Market Review and Round-Up of Corporate News Announced During the Week Ending – 180222 – First Ideas Limited

Market Review and Round-Up of Corporate News Announced During the Week Ending – 180222

Key Highlights

  • The equities market recorded negative performance – the listed equities market, NGXASI, recorded a -0.13% loss WoW while the NASD OTC closed negative with a -2.24% loss
  • The IEFX closed Positive 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 declined by -0.13% W-o-W.
  • On top gainer and loser sector indices, NSEAFRHDYI closed positive with +3.21% while NSE Oil and Gas closed negative with -3.45% W-o-W.
  • During the week, the Gote Index closed negative by -0.21% while the Toni Index gained by +0.36% W-o-W.
Market Performance
Sectors11-Feb-2218-Feb-22WoW Chg
NGX ASI47,202.3047,140.48-0.13%
NSE-301,805.401,806.290.05%
NSE Consumer Goods579.00592.592.35%
NSE Banking453.45450.09-0.74%
NSE Insurance185.85187.801.05%
NSE Oil and Gas423.93409.32-3.45%
NSE LII3,035.613,045.360.32%
NSE-IND2,138.302,131.36-0.32%
NSE-ASeM661.90661.900.00%
NSE Pension1,701.881,704.570.16%
NSE Premium4,395.564,382.98-0.29%
NSE Main Board2,012.212,012.180.00%
NSECG1,320.061,321.190.09%
NSEAFRBVI1,099.951,090.54-0.86%
NSEAFRHDYI2,928.913,022.893.21%
NSEMERIGRW1,974.481,979.950.28%
NSEMERIVAL2,306.832,323.690.73%
NSEGROWTH1,450.401,450.400.00%
Dangote Index143.79143.49-0.21%
Elumelu Index118.96119.390.36%

Source: NSE, 

NASD                                  

The NASD USI closed negative with -2.24% loss W-o-W

Market CAP closed negative with -2.24% loss W-o-W

Parameter11-Feb-2218-Feb-22WoW Chg
USI                                751.43                                734.62-2.24%
MKT Capitalization (Bn)                                636.29                                622.06-2.24%
Volume Traded                         65,689.00                                502.80-99.23%
Value Traded (000)                  3,719,550.00                  4,552,383.0022.39%
Deals Executed                                   11.00                                     4.00-63.64%

Source: NASD Plc

  • Fixed Income and Bonds

FGN Bonds

as @ Friday, February 18, 2022
DescriptionPriceYieldChange (%)
12.75 27-APR-2023106.86.67-0.01
14.20 14-MAR-2024111.18.250
13.53 23-MAR-2025112.28.930
12.50 22-JAN-2026106.410.5-0.01
16.2884 17-MAR-2027120.510.9-0.58
13.98 23-FEB-2028112.411.1-0.53
14.55 26-APR-2029115.611.3-0.49
10.00 23-JUL-203091.7611.6-0.37
12.1493 18-JUL-203499.0112.30
12.50 27-MAR-2035100.212.50
12.40 18-MAR-203698.1912.70
16.2499 18-APR-2037123.612.70
9.80 24-JUL-204583.02120
14.80 26-APR-2049113.912.90
12.98 27-MAR-2050100.2130

Treasury Bills

as @ Friday, February 18, 2022
MaturityDiscountYieldChange (%)
NTB 10-Mar-222.982.980
NTB 28-Apr-2244.030
NTB 12-May-223.133.150
NTB 9-Jun-223.673.710
NTB 14-Jul-224.34.380
NTB 11-Aug-224.544.640
NTB 8-Sep-224.34.40
NTB 13-Oct-2255.170
NTB 10-Nov-225.015.20
OMO 1-Mar-225.45.410
OMO 16-Aug-224.64.71-0.07
OMO 4-Oct-225.55.70

  • Commodities

Brent crude oil prices moved down by -0.10% W-o-W to $93.03 per barrel

WTI moved down by -0.20% W-o-W to $91.49 per barrel as at the time of writing this report. (05:42pm)

Commodity18-Feb-2211-Feb-2231-Dec-21Weekly ChgYTD Chg
Brent93.0393.1278.53-0.10%18.46%
WTI91.4991.6775.89-0.20%20.56%
Gold1895.51834.61827.53.32%3.72%
Silver23.94523.21523.2653.14%2.92%
Platinum1070.61014.59585.53%11.75%
Palladium23092195.51883.55.17%22.59%
CNBC
  • Forex
FX18-Feb-2211-Feb-22% Chg31-Dec-21YTD Chg
I & E416.75416.670.02%435-4.20%
NAFEX416.62416.370.06%414.450.52%
Source: FMDQ, CBN, Everdon

NB Declares N12.67bn PAT in 2021 Audited Results; Proposes N1.20k Final Dividend;(SP:N48.00k)

Nigerian Breweries Plc released its 2021 Audited Financial Statements for the Period Ended 31st December 2021.


Key Highlights

  • Revenue grew by 29.74% from N337.05bn to N437.29bn
  • Profit before tax stood at N23.7bn
  • Profit after tax stood at N12.67bn
  • Share Price Currently Stands at N48.00k

                            AUDITED REPORT FOR PERIOD ENDED 31 DEC

 2021 N’m2020 N’m% Change
 DECDEC 
Revenue437,285337,04629.74%
PBT23,70111,577104.72%
Taxation(11,029)(4,208)162.10%
PAT12,6727,36871.99%
Basic EPS(K)157926.7%

·                     BALANCE SHEET INFORMATION

Net Asset171,912161,1796.7%

Corporate Declaration

Proposed Dividend                          N1.20

Qualification date                             09-Mar-22

Payment date                                   22-Apr-22

Closure date                                     10- 16-Mar-22

AGM                                                   22-Apr-22     

Global Spectrum Energy Service Plc Declares N214.64m PAT in Q4 2021 Unaudited Results,(SP:N4.19k)

Global Spectrum Energy Services Plc released its Q4 2021 Unaudited results for the period ended December 31st, 2021.

Key Highlights

  • Gross Revenue declined by 12.3% from N2.23bn to N1.95bn
  • Profit before tax stood at N255.22m
  • Profit after tax stood at N214.64m
  • Share Price Currently Stands at N4.19k

                  12months UNAUDITED REPORT FOR PERIOD ENDED 31 DEC

 2021 N’m2020 N’m% Change
 DECDEC 
Revenue1,9542,227-12.3%
PBT255.215230.10510.9%
Taxation(40.579)(34.516)17.6%
PAT214.637195.5909.7%

            BALANCE SHEET INFORMATION

Net Asset5,1484,9354.3%

Custodian Investment Plc Declares N9.36bn PAT in 2021 Q4 Unaudited Result; (SP:N7.45k)

Custodian Investment Plc released its Q4 2021 Unaudited results for the period ended December 31st, 2021.

 Key Highlights

  • Gross Revenue grew by 13.94% from N75.06bn to N85.53bn
  • Profit before tax stood at N12.004bn
  • Profit after tax stood at N9.36bn
  • Share Price Currently Stands at N7.45k

                  12months UNAUDITED REPORT FOR PERIOD ENDED 31 DEC

 2021 N’m2020 N’m% Change
 DECDEC 
Gross Revenue85,52675,06213.94%
PBT12,00413,686-12.29%
Taxation(2,602)(897)190.10%
PAT9,35812,687-26.24%

            BALANCE SHEET INFORMATION

Net Asset63,38444,73941.7%

NCR Declares N320.52m PAT in Q4 2021 Results,(SP:N3.63k)

NCR Nigeria Plc released its Q4 2021 Unaudited results for the period ended December 31st, 2021.


 Key Highlights

  • Revenue declined by 50.4% from N5.13bn to N2.54bn
  • Profit before tax stood at N320.52m
  • Profit after tax stood at N320.52m
  • Share Price Currently Stands at N3.63k

                  12months REPORT FOR PERIOD ENDED 31 DEC

 2021 N’m2020 N’m% Change
 DECDEC 
Revenue2,5415,126-50.4%
P(L)BT320.522(198.785)-261.2%
Taxation(92.345)
P(L)AT320.522(291.130)-210.1%

·                     BALANCE SHEET INFORMATION

Net Asset(532.635)(844.157)-36.9%

About the Author

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First Ideas Limited is an investment and financial advisory company established in 1994 to provide advisory services to high net worth individuals, trust funds, financial institutions and medium sized companies in growth sectors.

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