Key Highlights
- The equities market recorded negative performance – the listed equities market, NGXASI, recorded a loss of -0.44% WoW and the NASD OTC closed negative with a -2.03% loss.
- The IEFX rate closed negative and the NAFEX rate closed flat.
- The BDC rates closed positive.
- The Brent Crude Oil price and WTI Crude Oil price moved up at the end of the week.
- The FMDQ Debt Market Size closed negative
- AFEX ACI closed positive while the AEI index closed positive
1. Equity
NSE
- The NGXASI inched down by -0.44% W-o-W.
On top gainer and loser sector indices, no sector closed positive while NSE MERIVAL closed negative with -3.63% W-o-W.
- During the week, the Gote Index closed negative with -0.14% while the Toni Index closed negative by -3.66% W-o-W.
Market Performance | |||
Sectors | 09-Sep-22 | 16-Sep-22 | WoW Chg |
NGX ASI | 49,695.12 | 49,475.42 | -0.44% |
NSE-30 | 1,772.48 | 1,763.67 | -0.50% |
NSE Consumer Goods | 607.70 | 606.05 | -0.27% |
NSE Banking | 386.88 | 374.09 | -3.31% |
NSE Insurance | 182.67 | 177.96 | -2.58% |
NSE Oil and Gas | 533.01 | 532.15 | -0.16% |
NSE LII | 3,076.44 | 3,075.59 | -0.03% |
NSE-IND | 1,794.45 | 1,791.53 | -0.16% |
NSE-ASeM | 658.99 | 658.99 | 0.00% |
NSE Pension | 1,710.64 | 1,680.91 | -1.74% |
NSE Premium | 4,474.70 | 4,445.91 | -0.64% |
NSE Main Board | 2,289.10 | 2,282.17 | -0.30% |
NSECG | 1,220.17 | 1,203.29 | -1.38% |
NSEAFRBVI | 884.07 | 860.89 | -2.62% |
NSEAFRHDYI | 3,029.51 | 2,976.65 | -1.74% |
NSEMERIGRW | 2,207.97 | 2,178.86 | -1.32% |
NSEMERIVAL | 2,123.87 | 2,046.72 | -3.63% |
NSEGROWTH | 1,659.11 | 1,659.11 | 0.00% |
Dangote Index | 128.44 | 128.26 | -0.14% |
Elumelu Index | 110.47 | 106.43 | -3.66% |
Source: NSE, Proshare Research
NASD
The NASD USI closed negative with -2.03% loss W-o-W
Market CAP closed negative with +2.03% loss W-o-W
Parameter | 09-Sep-22 | 16-Sep-22 | WoW Chg |
USI | 756.43 | 741.08 | -2.03% |
MKT Capitalization (Bn) | 995.78 | 975.57 | -2.03% |
Volume Traded | 117,835.00 | 178,812,308.00 | 151648.04% |
Value Traded (000) | 23,002,909.90 | 333,068,678.44 | 1347.94% |
Deals Executed | 17.00 | 10.00 | -41.18% |
Source: NASD Plc
For more updates on the Unlisted OTC market, visit the NASD Page
2. Debt Market Size
The FMDQ Debt Market Size moved up by -0.10% to close at N29.35trn
Debt Market Size as @ AUGUST 19, 2022 | |||
Index | 16-Sep-22 | 09-Sep-22 | % Chg |
Debt Market Size | 29.35 | 29.38 | -0.10% |
3. Commodities
Global Commodities
Brent crude oil prices moved up by +0.55% W-o-W to $92.18 per barrel
WTI moved up by +0.13% W-o-W to $86.13 per barrel as at the time of writing this report. (05:26 pm)
Commodity | 16-Sep-22 | 09-Sep-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
Brent | 92.18 | 91.68 | 78.53 | 0.55% | 17.38% |
WTI | 86.13 | 86.02 | 75.89 | 0.13% | 13.49% |
Gold | 1683.2 | 1726.9 | 1827.5 | -2.53% | -7.90% |
Silver | 19.37 | 18.675 | 23.265 | 3.72% | -16.74% |
Platinum | 900.7 | 872.6 | 958 | 3.22% | -5.98% |
Palladium | 2110.5 | 2166.5 | 1883.5 | -2.58% | 12.05% |
CNBC, Proshare Research |
AFEX Indices
ACI moved up by +0.12% W-o-W to close at 455.71 and the AEI moved up by +0.93% W-o-W to close at 188.72
Afex Indices | |||
Index | 16-Sep-22 | 09-Sep-22 | % Chg |
ACI | 455.71 | 455.15 | 0.12% |
AEI | 188.72 | 186.99 | 0.93% |
AFEX Commodities
Maize moved down by -1.83% to close at N206.95 and Paddy Rice moved up by +9.83% to close at N274.58
Afex Commodity Prices | |||
Commodities | 16-Sep-22 | 09-Sep-22 | % Chg |
Maize | 206.95 | 210.81 | -1.83% |
Sorghum | 217.49 | 211.5 | 2.83% |
Cashew | 615.65 | 613.33 | 0.38% |
Cocoa | 1114.2 | 1207.45 | -7.72% |
Ginger | 1020.64 | 1020.64 | 0.00% |
Sesame | 800 | 800 | 0.00% |
Soybeans | 357.62 | 323.29 | 10.62% |
Paddy rice | 274.58 | 250 | 9.83% |
Wheat | 380 | 380 | 0.00% |
Source: AFEX
4. Forex
The NAFEX closed flat and the IEFX rates closed negative.
BDC Rate closed positive
FX | 16-Sep-22 | 09-Sep-22 | % Chg | 31-Dec-21 | YTD Chg |
I & E | 436.25 | 436.33 | -0.02% | 435 | 0.29% |
BDC | 712 | 706 | 0.85% | 568 | 25.35% |
NAFEX | 435.64 | 435.63 | 0.00% | 414.45 | 5.11% |
Source: FMDQ, CBN, Everdon |
5. Mutual Funds
For reports on Mutual Funds, kindly click here for updates from the Fund Managers Association of Nigeria.