Key Highlights

• The equities market recorded positive performance – the listed equities market, NGXASI, recorded a gain of 2.13% W-o-W and the NASD OTC closed positive with a 0.40% gain W-o-W. 
• The IEFX rate closed negative and the NAFEX rate closed negative.
• The BDC rates closed negative.
• The Brent Crude Oil price moved down while WTI Crude Oil moved down 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 inched up by 2.13% W-o-W.

On top gainer and loser sector indices, GROWTH topped the gainer’s chart with a gain of +14.86% W-o-W while no index recorded lossW-o-W.

• Gote Index closed the week positive by 0.73% W-o-W while the Toni Index closed the week positive by 2.83% W-o-W.

chart 1: Market Performance

 Source: NSE, Proshare Research 

NASD                                   

The NASD USI closed positive with 0.40% gain W-o-W

Market CAP closed positive with 0.40% gain W-o-W

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 closed negative to close at N31.99trn

3. Commodities

Global Commodities

Brent crude oil prices moved down by -1.16% W-o-W to $81.81 per barrel.

WTI moved down by -5.29% to $71.93 per barrel W-o-W as at the time of writing this report. (05: 01 pm)

AFEX Indices

ACI moved up by 2.98% W-o-W to close at 479.01 and the AEI moved down by 1.56% W-o-W to close at 225.91

AFEX Commodities

Cashew moved up by 16.28% to close at N644.69 and Soybeans also moved down by -2.18% to close at N348.25.

 Source: AFEX

4. Forex

The NAFEX closed negative and the IEFX rates closed negative.

BDC Rate closed negative.

5. Mutual Funds

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