Market Review and Round-Up of Corporate News Announced During the Week Ending – 280122

Key Highlights

• The equities market recorded positive performance – the listed equities market, NGXASI, recorded a +0.54% gain WoW while the NASD OTC closed positive with a +0.17% gain.
• The IEFX closed flat while NAFEX rate closed Positive.
• The Brent Crude Oil price moved upwards at the end of the week while the WTI also moved upwards.
• Equity

NSE

• The NGXASI appreciated by +0.54% W-o-W.
• On top gainer and loser sector indices, NSE Banking closed positive with +4.84% while NSE-IND closed negative with -5.12% W-o-W.
• During the week, the Gote Index depreciated by -8.18% while the Toni Index appreciated by +1.90% W-o-W.

Market Performance
Sectors	21-Jan-22	28-Jan-22	WoW Chg
NGX ASI	45,957.35	46,205.05	0.54%
NSE-30	1,772.92	1,752.92	-1.13%
NSE Consumer Goods	564.47	575.99	2.04%
NSE Banking	419.14	439.44	4.84%
NSE Insurance	192.71	186.69	-3.12%
NSE Oil and Gas	379.17	392.55	3.53%
NSE LII	3,024.39	2,954.27	-2.32%
NSE-IND	2,178.09	2,066.63	-5.12%
NSE-ASeM	670.65	670.65	0.00%
NSE Pension	1,656.51	1,656.13	-0.02%
NSE Premium	4,350.74	4,205.66	-3.33%
NSE Main Board	1,932.07	2,006.86	3.87%
NSECG	1,289.20	1,282.41	-0.53%
NSEAFRBVI	1,055.84	1,059.54	0.35%
NSEAFRHDYI	2,664.81	2,708.69	1.65%
NSEMERIGRW	1,901.38	1,888.81	-0.66%
NSEMERIVAL	2,195.29	2,220.87	1.17%
NSEGROWTH	1,280.26	1,280.26	0.00%
Dangote Index	148.86	136.69	-8.18%
Elumelu Index	113.98	116.15	1.90%

Source: NSE

NASD                                  

The NASD USI closed positive with -0.17% gain W-o-W

Market CAP closed negative with -0.17% loss W-o-W

Parameter	21-Jan-22	28-Jan-22	WoW Chg
USI	744.54	745.82	0.17%
MKT Capitalization (Bn)	630.46	631.55	0.17%
Volume Traded	4,130,400.00	1,259,826.00	-69.50%
Value Traded (000)	86,893,802.50	30,411,966.10	-65.00%
Deals Executed	8.00	12.00	50.00%

Source: NASD Plc

• Fixed Income and Bonds

FGN Bonds

as @ Thursday, January 27, 2022
Description	Price	Yield	Change (%)
12.75 27-APR-2023	106.9	6.88	-0.01
14.20 14-MAR-2024	110.9	8.48	-0.01
13.53 23-MAR-2025	109.9	9.78	0.01
12.50 22-JAN-2026	105.3	10.8	0.03
16.2884 17-MAR-2027	117.6	11.6	0.02
13.98 23-FEB-2028	108	12.1	0.19
14.55 26-APR-2029	111.1	12.2	0.16
10.00 23-JUL-2030	88.11	12.3	0.13
12.1493 18-JUL-2034	96.95	12.6	0.04
12.50 27-MAR-2035	98.7	12.7	0.03
12.40 18-MAR-2036	98.14	12.7	0
16.2499 18-APR-2037	122.4	12.9	0
9.80 24-JUL-2045	83.02	12	0
14.80 26-APR-2049	112.5	13.1	0
12.98 27-MAR-2050	100.2	13	0

Treasury Bills

as @ Thursday, January 27, 2022
Maturity	Discount	Yield	Change (%)
NTB 10-Feb-22	4	4.01	0
NTB 10-Mar-22	2.98	2.99	0
NTB 28-Apr-22	4	4.04	0
NTB 12-May-22	4	4.05	0
NTB 9-Jun-22	3.67	3.72	0
NTB 14-Jul-22	4.3	4.39	0
NTB 11-Aug-22	5.36	5.52	0
NTB 8-Sep-22	5.5	5.69	0
NTB 13-Oct-22	5	5.18	0
NTB 10-Nov-22	5.01	5.22	0
OMO 1-Mar-22	5.28	5.31	0
OMO 16-Aug-22	5.73	5.91	0
OMO 4-Oct-22	5.5	5.72	0

• Commodities

Brent crude oil prices moved up by +3.47% W-o-W to $90.7 per barrel.

WTI inched up by +3.25% W-o-W to $87.66 per barrel as of the time of writing this report. (5:48 pm)

Commodity	28-Jan-22	21-Jan-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	90.7	87.66	78.53	3.47%	15.50%
WTI	87.66	84.9	75.89	3.25%	15.51%
Gold	1786.1	1835.2	1827.5	-2.68%	-2.27%
Silver	22.35	24.412	23.265	-8.45%	-3.93%
Platinum	1003.6	1040.3	958	-3.53%	4.76%
Palladium	2350	2102	1883.5	11.80%	24.77%
CNBC

• Forex

The NAFEX  closed positive while the IEFX rates closed negative.

FX	28-Jan-22	21-Jan-22	% Chg	31-Dec-21	YTD Chg
I & E	416.33	416.33	0.00%	435	-4.29%
NAFEX	415.81	415.43	0.09%	414.45	0.33%
Source: FMDQ, CBN, Everdon