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 negative with a 1.46% gain W-o-W. 
• The IEFX rate closed negative and the NAFEX rate closed flat.
• The BDC rates closed positive.
• 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 negative
• AFEX ACI closed positive while the AEI index closed positive.

NSE                                                                                                  

On top gainer and loser sector indices, AFRBVI sector index topped the gainer’s chart with a gain of 3.03% W-o-W NGX INDUSTRIAL sector index closed negative with 3.26% W-o-W.

Chart 1: Market Performance

Source: NSE, Proshare Research 

NASD                                   

The NASD USI closed negative with 0.15% gain W-o-W.

Market CAP closed positive with 5.12% gain 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 negative to close at N32.9trn

Global Commodities

Brent crude oil prices moved up by 6.98% W-o-W to $79.69 per barrel.

WTI moved up 9.53% W-o-W to $75.08 per barrel as at the time of writing this report. (06:12 pm)

AFEX Indices

ACI moved up by 1.41% W-o-W to close at 482.95 and the AEI moved up by 1.26% W-o-W to close at 226.87.

AFEX Commodities

Cashew moved up by 3.26% to close at N342.11 and Sorghum also moved down by 5.94% to close at N216.

Source: AFEX

The NAFEX closed flat and the IEFX rates closed negative.

BDC Rate closed positive

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