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Market Round-up for the Week Ended 170323

Mar 17, 2023   •   by   •   Source: Proshare   •   eye-icon 239 views

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 10.71W-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 1.85W-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. 

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