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Market Round-up for the Week Ended 020922

Sep 02, 2022   •   by Proshare Research   •   Source: Proshare   •   eye-icon 224 views

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. 

 

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