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Market Round-up for the Week Ended 230922

Sep 23, 2022   •   by   •   Source: Proshare   •   eye-icon 223 views

Key Highlights

  • The equities market recorded Negative performance – the listed equities market, NGXASI, recorded a loss of -0.91% WoW and the NASD OTC closed negative with a -2.36% loss. 
  • The IEFX rate closed positive and the NAFEX rate closed positive.
  • The BDC rates closed positive.
  • 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 flat while the AEI index closed negative

 

1. Equity

NSE                                                                                                  

  • The NGXASI inched down by -0.91% W-o-W.

On top gainer and loser sector indices, NSE BANKING closed positive with +2.27% W-o-W while NSE OIL and GAS closed negative with -4.68% W-o-W.

  • During the week, the Gote Index closed flat while the Toni Index closed positive by +2.97% W-o-W.


Chart 1: Market Performance

Market Performance 

Sectors

16-Sep-22

23-Sep-22

WoW Chg

NGX ASI

49,475.42

49,026.62

-0.91%

NSE-30

1,763.67

1,746.22

-0.99%

NSE Consumer Goods

606.05

605.09

-0.16%

NSE Banking

374.09

382.59

2.27%

NSE Insurance

177.96

174.26

-2.08%

NSE Oil and Gas

532.15

507.25

-4.68%

NSE LII

3,075.59

3,042.67

-1.07%

NSE-IND

1,791.53

1,721.36

-3.92%

NSE-ASeM

658.99

658.99

0.00%

NSE Pension

1,680.91

1,681.76

0.05%

NSE Premium

4,445.91

4,451.66

0.13%

NSE Main Board

2,282.17

2,246.03

-1.58%

NSECG

1,203.29

1,198.26

-0.42%

NSEAFRBVI

860.89

861.62

0.08%

NSEAFRHDYI

2,976.65

2,957.53

-0.64%

NSEMERIGRW

2,178.86

2,147.44

-1.44%

NSEMERIVAL

2,046.72

2,084.31

1.84%

NSEGROWTH

1,659.11

1,659.11

0.00%

Dangote Index

128.26

128.26

0.00%

Elumelu Index

106.43

109.59

2.97%

 

Source: NSE, Proshare Research 

 

NASD                                   

The NASD USI closed negative with -2.36% loss W-o-W

Market CAP closed negative with +2.36% loss W-o-W

Parameter

16-Sep-22

23-Sep-22

WoW Chg

USI

                                 741.08 

                                  723.56 

-2.36%

MKT Capitalization (Bn)

                                 975.57 

                                   952.51 

-2.36%

Volume Traded

                178,812,308.00 

                         60,420.00 

-99.97%

Value Traded (000)

               333,068,678.44 

                            57,125.00 

-99.98%

Deals Executed

                                   10.00 

                                      5.00 

-50.00%

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 up by -0.14% to close at N29.31trn

Debt Market Size as @ AUGUST 23, 2022

Index

23-Sep-22

16-Sep-22

% Chg

Debt Market Size

29.31

29.35

-0.14%

 

3. Commodities

Global Commodities

Brent crude oil prices moved down by -6.78W-o-W to $85.93 per barrel

WTI moved down by -8.81W-o-W to $78.54 per barrel as at the time of writing this report. (05:03 pm)

Commodity

23-Sep-22

16-Sep-22

31-Dec-21

Weekly Chg

YTD Chg

Brent

85.93

92.18

78.53

-6.78%

9.42%

WTI

78.54

86.13

75.89

-8.81%

3.49%

Gold

1655.5

1683.2

1827.5

-1.65%

-9.41%

Silver

18.82

19.37

23.265

-2.84%

-19.11%

Platinum

857.2

900.7

958

-4.83%

-10.52%

Palladium

2083

2110.5

1883.5

-1.30%

10.59%

CNBC, Proshare Research

 

AFEX Indices

ACI remained flat W-o-W to close at 455.71 and the AEI moved down by -0.56% W-o-W to close at 188.67

Afex Indices

Index

23-Sep-22

16-Sep-22

% Chg

ACI

455.71

455.71

0.00%

AEI

187.67

188.72

-0.56%

 

AFEX Commodities

Maize moved down by -3.40% to close at N199.91 and Paddy Rice moved down by -1.73% to close at N269.84

Afex Commodity Prices

Commodities

23-Sep-22

16-Sep-22

% Chg

Maize

199.91

206.95

-3.40%

Sorghum

208.33

217.49

-4.21%

Cashew

619.61

615.65

0.64%

Cocoa

1192.29

1114.2

7.01%

Ginger

1020.64

1020.64

0.00%

Sesame

830

800

3.75%

Soybeans

345.33

357.62

-3.44%

Paddy rice

269.84

274.58

-1.73%

Wheat

280

380

-26.32%

Source: AFEX

 

4. Forex

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed positive

FX

23-Sep-22

16-Sep-22

% Chg

31-Dec-21

YTD Chg

I & E

436.33

436.25

0.02%

435

0.31%

BDC

719

712

0.98%

568

26.58%

NAFEX

435.69

435.64

0.01%

414.45

5.12%

Source: FMDQ, CBN, Everdon

 

5. Mutual Funds.

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

 

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