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
Sectors	18-Mar-22	25-Mar-22	WoW Chg
NGX ASI	47,282.67	46,964.23	-0.67%
NSE-30	1,816.79	1,797.64	-1.05%
NSE Consumer Goods	570.78	564.50	-1.10%
NSE Banking	443.72	440.79	-0.66%
NSE Insurance	188.17	185.53	-1.40%
NSE Oil and Gas	442.11	442.02	-0.02%
NSE LII	3,071.62	3,045.16	-0.86%
NSE-IND	2,116.94	2,116.52	-0.02%
NSE-ASeM	658.99	658.99	0.00%
NSE Pension	1,720.24	1,715.58	-0.27%
NSE Premium	4,442.70	4,431.88	-0.24%
NSE Main Board	2,000.50	1,983.69	-0.84%
NSECG	1,332.40	1,299.05	-2.50%
NSEAFRBVI	1,080.97	1,038.72	-3.91%
NSEAFRHDYI	2,946.68	3,000.06	1.81%
NSEMERIGRW	2,050.94	2,051.18	0.01%
NSEMERIVAL	2,275.22	2,225.52	-2.18%
NSEGROWTH	1,446.50	1,446.50	0.00%
Dangote Index	142.54	142.58	0.03%
Elumelu Index	120.39	110.72	-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

Parameter	18-Mar-22	25-Mar-22	WoW Chg
USI	710.19	723.12	1.82%
MKT Capitalization (Bn)	601.38	597.13	-0.71%
Volume Traded	4,173,257.00	5,282,963.00	26.59%
Value Traded (000)	3,525,501.72	75,227,377.50	2033.81%
Deals Executed	6.00	10.00	66.67%

Source: NASD Plc

• 
  Fixed Income and Bonds

FGN Bonds

as @ Friday, March 25, 2022
Description	Price	Yield	Change (%)
12.75 27-APR-2023	108.73	4.45	-0.02
14.20 14-MAR-2024	111.47	7.80	-0.01
13.53 23-MAR-2025	111.39	9.10	0.00
12.50 22-JAN-2026	107.26	10.15	0.00
16.2884 17-MAR-2027	123.05	10.26	0.00
13.98 23-FEB-2028	115.33	10.44	0.00
14.55 26-APR-2029	118.98	10.66	0.00
10.00 23-JUL-2030	95.13	10.90	0.00
12.1493 18-JUL-2034	103.11	11.66	0.00
12.50 27-MAR-2035	104.64	11.79	0.00
12.40 18-MAR-2036	102.81	11.98	0.00
16.2499 18-APR-2037	128.81	12.05	0.00
13.00 21-JAN-2042	102.42	12.66	0.00
9.80 24-JUL-2045	84.87	11.70	0.00
14.80 26-APR-2049	115.15	12.79	0.00
12.98 27-MAR-2050	102.61	12.64	-0.17

Treasury Bills

as @ Friday, March 25, 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	1.89	0.00
NTB 14-Jul-22	2.88	2.91	0.00
NTB 11-Aug-22	3.18	3.22	0.00
NTB 8-Sep-22	3.00	3.04	0.00
NTB 13-Oct-22	3.16	3.22	-0.01
NTB 10-Nov-22	3.30	3.37	0.00
NTB 26-Jan-23	3.66	3.78	0.00
NTB 9-Mar-23	3.87	4.02	0.00
OMO 16-Aug-22	3.24	3.28	0.00
OMO 21-Feb-23	4.20	4.37	0.00

• 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)

Commodity	25-Mar-22	18-Mar-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	119.19	107.63	78.53	10.74%	51.78%
WTI	112.72	104.67	75.89	7.69%	48.53%
Gold	1952.6	1929	1827.5	1.22%	6.85%
Silver	25.585	25.11	23.265	1.89%	9.97%
Platinum	1005	1034.11	958	-2.81%	4.91%
Palladium	2384	2501.5	1883.5	-4.70%	26.57%
CNBC

• Forex

The NAFEX closed positive while the IEFX rates closed flat.

FX	25-Mar-22	18-Mar-22	% Chg	31-Dec-21	YTD Chg
I & E	416	416.5	-0.12%	435	-4.37%
NAFEX	415.96	416.83	-0.21%	414.45	0.36%
Source: FMDQ, CBN, Everdon