Key Highlights
- The equities market recorded negative performance – the listed equities market, NGXASI, recorded a -2.68% loss WoW and the NASD OTC closed negative with a -1.41% loss
- The IEFX and the NAFEX rate closed negative.
- The BDC rates closed flat
- The Brent Crude Oil and WTI Crude Oil prices moved downwards 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 dropped by -2.68% W-o-W.
- On top gainer and loser sector indices, NSE Growth closed positive with +2.79% while NSE Banking closed negative with -5.20% W-o-W.
- During the week, the Gote Index closed negative by -0.06% and the Toni Index closed negative by -2.57% W-o-W.
Market Performance | |||
Sectors | 10-Jun-22 | 17-Jun-22 | WoW Chg |
NGX ASI | 53,201.38 | 51,778.08 | -2.68% |
NSE-30 | 1,938.49 | 1,880.41 | -3.00% |
NSE Consumer Goods | 646.90 | 639.38 | -1.16% |
NSE Banking | 415.33 | 393.72 | -5.20% |
NSE Insurance | 178.85 | 176.68 | -1.21% |
NSE Oil and Gas | 552.73 | 542.80 | -1.80% |
NSE LII | 3,307.50 | 3,220.90 | -2.62% |
NSE-IND | 2,199.13 | 2,197.38 | -0.08% |
NSE-ASeM | 658.99 | 658.99 | 0.00% |
NSE Pension | 1,860.48 | 1,804.33 | -3.02% |
NSE Premium | 5,037.47 | 4,841.55 | -3.89% |
NSE Main Board | 2,342.19 | 2,301.49 | -1.74% |
NSECG | 1,353.36 | 1,302.59 | -3.75% |
NSEAFRBVI | 970.65 | 929.72 | -4.22% |
NSEAFRHDYI | 3,274.08 | 3,207.28 | -2.04% |
NSEMERIGRW | 2,384.01 | 2,355.79 | -1.18% |
NSEMERIVAL | 2,235.92 | 2,196.76 | -1.75% |
NSEGROWTH | 1,437.05 | 1,477.15 | 2.79% |
Dangote Index | 144.39 | 144.30 | -0.06% |
Elumelu Index | 116.93 | 113.93 | -2.57% |
Source: NSE, Proshare Research
NASD
The NASD USI closed negative with -1.41% loss W-o-W
Market CAP closed positive with -1.41% loss W-o-W
Parameter | 10-Jun-22 | 17-Jun-22 | WoW Chg |
USI | 775.32 | 764.41 | -1.41% |
MKT Capitalization (Bn) | 1,020.64 | 1,006.28 | -1.41% |
Volume Traded | 14,235.00 | 1,862,715.00 | 12985.46% |
Value Traded (000) | 2,477,940.00 | 7,348,729.60 | 196.57% |
Deals Executed | 6.00 | 14.00 | 133.33% |
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 -0.04% to close at N27.87trn
Debt Market Size as @ June 17, 2022 | |||
Index | 17-Jun-22 | 10-Jun-22 | % Chg |
Debt Market Size | 27.87 | 27.88 | -0.04% |
3. Commodities
Global Commodities
Brent crude oil prices moved down by -6.89% W-o-W to $113.18 per barrel
WTI moved down by -8.45% W-o-W to $109.93 per barrel as at the time of writing this report. (06:13pm)
Commodity | 17-Jun-22 | 10-Jun-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
Brent | 113.18 | 121.55 | 78.53 | -6.89% | 44.12% |
WTI | 109.93 | 120.08 | 75.89 | -8.45% | 44.85% |
Gold | 1842.3 | 1875.8 | 1827.5 | -1.79% | 0.81% |
Silver | 21.61 | 21.965 | 23.265 | -1.62% | -7.11% |
Platinum | 930.1 | 971.2 | 958 | -4.23% | -2.91% |
Palladium | 1802 | 1907 | 1883.5 | -5.51% | -4.33% |
CNBC, Proshare Research |
AFEX Indices
ACI moved up by +1.40% W-o-W to close at 472.17 and the AEI moved down by -1.07% W-o-W to close at 192.73
Afex Indices | |||
Index | 17-Jun-22 | 10-Jun-22 | % Chg |
ACI | 472.17 | 465.66 | 1.40% |
AEI | 192.73 | 194.82 | -1.07% |
AFEX Commodities
Maize moved up by +13.97% to close at N250 while Paddy Rice dropped by -10.71% to close at N220.5
Afex Commodity Prices | |||
Commodities | 17-Jun-22 | 10-Jun-22 | % Chg |
Maize | 250 | 219.36 | 13.97% |
Sorghum | 202.81 | 229.5 | -11.63% |
Cashew | 644.59 | 499.93 | 28.94% |
Cocoa | 1190.18 | 1243.33 | -4.27% |
Ginger | 963.62 | 963.62 | 0.00% |
Sesame | 555.63 | 555.63 | 0.00% |
Soybeans | 202.81 | 421.83 | -51.92% |
Paddy rice | 220.5 | 246.95 | -10.71% |
Source: AFEX
4. Forex
The NAFEX and the IEFX rates closed positive.
BDC Rate closed flat
FX | 17-Jun-22 | 10-Jun-22 | % Chg | 31-Dec-21 | YTD Chg |
I & E | 419.82 | 422.5 | -0.63% | 435 | -3.49% |
BDC | 606 | 606 | 0.00% | 568 | 6.69% |
NAFEX | 418.71 | 419.3 | -0.14% | 414.45 | 1.03% |
Source: FMDQ, CBN, Everdon |
5. Mutual Funds
For reports on Mutual Funds, Kindly click here for updates from the Fund Managers Association of Nigeria.