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
Sectors	11-Mar-22	18-Mar-22	WoW Chg
NGX ASI	47437.48	47,282.67	-0.33%
NSE-30	1,820.23	1,816.79	-0.19%
NSE Consumer Goods	573.23	570.78	-0.43%
NSE Banking	444.46	443.72	-0.17%
NSE Insurance	193.85	188.17	-2.93%
NSE Oil and Gas	459.92	442.11	-3.87%
NSE LII	3,067.91	3,071.62	0.12%
NSE-IND	2,114.06	2,116.94	0.14%
NSE-ASeM	658.99	658.99	0.00%
NSE Pension	1,726.44	1,720.24	-0.36%
NSE Premium	4,459.76	4,442.70	-0.38%
NSE Main Board	2,006.10	2,000.50	-0.28%
NSECG	1,341.76	1,332.40	-0.70%
NSEAFRBVI	1,096.35	1,080.97	-1.40%
NSEAFRHDYI	2,969.30	2,946.68	-0.76%
NSEMERIGRW	2,066.11	2,050.94	-0.73%
NSEMERIVAL	2,258.17	2,275.22	0.76%
NSEGROWTH	1,446.50	1,446.50	0.00%
Dangote Index	142.61	142.54	-0.05%
Elumelu Index	119.35	120.39	0.87%

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

Parameter	11-Mar-22	18-Mar-22	WoW 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	6.00	50.00%

Source: NASD Plc

• Fixed Income and Bonds

FGN Bonds

as @ Friday, March 18, 2022
Description	Price	Yield	Change (%)
12.75 27-APR-2023	108.82	4.51	-0.02
14.20 14-MAR-2024	112.69	7.23	-0.01
13.53 23-MAR-2025	112.30	8.79	0.00
12.50 22-JAN-2026	107.44	10.11	0.00
16.2884 17-MAR-2027	123.58	10.16	0.00
13.98 23-FEB-2028	116.53	10.20	0.00
14.55 26-APR-2029	120.06	10.47	0.00
10.00 23-JUL-2030	95.83	10.76	0.00
12.1493 18-JUL-2034	102.86	11.70	0.00
12.50 27-MAR-2035	104.72	11.78	0.00
12.40 18-MAR-2036	103.41	11.89	0.00
16.2499 18-APR-2037	129.54	11.97	0.00
9.80 24-JUL-2045	84.87	11.70	0.00
14.80 26-APR-2049	115.48	12.75	0.00
12.98 27-MAR-2050	101.36	12.80	0.00

Treasury Bills

as @ Friday, March 18, 2022
Maturity	Discount	Yield	Change (%)
NTB 28-Apr-22	3.07	3.08	0.00
NTB 12-May-22	3.13	3.14	0.00
NTB 9-Jun-22	1.88	1.88	0.00
NTB 14-Jul-22	2.54	2.56	0.00
NTB 11-Aug-22	3.03	3.06	-0.49
NTB 8-Sep-22	3.03	3.07	-0.46
NTB 13-Oct-22	3.52	3.60	0.11
NTB 10-Nov-22	3.92	4.02	0.47
NTB 26-Jan-23	3.80	3.92	0.00
NTB 9-Mar-23	3.87	4.02	0.00
OMO 16-Aug-22	3.24	3.28	-0.37
OMO 21-Feb-23	4.20	4.37	0.00

• 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)

Commodity	18-Mar-22	11-Mar-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	107.63	111.08	78.53	-3.11%	37.06%
WTI	104.67	108.96	75.89	-3.94%	37.92%
Gold	1929	1984.3	1827.5	-2.79%	5.55%
Silver	25.11	26.175	23.265	-4.07%	7.93%
Platinum	1034.11	1092.4	958	-5.34%	7.94%
Palladium	2501.5	2769.5	1883.5	-9.68%	32.81%
CNBC

• Forex

The NAFEX closed positive while the IEFX rates closed flat.

FX	18-Mar-22	11-Mar-22	% Chg	31-Dec-21	YTD Chg
I & E	416.5	416.5	0.00%	435	-4.25%
NAFEX	416.83	416.56	0.06%	414.45	0.57%
Source: FMDQ, CBN, Everdon