3. 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

 

4. 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