Market Review and Round-Up of Corporate News Announced During the Week Ending – 250322 – First Ideas Limited

Market Review and Round-Up of Corporate News Announced During the Week Ending – 250322

Key Highlights

  • The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a -0.67% loss WoW while the NASD OTC closed positive with a +1.82% gain.
  • The IEFX closed negative while NAFEX rate closed negative.
  • The Brent Crude Oil price moved upwards at the end of the week while the WTI moved upwards.
  • Equity

NSE                                                                                                 

  • The NGXASI declined by -0.67% W-o-W.
  • On top gainer and loser sector indices, NSEAFRHDYI closed positive with +1.81% while NSEAFRBVI closed negative with -3.91% W-o-W.
  • During the week, the Gote Index inched up by +0.03% while the Toni Index dipped by -8.03% W-o-W.
Market Performance
Sectors18-Mar-2225-Mar-22WoW Chg
NGX ASI47,282.6746,964.23-0.67%
NSE-301,816.791,797.64-1.05%
NSE Consumer Goods570.78564.50-1.10%
NSE Banking443.72440.79-0.66%
NSE Insurance188.17185.53-1.40%
NSE Oil and Gas442.11442.02-0.02%
NSE LII3,071.623,045.16-0.86%
NSE-IND2,116.942,116.52-0.02%
NSE-ASeM658.99658.990.00%
NSE Pension1,720.241,715.58-0.27%
NSE Premium4,442.704,431.88-0.24%
NSE Main Board2,000.501,983.69-0.84%
NSECG1,332.401,299.05-2.50%
NSEAFRBVI1,080.971,038.72-3.91%
NSEAFRHDYI2,946.683,000.061.81%
NSEMERIGRW2,050.942,051.180.01%
NSEMERIVAL2,275.222,225.52-2.18%
NSEGROWTH1,446.501,446.500.00%
Dangote Index142.54142.580.03%
Elumelu Index120.39110.72-8.03%

Source: NSE,


NASD                                  

The NASD USI closed Positive with +1.82% loss W-o-W

Market CAP closed Negative with -0.71% loss W-o-W

Parameter18-Mar-2225-Mar-22WoW Chg
USI                                710.19                                723.121.82%
MKT Capitalization (Bn)                                601.38                                597.13-0.71%
Volume Traded                  4,173,257.00                  5,282,963.0026.59%
Value Traded (000)                   3,525,501.72               75,227,377.502033.81%
Deals Executed                                     6.00                                  10.0066.67%

Source: NASD Plc


  • Fixed Income and Bonds

FGN Bonds

as @ Friday, March 25, 2022
DescriptionPriceYieldChange (%)
12.75 27-APR-2023108.734.45-0.02
14.20 14-MAR-2024111.477.80-0.01
13.53 23-MAR-2025111.399.100.00
12.50 22-JAN-2026107.2610.150.00
16.2884 17-MAR-2027123.0510.260.00
13.98 23-FEB-2028115.3310.440.00
14.55 26-APR-2029118.9810.660.00
10.00 23-JUL-203095.1310.900.00
12.1493 18-JUL-2034103.1111.660.00
12.50 27-MAR-2035104.6411.790.00
12.40 18-MAR-2036102.8111.980.00
16.2499 18-APR-2037128.8112.050.00
13.00 21-JAN-2042102.4212.660.00
9.80 24-JUL-204584.8711.700.00
14.80 26-APR-2049115.1512.790.00
12.98 27-MAR-2050102.6112.64-0.17

Treasury Bills

as @ Friday, March 25, 2022
MaturityDiscountYieldChange (%)
NTB 28-Apr-223.073.080.00
NTB 12-May-223.133.140.00
NTB 9-Jun-221.881.890.00
NTB 14-Jul-222.882.910.00
NTB 11-Aug-223.183.220.00
NTB 8-Sep-223.003.040.00
NTB 13-Oct-223.163.22-0.01
NTB 10-Nov-223.303.370.00
NTB 26-Jan-233.663.780.00
NTB 9-Mar-233.874.020.00
OMO 16-Aug-223.243.280.00
OMO 21-Feb-234.204.370.00
  • Commodities

Brent crude oil prices moved up by +10.74% W-o-W to $119.19 per barrel.

WTI moved down by +7.69% W-o-W to $112.72 per barrel as of the time of writing this report. (6:53 pm)

Commodity25-Mar-2218-Mar-2231-Dec-21Weekly ChgYTD Chg
Brent119.19107.6378.5310.74%51.78%
WTI112.72104.6775.897.69%48.53%
Gold1952.619291827.51.22%6.85%
Silver25.58525.1123.2651.89%9.97%
Platinum10051034.11958-2.81%4.91%
Palladium23842501.51883.5-4.70%26.57%
CNBC
  • Forex

The NAFEX closed positive while the IEFX rates closed flat.

FX25-Mar-2218-Mar-22% Chg31-Dec-21YTD Chg
I & E416416.5-0.12%435-4.37%
NAFEX415.96416.83-0.21%414.450.36%
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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