Market Review and Round-Up of Corporate News Announced During the Week Ending – 110222

Key Highlights

• The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a -0.16% loss WoW while the NASD OTC closed positive with a +1.27% gain.
• The IEFX closed positive while NAFEX rate closed Positive.
• The Brent Crude Oil price moved downwards at the end of the week while the WTI also moved downwards.
• Equity

NSE                                                                                                 

• The NGXASI dipped by -0.16% W-o-W.
• On top gainer and loser sector indices, NSEAFRHDYI closed positive with +4.78% while NSE-ASeM closed negative with -1.30% W-o-W.
• During the week, the Gote Index appreciated by +0.02% while the Toni Index appreciated by +1.07% W-o-W.

Market Performance
Sectors	04-Feb-22	11-Feb-22	WoW Chg
NGX ASI	47,279.92	47,202.30	-0.16%
NSE-30	1,804.19	1,805.40	0.07%
NSE Consumer Goods	571.31	579.00	1.35%
NSE Banking	443.10	453.45	2.34%
NSE Insurance	183.09	185.85	1.51%
NSE Oil and Gas	422.72	423.93	0.29%
NSE LII	3,046.91	3,035.61	-0.37%
NSE-IND	2,137.00	2,138.30	0.06%
NSE-ASeM	670.65	661.90	-1.30%
NSE Pension	1,694.17	1,701.88	0.46%
NSE Premium	4,402.37	4,395.56	-0.15%
NSE Main Board	2,015.69	2,012.21	-0.17%
NSECG	1,321.96	1,320.06	-0.14%
NSEAFRBVI	1,096.43	1,099.95	0.32%
NSEAFRHDYI	2,795.40	2,928.91	4.78%
NSEMERIGRW	1,975.42	1,974.48	-0.05%
NSEMERIVAL	2,260.96	2,306.83	2.03%
NSEGROWTH	1,450.40	1,450.40	0.00%
Dangote Index	143.76	143.79	0.02%
Elumelu Index	117.70	118.96	1.07%

Source: NSE

NASD                                  

The NASD USI closed positive with +1.27% gain W-o-W

Market CAP closed positive with +1.27% gain W-o-W

Parameter	04-Feb-22	11-Feb-22	WoW Chg
USI	742.00	751.43	1.27%
MKT Capitalization (Bn)	628.31	636.29	1.27%
Volume Traded	57,695.00	65,689.00	13.86%
Value Traded (000)	874,635.50	3,719,550.00	325.27%
Deals Executed	7.00	11.00	57.14%

Source: NASD Plc

• Fixed Income and Bonds

FGN Bonds

as @ Thursday, February 10, 2022
Description	Price	Yield	Change (%)
12.75 27-APR-2023	106.8	6.77	-0.01
14.20 14-MAR-2024	111.1	8.3	-0.07
13.53 23-MAR-2025	109	10.1	-0.14
12.50 22-JAN-2026	104.2	11.2	-0.09
16.2884 17-MAR-2027	118.1	11.5	0
13.98 23-FEB-2028	108.3	12	0
14.55 26-APR-2029	113	11.8	0
10.00 23-JUL-2030	89.48	12	0.03
12.1493 18-JUL-2034	96.78	12.7	0.13
12.50 27-MAR-2035	98.2	12.8	0
12.40 18-MAR-2036	97.32	12.8	0
16.2499 18-APR-2037	122.6	12.8	0.04
9.80 24-JUL-2045	83.02	12	0
14.80 26-APR-2049	113.6	13	-0.04
12.98 27-MAR-2050	100	13	0

Treasury Bills

as @ Thursday, February 10, 2022
Maturity	Discount	Yield	Change (%)
NTB 10-Mar-22	2.98	2.99	0
NTB 28-Apr-22	4	4.03	0
NTB 12-May-22	4	4.04	0
NTB 9-Jun-22	3.67	3.71	0
NTB 14-Jul-22	4.3	4.38	0
NTB 11-Aug-22	4.54	4.65	0
NTB 8-Sep-22	5.5	5.68	0
NTB 13-Oct-22	5	5.17	0
NTB 10-Nov-22	5.01	5.21	0
OMO 1-Mar-22	5.4	5.42	0
OMO 16-Aug-22	5.73	5.9	0
OMO 4-Oct-22	5.5	5.7	0

• Commodities

Brent crude oil prices moved down by -0.16% W-o-W to $93.12 per barrel.

WTI moved down by -0.79% W-o-W to $91.67 per barrel as of the time of writing this report. (5:22 pm)

Commodity	11-Feb-22	04-Feb-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	93.12	93.27	78.53	-0.16%	18.58%
WTI	91.67	92.4	75.89	-0.79%	20.79%
Gold	1834.6	1805.7	1827.5	1.60%	0.39%
Silver	23.215	22.43	23.265	3.50%	-0.21%
Platinum	1014.5	1022.8	958	-0.81%	5.90%
Palladium	2195.5	2300.5	1883.5	-4.56%	16.56%
CNBC

• Forex

The NAFEX  closed positive while the IEFX rates closed negative.

FX	11-Feb-22	04-Feb-22	% Chg	31-Dec-21	YTD Chg
I & E	416.67	416.07	0.14%	435	-4.21%
NAFEX	416.37	416.07	0.07%	414.45	0.46%
Source: FMDQ, CBN, Everdon