Key Highlights
- The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a -0.14% loss WoW and the NASD OTC closed positive with a +0.50% gain
- The IEFX and the NAFEX rate closed positive.
- 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 positive
- AFEX ACI closed positive while the AEI index closed negative
1. Equity
NSE
- The NGXASI dropped by -0.14% W-o-W.
- On top gainer and loser sector indices, NSE Premium closed positive with +1.50% while NSE Consumer Goods closed negative with -2.02% W-o-W.
- During the week, the Gote Index closed negative by -0.75% and the Toni Index closed negative by -1.06% W-o-W.
Market Performance | |||
Sectors | 17-Jun-22 | 24-Jun-22 | WoW Chg |
NGX ASI | 51,778.08 | 51,705.61 | -0.14% |
NSE-30 | 1,880.41 | 1,879.05 | -0.07% |
NSE Consumer Goods | 639.38 | 626.45 | -2.02% |
NSE Banking | 393.72 | 395.02 | 0.33% |
NSE Insurance | 176.68 | 174.27 | -1.36% |
NSE Oil and Gas | 542.80 | 544.53 | 0.32% |
NSE LII | 3,220.90 | 3,238.55 | 0.55% |
NSE-IND | 2,197.38 | 2,155.90 | -1.89% |
NSE-ASeM | 658.99 | 658.99 | 0.00% |
NSE Pension | 1,804.33 | 1,811.52 | 0.40% |
NSE Premium | 4,841.55 | 4,914.25 | 1.50% |
NSE Main Board | 2,301.49 | 2,269.60 | -1.39% |
NSECG | 1,302.59 | 1,313.78 | 0.86% |
NSEAFRBVI | 929.72 | 931.17 | 0.16% |
NSEAFRHDYI | 3,207.28 | 3,205.64 | -0.05% |
NSEMERIGRW | 2,355.79 | 2,343.43 | -0.52% |
NSEMERIVAL | 2,196.76 | 2,162.50 | -1.56% |
NSEGROWTH | 1,477.15 | 1,477.15 | 0.00% |
Dangote Index | 144.30 | 143.22 | -0.75% |
Elumelu Index | 113.93 | 112.72 | -1.06% |
Source: NSE, Proshare Research
NASD
The NASD USI closed positive with +0.50% gain W-o-W
Market CAP closed positive with +0.50% gain W-o-W
Parameter | 17-Jun-22 | 24-Jun-22 | WoW Chg |
USI | 764.41 | 768.27 | 0.50% |
MKT Capitalization (Bn) | 1,006.28 | 1,011.36 | 0.50% |
Volume Traded | 1,862,715.00 | 323,519.00 | -82.63% |
Value Traded (000) | 7,348,729.60 | 8,908,839.90 | 21.23% |
Deals Executed | 14.00 | 11.00 | -21.43% |
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 +0.75% to close at N28.08trn
Debt Market Size as @ June 24, 2022 | |||
Index | 24-Jun-22 | 17-Jun-22 | % Chg |
Debt Market Size | 28.08 | 27.87 | 0.75% |
3. Commodities
Global Commodities
Brent crude oil prices moved down by -0.85% W-o-W to $112.22 per barrel
WTI moved down by -2.87% W-o-W to $106.77 per barrel as at the time of writing this report. (06:02pm)
Commodity | 24-Jun-22 | 17-Jun-22 | 31-Dec-21 | Weekly Chg | YTD Chg |
Brent | 112.22 | 113.18 | 78.53 | -0.85% | 42.90% |
WTI | 106.77 | 109.93 | 75.89 | -2.87% | 40.69% |
Gold | 1828.1 | 1842.3 | 1827.5 | -0.77% | 0.03% |
Silver | 21.125 | 21.61 | 23.265 | -2.24% | -9.20% |
Platinum | 905.5 | 930.1 | 958 | -2.64% | -5.48% |
Palladium | 1864.5 | 1802 | 1883.5 | 3.47% | -1.01% |
CNBC, Proshare Research |
AFEX Indices
ACI moved up by +1.27% W-o-W to close at 478.16 and the AEI moved down by -0.60% W-o-W to close at 191.58
Afex Indices | |||
Index | 24-Jun-22 | 17-Jun-22 | % Chg |
ACI | 478.16 | 472.17 | 1.27% |
AEI | 191.58 | 192.73 | -0.60% |
AFEX Commodities
Maize remained flat to close at N250 while Paddy Rice moved up by +1.44% to close at N223.67
Afex Commodity Prices | |||
Commodities | 24-Jun-22 | 17-Jun-22 | % Chg |
Maize | 250 | 250 | 0.00% |
Sorghum | 218.8 | 202.81 | 7.88% |
Cashew | 644.59 | 644.59 | 0.00% |
Cocoa | 1230 | 1190.18 | 3.35% |
Ginger | 963.62 | 963.62 | 0.00% |
Sesame | 555.63 | 555.63 | 0.00% |
Soybeans | 404 | 202.81 | 99.20% |
Paddy rice | 223.67 | 220.5 | 1.44% |
Source: AFEX
4. Forex
The NAFEX and the IEFX rates closed positive.
BDC Rate closed flat
FX | 24-Jun-22 | 17-Jun-22 | % Chg | 31-Dec-21 | YTD Chg |
I & E | 420.13 | 419.82 | 0.07% | 435 | -3.42% |
BDC | 606 | 606 | 0.00% | 568 | 6.69% |
NAFEX | 419.17 | 418.71 | 0.11% | 414.45 | 1.14% |
Source: FMDQ, CBN, Everdon |
5. Mutual Funds
For reports on Mutual Funds, Kindly click here for updates from the Fund Managers Association of Nigeria.