Key Highlights
- The equities market recorded a mixed performance—the listed equities market, NGXASI, declined 1.39% W-o-W, while the NASD OTC advanced 4.31%.
- The NAFEM and NAFEX rates were depreciated at the end of the week.
- The BDC rates depreciated to 1,340.
- The price of Brent crude oil and WTI closed positively at the end of the week.
- The FMDQ Debt Market Size was not available when reporting.
- The AFEX ACI and AEI were not available when reporting.
1. Equity
NSE
- The NGXASI declined by 1.39% W-o-W.
- The NGX MERI GROWTH Index topped the gainers chart and advanced by 1.13%, while the NGX CG Index Bank Value Index topped the losers chart and declined by 3.60% at the end of the week.
- The Gote Index closed flat, while the Toni Index fell by 0.56% WoW.
Chart 1: Market Performance
Source: NSE, Proshare Research
NASD
The NASD NSI advanced 4.31% compared to the previous week.
The market capitalization advanced 4.31% over the week.
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 was not available when reporting.
3. Commodities
Global Commodities
The price of Brent surged by 2.46% WoW to $89.41, while Palladium declined by 6.98% WoW to $960.00 in the global commodities market when this report was written. (05:55 pm).
AFEX Indices
AFEX ACI and AEI were not available when reporting.
AFEX Commodities
On the Afex commodities market, Sorghum increased by 4.70% to close the week at 549.89, while Paddy rice decreased by 17.26% to close at 496.47 at the end of the week.
Source: AFEX
4. Forex
The NAFEX, NAFEM and BDC all depreciated to 1,346.35, 1,339.23, and 1,340 at the end of the week.
5. Mutual Funds
For reports on Mutual Funds, Kindly click here for updates from the Fund Managers Association of Nigeria.