Key Highlights

• The equities market recorded positive performance – the listed equities market, NGXASI, recorded a gain of 1.06% W-o-W and the NASD OTC closed positive with a 1.78% gain W-o-W. 
• The IEFX rate closed positive and the NAFEX rate closed positive.
• The BDC rates closed negative.
• The Brent Crude Oil price moved up while WTI Crude Oil price up at the end of the week.
• The FMDQ Debt Market Size closed negative
• AFEX ACI closed negative while the AEI index closed negative

1. Equity

NSE                                                                                                  

• The NGXASI inched up by 1.06% W-o-W.
• On top gainer and loser sector indices, Consumer Goods topped the gainer’s chart with a gain of +5.65% W-o-W NGX Oil and Gas sector index closed negative with -2.36% W-o-W.
• Gote Index closed the week positive by 3.38% while the Toni Index closed the week negative by 0.53% W-o-W.

Chart 1: Market Performance

Source: NSE, Proshare Research 

NASD                                   

The NASD USI closed positive with 1.78% gain W-o-W

Market CAP closed positive with 1.78% gain W-o-W

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 closed negative to close at N30.98trn

3. Commodities

Global Commodities

Brent crude oil prices moved up by 4.47% W-o-W to $85.47 per barrel.

WTI moved up by 10.07% to $79.17 per barrel W-o-W as at the time of writing this report. (05: 56 pm)

AFEX Indices

ACI moved down by 0.12% W-o-W to close at 478.42 and the AEI moved down by 0.29% W-o-W to close at 224.26

AFEX Commodities

Sesame moved up by 25.30% to close at N1040 and Ginger also moved down by 11.82% to close at N900.

 Source: AFEX

4. Forex

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed negative

5. Mutual Funds

For reports on Mutual Funds, kindly click here for updates from the Fund Managers Association of Nigeria.