Key Highlights
- The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a +0.7% gain WoW and the NASD OTC closed negative with a +2.78% loss.
- The IEFX rate closed negative and the NAFEX rate closed negative.
- The BDC rates closed negative.
- 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 closed positive while the AEI index closed negative
1. Equity
NSE
- The NGXASI inched up by +0.70% W-o-W.
On top gainer and loser sector indices, NSE GROWTH sectors closed positive with +5.45%, while NSE INDUSTRY closed negative with -4.59% W-o-W.
- During the week, the Gote Index closed positive with +0.05% while the Toni Index closed positive by +2.35% W-o-W.
Market Performance | |||
Sectors | 29-Jul-22 | 05-Aug-22 | WoW Chg |
NGX ASI | 50,370.25 | 50,722.33 | 0.70% |
NSE-30 | 1,820.25 | 1,828.66 | 0.46% |
NSE Consumer Goods | 573.27 | 581.63 | 1.46% |
NSE Banking | 378.21 | 388.17 | 2.63% |
NSE Insurance | 167.04 | 166.43 | -0.37% |
NSE Oil and Gas | 556.28 | 557.54 | 0.23% |
NSE LII | 3,142.86 | 3,144.10 | 0.04% |
NSE-IND | 2,062.30 | 1,967.59 | -4.59% |
NSE-ASeM | 658.99 | 658.99 | 0.00% |
NSE Pension | 1,722.50 | 1,758.39 | 2.08% |
NSE Premium | 4,593.86 | 4,744.00 | 3.27% |
NSE Main Board | 2,280.63 | 2,243.03 | -1.65% |
NSECG | 1,233.62 | 1,270.20 | 2.97% |
NSEAFRBVI | 881.41 | 910.01 | 3.24% |
NSEAFRHDYI | 3,034.86 | 3,138.47 | 3.41% |
NSEMERIGRW | 2,347.37 | 2,322.40 | -1.06% |
NSEMERIVAL | 2,047.35 | 2,082.52 | 1.72% |
NSEGROWTH | 1,498.14 | 1,579.83 | 5.45% |
Dangote Index | 138.30 | 138.37 | 0.05% |
Elumelu Index | 106.70 | 109.21 | 2.35% |
Source: NSE, Proshare Research
NASD
The NASD USI closed negative with -2.78% loss W-o-W
Market CAP closed negative with +2.78% loss W-o-W
Parameter | 29-Jul-22 | 05-Aug-22 | WoW Chg |
USI | 783.05 | 761.27 | -2.78% |
MKT Capitalization (Bn) | 1,030.82 | 1,002.14 | -2.78% |
Volume Traded | 261,400.00 | 463,214.00 | 77.21% |
Value Traded (000) | 5,346,515.10 | 6,650,145.11 | 24.38% |
Deals Executed | 15.00 | 8.00 | -46.67% |
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 down by -0.07% to close at N29.13trn
Debt Market Size as @ AUGUST 05, 2022 | |||
Index | 05-Aug-22 | 29-Jul-22 | % Chg |
Debt Market Size | 29.13 | 29.15 | -0.07% |
3. Commodities
Global Commodities
Brent crude oil prices moved down by -13.14% W-o-W to $95.65 per barrel
WTI moved down by -10.13% W-o-W to $89.89 per barrel as at the time of writing this report. (04:57pm)
Commodity | 05-Aug-22 | 29-Jul-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
Brent | 95.65 | 110.12 | 78.53 | -13.14% | 21.80% |
WTI | 89.89 | 100.02 | 75.89 | -10.13% | 18.45% |
Gold | 1790.5 | 1762.7 | 1827.5 | 1.58% | -2.02% |
Silver | 19.8 | 20.225 | 23.265 | -2.10% | -14.89% |
Platinum | 930 | 891.2 | 958 | 4.35% | -2.92% |
Palladium | 2119.5 | 2132 | 1883.5 | -0.59% | 12.53% |
CNBC, Proshare Research |
AFEX Indices
ACI moved down by -5.40% W-o-W to close at 454 and the AEI remained flat W-o-W to close at 188.96
Afex Indices | |||
Index | 05-Aug-22 | 29-Jul-22 | % Chg |
ACI | 454 | 479.9 | -5.40% |
AEI | 188.96 | 188.96 | 0.00% |
AFEX Commodities
Maize moved down by -11.88% to close at N220.31 and Paddy Rice moved up by +2.40% to close at N247.03
Afex Commodity Prices | |||
Commodities | 05-Aug-22 | 29-Jul-22 | % Chg |
Maize | 220.31 | 250 | -11.88% |
Sorghum | 306.46 | 265 | 15.65% |
Cashew | 689.88 | 689.88 | 0.00% |
Cocoa | 1198.33 | 1198.33 | 0.00% |
Ginger | 1020.64 | 1189 | -14.16% |
Sesame | 760 | 766.83 | -0.89% |
Soybeans | 413.31 | 413.31 | 0.00% |
Paddy rice | 247.03 | 241.23 | 2.40% |
Source: AFEX
4. Forex
The NAFEX closed negative and the IEFX rates closed negative.
BDC Rate closed negative
FX | 05-Aug-22 | 29-Jul-22 | % Chg | 31-Dec-21 | YTD Chg |
I & E | 428.12 | 429 | -0.21% | 435 | -1.58% |
BDC | 650 | 710 | -8.45% | 568 | 14.44% |
NAFEX | 423.83 | 426.83 | -0.70% | 414.45 | 2.26% |
Source: FMDQ, CBN, Everdon |
5. Mutual Funds
For reports on Mutual Funds, Kindly click here for updates from the Fund Managers Association of Nigeria