26th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,821.60 -0.2% 3.06% Brent Crude Oil 75.93 -3.10% -11.62% Natural Gas 2.29 -4.71% -44.15% I&E FX Window 463.67 0.31% -3.49% Parallel Market 745 0.67% -0.68% Nigerian Treasury Bill (Average Yield %) 6.95% -0.04% 13.08% FGN Bonds (Average Yield %) 14.30 –0.03% 20.98% Gold 1,943.43 -1.96% 7.12% Cocoa 3,017.00 0.23% 15.78%
25th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,927.60 0.58% 3.27% Brent Crude Oil 78.03 1.63% -9.17% Natural Gas 2.39 2.80% -41.71% I&E FX Window 464.42 0.14% -3.65% Parallel Market 750.71 1.18% -1.49% Nigerian Treasury Bill (Average Yield %) 6.99% 0.03% 14.03% FGN Bonds (Average Yield %) 14.33 -0.00% 21.24% Gold 1,969.11 -0.67% 8.54% Cocoa 3,022.00 0.23% 14.78%
23rd May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,621.19 0.48% 2.67% Brent Crude Oil 77.15 1.53% -11.36% Natural Gas 2.38 -0.83% -41.95% I&E FX Window 464.42 0.15% -3.65% Parallel Market 760 -0.18% -2.70% Nigerian Treasury Bill (Average Yield %) 6.96% -0.01% 13.54% FGN Bonds (Average Yield %) 14.32 -0.02% 21.15% Gold 1,966.88 -0.09% 8.42% Cocoa 3,027.00 0.13% 16.2%
19th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,187.93 0.15% 1.83% Brent Crude Oil 75.58 -0.37% -12.02% Natural Gas 2.59 -0.27% -36.83% I&E FX Window 463 0.45% -3.35% Parallel Market 751.5 -0.07% -1.55% Nigerian Treasury Bill (Average Yield %) 6.97% 0.02% 13.37% FGN Bonds (Average Yield %) 14.34 -0.01% 21.32% Gold 1,977.29 0.98% 8.99% Cocoa 3,068.00 2.57% 17.74% In the communique released by the Bank regarding its decisions at the last MPC meeting, this quote is the major reason for the rate increase to 18%: “The MPC observed the continued upward risk to price development around expectations on the removal of the PMS subsidy; rising prices of other energy sources; continuing exchange rate pressure; and uncertain climatic conditions. This in the view of members, provides a compelling argument for an upward adjustment of the policy rate, albeit less aggressively”.
17th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,580.86 0.31% 2.59% Brent Crude Oil 75.30 0.52% -12.35% Natural Gas 2.34 -1.60% -42.93% I&E FX Window 465.13 -0.12% -3.81% Parallel Market 744.67 0.04% -0.63% Nigerian Treasury Bill (Average Yield %) 6.67% 0% 8.81% FGN Bonds (Average Yield %) 14.37 0.06% 21.57% Gold 1,981.42 -0.34% 9.22% Cocoa 2,988.00 -0.23% 14.67%
16th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,231.29 0.03% 1.91% Brent Crude Oil 75.46 1.74% -12.16% Natural Gas 2.35 3.47% -42.68% I&E FX Window 462.33 0.24% -3.19% Parallel Market 742.00 -0.61% -0.27% Nigerian Treasury Bill (Average Yield %) 6.70% -0.44% 9.03% FGN Bonds (Average Yield %) 14.31 -0.01% 21.07% Gold 2,018.27 1.83% 11.27% Cocoa 3,268.00 0.80% 25.41%
15th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,214.62 0.1% 1.88% Brent Crude Oil 74.17 -1.08% -13.67% Natural Gas 2.27 3.47% -46.63% I&E FX Window 462.33 0.24% -3.19% Parallel Market 737.50 1.01% 0.34% Nigerian Treasury Bill (Average Yield %) 6.70% -0.44% 9.03% FGN Bonds (Average Yield %) 14.31 -0.01% 21.07% Gold 2,010.63 -0.24% 10.83% Cocoa 3,268.00 0.80% 25.41%
12th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,161.24 -0.09% 1.78% Brent Crude Oil 75.55 -1.13% -12.06% Natural Gas 2.23 1.78% -46.61% I&E FX Window 462.73 0.17% -3.28% Parallel Market 743.29 0.23% -0.44% Nigerian Treasury Bill (Average Yield %) 7.09% -0.44% 15.66% FGN Bonds (Average Yield %) 14.33 -0.01% 21.24% Gold 2,015.93 -0.68% 11.12% Cocoa 3,242.00 -0.73% 24.41%
11th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,209.31 -0.76% 1.87% Brent Crude Oil 76.28 -1.50% -10.91% Natural Gas 2.19 -3.4% -46.59% I&E FX Window 462.25 0.11% -3.17% Parallel Market 745.00 -0.68% -0.68% Nigerian Treasury Bill (Average Yield %) 7.21% 0.01% 17.62% FGN Bonds (Average Yield %) 14.34 0.04% 20.98% Gold 2,034.81 0.03% 11.67% Cocoa 3,263.00 2.85% 25.22%
10th May 2023 Africa Markets Roundup
Markets % Change YTD (%) NGX ASI 52,606.51 0.05% 2.64% Brent Crude Oil 76.16 -1.10% -11.42% Natural Gas 2.24 0.08% -45.37% I&E FX Window 462.25 0.11% -3.17% Parallel Market 740.00 0.27% 0.00% Nigerian Treasury Bill (Average Yield %) 7.21% 0.01% 17.62% FGN Bonds (Average Yield %) 14.34 0.04% 20.98% Gold 2,025.85 0.22% 11.67% Cocoa 3,179.00 2.29% 22.00%
