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Market Round-up for the Week Ended 300922

Sep 30, 2022   •   by Proshare Research   •   Source: Proshare   •   eye-icon 137 views

Key Highlights

  • The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a loss of -0.01% WoW and the NASD OTC closed positive with a +1.69% 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 up 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 -0.01% W-o-W.

On top gainer and loser sector indices, NSE INDUSTRIAL closed positive with +3.01% W-o-W while NSE CONSUMER GOODS closed negative with -3.37% W-o-W.

  • During the week, the Gote Index closed flat while the Toni Index closed negative by -4.59% W-o-W.


Chart 1: Market Performance

Market Performance 

Sectors

23-Sep-22

30-Sep-22

WoW Chg

NGX ASI

49,026.62

49,024.16

-0.01%

NSE-30

1,746.22

1,746.95

0.04%

NSE Consumer Goods

605.09

584.68

-3.37%

NSE Banking

382.59

379.20

-0.89%

NSE Insurance

174.26

168.60

-3.25%

NSE Oil and Gas

507.25

508.26

0.20%

NSE LII

3,042.67

3,039.72

-0.10%

NSE-IND

1,721.36

1,773.22

3.01%

NSE-ASeM

658.99

658.99

0.00%

NSE Pension

1,681.76

1,659.38

-1.33%

NSE Premium

4,451.66

4,438.40

-0.30%

NSE Main Board

2,246.03

2,251.59

0.25%

NSECG

1,198.26

1,177.21

-1.76%

NSEAFRBVI

861.62

837.40

-2.81%

NSEAFRHDYI

2,957.53

2,911.40

-1.56%

NSEMERIGRW

2,147.44

2,135.97

-0.53%

NSEMERIVAL

2,084.31

2,061.42

-1.10%

NSEGROWTH

1,659.11

1,659.11

0.00%

Dangote Index

128.26

128.26

0.00%

Elumelu Index

109.59

104.56

-4.59%

Source: NSE, Proshare Research 

 

NASD                                   

The NASD USI closed positive with +1.69% gain W-o-W

Market CAP closed positive with +1.69% gain W-o-W

Parameter

23-Sep-22

30-Sep-22

WoW Chg

USI

                                  723.56 

                                 735.79 

1.69%

MKT Capitalization (Bn)

                                   952.51 

                                968.60 

1.69%

Volume Traded

                         60,420.00 

                       105,440.00 

74.51%

Value Traded (000)

                            57,125.00 

                    1,608,410.00 

2715.60%

Deals Executed

                                      5.00 

                                     6.00 

20.00%

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 -0.20to close at N29.37trn

Debt Market Size as @ AUGUST 30, 2022

Index

30-Sep-22

23-Sep-22

% Chg

Debt Market Size

29.31

29.37

-0.20%

 

3. Commodities

Global Commodities

Brent crude oil prices moved up by +2.61W-o-W to $88.17 per barrel

WTI moved up by +2.74W-o-W to $80.69 per barrel as at the time of writing this report. (05:16 pm)

Commodity

30-Sep-22

23-Sep-22

31-Dec-21

Weekly Chg

YTD Chg

Brent

88.17

85.93

78.53

2.61%

12.28%

WTI

80.69

78.54

75.89

2.74%

6.32%

Gold

1679

1655.5

1827.5

1.42%

-8.13%

Silver

19.22

18.82

23.265

2.13%

-17.39%

Platinum

862

857.2

958

0.56%

-10.02%

Palladium

2191

2083

1883.5

5.18%

16.33%

CNBC, Proshare Research

 

AFEX Indices

ACI remained flat W-o-W to close at 455.71 and the AEI moved down by -0.68% W-o-W to close at 186.39

Afex Indices

Index

30-Sep-22

23-Sep-22

% Chg

ACI

455.71

455.71

0.00%

AEI

186.39

187.67

-0.68%

 

AFEX Commodities

Maize moved down by -3.31% to close at N193.3 and Paddy Rice moved down by -9.95% to close at N243

Afex Commodity Prices

Commodities

30-Sep-22

23-Sep-22

% Chg

Maize

193.3

199.91

-3.31%

Sorghum

206.23

208.33

-1.01%

Cashew

605

619.61

-2.36%

Cocoa

1220

1192.29

2.32%

Ginger

1020.46

1020.64

-0.02%

Sesame

830

830

0.00%

Soybeans

339.85

345.33

-1.59%

Paddy rice

243

269.84

-9.95%

Wheat

380

280

35.71%

Source: AFEX

 

4. Forex

The NAFEX closed positive and the IEFX rates closed positive.

BDC Rate closed positive

FX

30-Sep-22

23-Sep-22

% Chg

31-Dec-21

YTD Chg

I & E

437.03

436.33

0.16%

435

0.47%

BDC

745

719

3.62%

568

31.16%

NAFEX

436.78

435.69

0.25%

414.45

5.39%

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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