Key Highlights
- The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a loss of 1.54% W-o-W and the NASD OTC closed positive with a 0.55% gain W-o-W.
- The IEFX rate closed positive and the NAFEX rate closed flat.
- The BDC rates closed positive.
- The Brent Crude Oil price moved down while WTI Crude Oil price down at the end of the week.
- The FMDQ Debt Market Size closed positive
- AFEX ACI closed negative while the AEI index closed positive.
1. Equity
NSE
- The NGXASI inched down by 1.54% W-o-W.
On top gainer and loser sector indices, Consumer Goods topped the gainer’s chart with a gain of 1.11% W-o-W NGX AFHRBVI sector index closed negative with -5.22% W-o-W.
- Gote Index closed the week positive by 0.15% while the Toni Index closed the week negative by 5.13% W-o-W.
Chart 1: Market Performance
Market Performance | |||
Sectors | 10-Mar-23 | 17-Mar-23 | WoW Chg |
NGX ASI | 55,794.51 | 54,935.20 | -1.54% |
NSE-30 | 1,991.88 | 1,960.78 | -1.56% |
NSE Consumer Goods | 693.67 | 701.37 | 1.11% |
NSE Banking | 453.73 | 432.92 | -4.59% |
NSE Insurance | 180.04 | 175.63 | -2.45% |
NSE Oil and Gas | 521.34 | 521.34 | 0.00% |
NSE LII | 3,566.32 | 3,542.63 | -0.66% |
NSE-IND | 2,558.73 | 2,551.91 | -0.27% |
NSE-ASeM | 659.42 | 659.42 | 0.00% |
NSE Pension | 1,932.64 | 1,879.80 | -2.73% |
NSE Premium | 5,262.31 | 5,118.27 | -2.74% |
NSE Main Board | 2,489.31 | 2,471.32 | -0.72% |
NSECG | 1,401.13 | 1,347.29 | -3.84% |
NSEAFRBVI | 1,102.11 | 1,044.60 | -5.22% |
NSEAFRHDYI | 3,696.52 | 3,547.00 | -4.04% |
NSEMERIGRW | 2,389.42 | 2,361.43 | -1.17% |
NSEMERIVAL | 2,539.67 | 2,406.40 | -5.25% |
NSEGROWTH | 2,791.14 | 2,872.03 | 2.90% |
Dangote Index | 150.82 | 150.59 | -0.15% |
Elumelu Index | 124.74 | 118.34 | -5.13% |
Source: NSE, Proshare Research
NASD
The NASD USI closed positive with 0.55% gain W-o-W
Market CAP closed positive with 0.55% gain W-o-W
Parameter | 10-Mar-23 | 17-Mar-23 | WoW Chg |
USI | 727.42 | 731.44 | 0.55% |
MKT Capitalization (Bn) | 955.83 | 961.12 | 0.55% |
Volume Traded | 10,322,354.00 | 739,755.00 | -92.83% |
Value Traded (000) | 13,697,604.50 | 30,596,124.38 | 123.37% |
Deals Executed | 14 | 10 | -28.57% |
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 positive to close at N32.3trn
3. Commodities
Global Commodities
Brent crude oil prices moved down by 10.71% W-o-W to $72.96 per barrel
WTI moved down 11.97% W-o-W to $66.71 per barrel as at the time of writing this report. (06:12 pm)
AFEX Indices
ACI moved down by 0.63% W-o-W to close at 478.97 and the AEI moved up by 1.85% W-o-W to close at 220.12
AFEX Commodities
Maize moved up by 3.84% to close at N238.97 and Cashew also moved down by 0.49% to close at N610.11
Source: AFEX
4. Forex
The NAFEX closed flat and the IEFX rates closed positive.
BDC Rate closed positive
5. Mutual Funds
For reports on Mutual Funds, Kindly click here for updates from the Fund Managers Association of Nigeria.