Friday, May 20, 2022 / 07:46 PM / Proshare Markets / Header Image Credit: EcoGraphics

Key Highlights

• The equities market recorded negative performance – the listed equities market, NGXASI, recorded a -0.22% loss WoW and the NASD OTC closed positive with a -1.82% loss 
• The IEFX and the NAFEX rate closed positive.
• The Brent Crude Oil and WTI Crude Oil prices moved upwards at the end of the week.
• The FMDQ Debt Market Size Grew by +0.66%
• AFEX ACI moved up by +0.53% and AEI indices moved up by +2.83% at the end of the week 

NSE                                                                                                  

• The NGXASI dropped by -0.22% W-o-W.
• On top gainer and loser sector indices, NSE Insurance closed positive with +3.63% while NSEMERIVAL closed negative with -3.62% W-o-W.
• During the week, the Gote Index closed negative by -0.06% while the Toni Index closed positive by +1.15% W-o-W.

Source: NSE, Proshare Research 

NASD                                   

The NASD USI closed negative with -1.82% loss W-o-W

Market CAP closed negative with -1.82% loss W-o-W

Debt Market Size

The FMDQ Debt Market Size inched up by +0.66% to close at N27.4trn from N27.22trn last week

Global Commodities

Brent crude oil prices moved up by +0.40% W-o-W to $111.93 per barrel

WTI moved up by +1.56% W-o-W to $112.3 per barrel as at the time of writing this report. (05:23pm)

AFEX Indices

ACI moved up by +0.53% W-o-W to close at 468.5 while the AEI moved up by +2.83% W-o-W to close at 204.07

AFEX Commodities

Maize moved up by +4.37% to close at N232.38 while Paddy Rice inched up by +6.33% to close at N241.91

The NAFEX and the IEFX rates closed positive.

BDC Rate closed positive

Mutual Funds

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