Key Highlights

• The equities market recorded positive performance – the listed equities market, NGXASI, recorded a gain of 0.16% W-o-W and the NASD OTC closed positive with a 0.16% gain W-o-W. 
• The IEFX rate closed negative and the NAFEX rate closed negative.
• The BDC rates closed positive.
• 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 positive while the AEI index closed positive

NSE                                                                                                  

On top gainer and loser sector indices, INSURANCE topped the gainer’s chart with a gain of +1.78% W-o-W NGX AFRIBVI sector index closed negative with -2.66% W-o-W.

Chart 1: Market Performance

Source: NSE, Proshare Research 

NASD                                   

The NASD USI closed positive with 0.16% gain W-o-W

Market CAP closed positive with 0.15% gain W-o-W

Source: NASD Plc

For more updates on the Unlisted OTC market, visit the NASD Page

Debt Market Size

The FMDQ Debt Market Size closed negative to close at N30.22trn

Global Commodities

Brent crude oil prices moved up by 1.12% W-o-W to $86.04 per barrel

WTI moved up 1.09% W-o-W to $80.45 per barrel as at the time of writing this report. (06:12 pm)

AFEX Indices

ACI moved up by +3.57% W-o-W to close at 487.47 and the AEI moved up by +0.83% W-o-W to close at 247.59

AFEX Commodities

Maize moved up by 4.28% to close at N230 and Casshew also moved down by -2.24% to close at N461.7

Source: AFEX

The NAFEX closed negative and the IEFX rates closed negative.

BDC Rate closed positive

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