Market Review and Round-Up of Corporate News Announced During the Week Ending – 180322 – First Ideas Limited

Market Review and Round-Up of Corporate News Announced During the Week Ending – 180322

Key Highlights

  • The equities market recorded Negative performance the listed equities market, NGXASI, recorded a -0.33% loss WoW while the NASD OTC closed positive with -3.26% loss.
  • The IEFX closed flat while NAFEX rate closed positive.
  • The Brent Crude Oil price moved downwards at the end of the week while the WTI moved downwards.
  • Equity

NSE                                                                                                 

  • The NGXASI declined by -0.33% W-o-W.
  • On top gainer and loser sector indices, NSEMERIVAL closed positive with +0.76% while NSE Oil and Gas closed negative with -3.87% W-o-W.
  • During the week, the Gote Index dropped by -0.05% while the Toni Index climbed by +0.87% W-o-W.
Market Performance
Sectors11-Mar-2218-Mar-22WoW Chg
NGX ASI47437.4847,282.67-0.33%
NSE-301,820.231,816.79-0.19%
NSE Consumer Goods573.23570.78-0.43%
NSE Banking444.46443.72-0.17%
NSE Insurance193.85188.17-2.93%
NSE Oil and Gas459.92442.11-3.87%
NSE LII3,067.913,071.620.12%
NSE-IND2,114.062,116.940.14%
NSE-ASeM658.99658.990.00%
NSE Pension1,726.441,720.24-0.36%
NSE Premium4,459.764,442.70-0.38%
NSE Main Board2,006.102,000.50-0.28%
NSECG1,341.761,332.40-0.70%
NSEAFRBVI1,096.351,080.97-1.40%
NSEAFRHDYI2,969.302,946.68-0.76%
NSEMERIGRW2,066.112,050.94-0.73%
NSEMERIVAL2,258.172,275.220.76%
NSEGROWTH1,446.501,446.500.00%
Dangote Index142.61142.54-0.05%
Elumelu Index119.35120.390.87%

Source: NSE

The NASD USI closed Negative with -3.26% loss W-o-W

Market CAP closed Negative with -3.26% loss W-o-W

Parameter11-Mar-2218-Mar-22WoW Chg
USI                                734.16                                710.19-3.26%
MKT Capitalization (Bn)                                621.67                                601.38-3.26%
Volume Traded                 5,001,800.00                  4,173,257.00-16.56%
Value Traded (000)               52,499,680.00                   3,525,501.72-93.28%
Deals Executed                                     4.00                                     6.0050.00%

Source: NASD Plc

  • Fixed Income and Bonds

FGN Bonds

as @ Friday, March 18, 2022
DescriptionPriceYieldChange (%)
12.75 27-APR-2023108.824.51-0.02
14.20 14-MAR-2024112.697.23-0.01
13.53 23-MAR-2025112.308.790.00
12.50 22-JAN-2026107.4410.110.00
16.2884 17-MAR-2027123.5810.160.00
13.98 23-FEB-2028116.5310.200.00
14.55 26-APR-2029120.0610.470.00
10.00 23-JUL-203095.8310.760.00
12.1493 18-JUL-2034102.8611.700.00
12.50 27-MAR-2035104.7211.780.00
12.40 18-MAR-2036103.4111.890.00
16.2499 18-APR-2037129.5411.970.00
9.80 24-JUL-204584.8711.700.00
14.80 26-APR-2049115.4812.750.00
12.98 27-MAR-2050101.3612.800.00

Treasury Bills

as @ Friday, March 18, 2022
MaturityDiscountYieldChange (%)
NTB 28-Apr-223.073.080.00
NTB 12-May-223.133.140.00
NTB 9-Jun-221.881.880.00
NTB 14-Jul-222.542.560.00
NTB 11-Aug-223.033.06-0.49
NTB 8-Sep-223.033.07-0.46
NTB 13-Oct-223.523.600.11
NTB 10-Nov-223.924.020.47
NTB 26-Jan-233.803.920.00
NTB 9-Mar-233.874.020.00
OMO 16-Aug-223.243.28-0.37
OMO 21-Feb-234.204.370.00
  • Commodities

Brent crude oil prices moved down by -3.11% W-o-W to $107.63 per barrel.

WTI moved down by -3.94% W-o-W to $104.67 per barrel as of the time of writing this report. (6:58 pm)

Commodity18-Mar-2211-Mar-2231-Dec-21Weekly ChgYTD Chg
Brent107.63111.0878.53-3.11%37.06%
WTI104.67108.9675.89-3.94%37.92%
Gold19291984.31827.5-2.79%5.55%
Silver25.1126.17523.265-4.07%7.93%
Platinum1034.111092.4958-5.34%7.94%
Palladium2501.52769.51883.5-9.68%32.81%
CNBC
  • Forex

The NAFEX closed positive while the IEFX rates closed flat.

FX18-Mar-2211-Mar-22% Chg31-Dec-21YTD Chg
I & E416.5416.50.00%435-4.25%
NAFEX416.83416.560.06%414.450.57%
Source: FMDQ, CBN, Everdon

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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