Key Highlights
- The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a +0.63% gain WoW and the NASD OTC closed positive with a +0.16% gain.
- The IEFX rate closed positive and the NAFEX rate closed positive.
- The BDC rates closed flat.
- The Brent Crude Oil price and WTI Crude Oil price moved down at the end of the week.
- The FMDQ Debt Market Size closed negative
- AFEX ACI and AEI closed negative.
1. Equity
NSE
- The NGXASI inched up by +0.73% W-o-W. On top gainer and loser sector indices, NSE MERIVAL sectors closed positive with +2.41%, while NSE GROWTH closed negative with -0.51% W-o-W.
- During the week, the Gote Index closed positive with +0.11% while the Toni Index closed positive by +1.55% W-o-W.
Market Performance | |||
Sectors | 26-Aug-22 | 02-Sep-22 | WoW Chg |
NGX ASI | 49,682.15 | 50,045.83 | 0.73% |
NSE-30 | 1,772.42 | 1,784.67 | 0.69% |
NSE Consumer Goods | 591.51 | 603.38 | 2.01% |
NSE Banking | 384.55 | 389.22 | 1.21% |
NSE Insurance | 180.70 | 180.79 | 0.05% |
NSE Oil and Gas | 530.15 | 533.59 | 0.65% |
NSE LII | 3,070.65 | 3,093.55 | 0.75% |
NSE-IND | 1,770.60 | 1,794.65 | 1.36% |
NSE-ASeM | 658.99 | 658.99 | 0.00% |
NSE Pension | 1,697.10 | 1,714.89 | 1.05% |
NSE Premium | 4,476.61 | 4,485.87 | 0.21% |
NSE Main Board | 2,286.02 | 2,311.16 | 1.10% |
NSECG | 1,217.54 | 1,225.54 | 0.66% |
NSEAFRBVI | 889.02 | 901.06 | 1.35% |
NSEAFRHDYI | 3,026.84 | 3,048.22 | 0.71% |
NSEMERIGRW | 2,210.29 | 2,216.82 | 0.30% |
NSEMERIVAL | 2,055.91 | 2,105.56 | 2.41% |
NSEGROWTH | 1,673.86 | 1,665.26 | -0.51% |
Dangote Index | 128.25 | 128.39 | 0.11% |
Elumelu Index | 106.78 | 108.44 | 1.55% |
Source: NSE, Proshare Research
NASD
The NASD USI closed positive with a +0.16% gain W-o-W
Market CAP closed positive with a +0.16% gain W-o-W
Parameter | 26-Aug-22 | 02-Sep-22 | WoW Chg |
USI | 760.92 | 762.12 | 0.16% |
MKT Capitalization (Bn) | 1,001.69 | 1,003.27 | 0.16% |
Volume Traded | 198,914.00 | 21,900.00 | -88.99% |
Value Traded (000) | 4,953,431.00 | 753,550.00 | -84.79% |
Deals Executed | 9.00 | 8.00 | -11.11% |
Source: NASD Plc
For more updates on the Unlisted OTC market, visit the NASD Page
2. Bonds
Debt Market Size
The FMDQ Debt Market Size moved up by +0.76% to close at N29.26trn
Debt Market Size as @ AUGUST 19, 2022 | |||
Index | 02-Sep-22 | 26-Aug-22 | % Chg |
Debt Market Size | 29.26 | 29.04 | 0.76% |
3. Commodities
Brent crude oil prices moved down by -4.86% W-o-W to $94.54 per barrel.
WTI moved down by -3.86% W-o-W to $88.64 per barrel as of the time of writing this report. (5.36pm)
Commodity | 22-Sep-22 | 26-Aug-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
Brent | 94.54 | 99.37 | 78.53 | -4.86% | 20.39% |
WTI | 88.64 | 92.2 | 75.89 | -3.86% | 16.80% |
Gold | 1725.4 | 1748.8 | 1827.5 | -1.34% | -5.59% |
Silver | 18.03 | 18.725 | 23.265 | -3.71% | -22.50% |
Platinum | 823.3 | 855.1 | 958 | -3.72% | -14.06% |
Palladium | 2029.5 | 2115 | 1883.5 | -4.04% | 7.75% |
CNBC, Proshare Research |
AFEX Indices
ACI moved down by -1.34% W-o-W to close at 439.14 and the AEI moved down by -1.15% W-o-W to close at 185.29
Afex Indices | |||
Index | 02-Sep-22 | 26-Aug-22 | % Chg |
ACI | 439.14 | 445.12 | -1.34% |
AEI | 185.29 | 187.44 | -1.15% |
AFEX Commodities
Maize remained flat to close at N193.7 and Paddy Rice moved up by +3.13% to close at N252.9
Afex Commodity Prices | |||
Commodities | 02-Sep-22 | 26-Aug-22 | % Chg |
Maize | 193.7 | 193.7 | 0.00% |
Sorghum | 298.65 | 295.54 | 1.05% |
Cashew | 689.88 | 689.88 | 0.00% |
Cocoa | 1193.33 | 1193.33 | 0.00% |
Ginger | 1020.64 | 1020.64 | 0.00% |
Sesame | 800 | 800 | 0.00% |
Soybeans | 391.89 | 391.89 | 0.00% |
Paddy rice | 260.81 | 252.9 | 3.13% |
Wheat | 380 | 380 | 0.00% |
Source: AFEX
4. Forex
The NAFEX closed positive and the IEFX rates closed positive.
BDC Rate closed flat
FX | 02-Sep-22 | 26-Aug-22 | % Chg | 31-Dec-21 | YTD Chg |
I & E | 431.5 | 430.05 | 0.34% | 435 | -0.80% |
BDC | 700 | 700 | 0.00% | 568 | 23.24% |
NAFEX | 428.9 | 428.44 | 0.11% | 414.45 | 3.49% |
Source: FMDQ, CBN, Everdon |
5. Mutual Funds
For reports on Mutual Funds, kindly click here for updates from the Fund Managers Association of Nigeria.