Key Highlights

• The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a gain of 0.12% W-o-W and the NASD OTC closed positive with a 0.53% loss W-o-W. 
• The IEFX rate closed positive and the NAFEX rate closed positive.
• The BDC rates closed negative.
• The Brent Crude Oil price moved up while WTI Crude Oil price up at the end of the week.
• The FMDQ Debt Market Size closed positive
• AFEX ACI closed positive while the AEI index closed negative.

NSE                                                                                                  

On top gainer and loser sector indices, GROWTH topped the gainer’s chart with a gain of +4.20% W-o-W NGX MERIGRW sector index closed negative with -1.21% W-o-W.

Chart 1: Market Performance

Source: NSE, Proshare Research 

NASD                                   

The NASD USI closed negative with 0.53% loss W-o-W.

Market CAP closed negative with 0.53% loss W-o-W.

Source: NASD Plc

For more updates on the Unlisted OTC market, visit the NASD Page

Debt Market Size

The FMDQ Debt Market Size closed positive to close at N30.28trn

Global Commodities

Brent crude oil prices moved up by 2.79% W-o-W to $88.44 per barrel.

WTI moved up 1.94% W-o-W to $82.01 per barrel as at the time of writing this report. (06:12 pm)

AFEX Indices

ACI moved up by +1.56% W-o-W to close at 495.08 and the AEI moved down by +0.78% W-o-W to close at 245.66

AFEX Commodities

Maize moved up by 4.28% to close at N230 and Casshew also moved down by -2.24% to close at N461.7

Source: AFEX

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed negative.

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