Market Review and Round-Up of Corporate News Announced During the Week Ending – 080422 – First Ideas Limited

Market Review and Round-Up of Corporate News Announced During the Week Ending – 080422

Key Highlights

  • The equities market recorded Mixed performance – the listed equities market, NGXASI, recorded a -0.45% loss WoW while the NASD OTC closed positive with +1.98% gain.
  • The IEFX closed positive and the NAFEX rate closed positive.
  • The Brent Crude Oil price moved downwards at the end of the week and the WTI Price moved downwards 
  • Equity

NSE                                                                                                 

  • The NGXASI declined by -0.45% W-o-W.
  • On top gainer and loser sector indices, NSEAFRBVI closed positive with +3.25% while NSE LII closed negative with -1.40% W-o-W.
  • During the week, the Gote Index dipped by -0.13% while the Toni Index inched up by +2.00% W-o-W.
Market Performance
Sectors01-Apr-2208-Apr-22WoW Chg
NGX ASI46,842.8646,631.46-0.45%
NSE-301,784.111,776.45-0.43%
NSE Consumer Goods554.14552.18-0.35%
NSE Banking409.38415.561.51%
NSE Insurance185.03184.65-0.21%
NSE Oil and Gas426.94440.353.14%
NSE LII3,087.133,043.85-1.40%
NSE-IND2,115.102,106.19-0.42%
NSE-ASeM658.99658.990.00%
NSE Pension1,693.171,707.840.87%
NSE Premium4,490.074,503.090.29%
NSE Main Board1,964.951,971.310.32%
NSECG1,268.371,273.840.43%
NSEAFRBVI959.91991.133.25%
NSEAFRHDYI2,939.222,977.541.30%
NSEMERIGRW2,006.642,042.581.79%
NSEMERIVAL2,135.452,140.420.23%
NSEGROWTH1,446.501,446.500.00%
Dangote Index142.49142.30-0.13%
Elumelu Index109.74111.942.00%

Source: NSE


NASD                                  

The NASD USI closed Positive with +1.98% gain W-o-W

Market CAP closed Positive with +1.98% gain W-o-W

Parameter01-Apr-2208-Apr-22WoW Chg
USI                                724.49                                738.871.98%
MKT Capitalization (Bn)                                952.62                                971.521.98%
Volume Traded                 3,290,000.00                   1,012,164.00-69.24%
Value Traded (000)                      263,200.00                54,896,178.1020757.21%
Deals Executed                                     1.00                                  28.002700.00%

Source: NASD Plc

  • Fixed Income and Bonds

FGN Bonds

as @ Thursday, April 07, 2022
DescriptionPriceYieldChange (%)
12.75 27-APR-2023107.934.94-0.02
14.20 14-MAR-2024112.187.33-0.01
13.53 23-MAR-2025111.878.880.00
12.50 22-JAN-2026107.2410.140.00
16.2884 17-MAR-2027122.0810.450.00
13.98 23-FEB-2028114.2110.660.00
14.55 26-APR-2029117.5410.920.00
10.00 23-JUL-203093.6411.190.00
12.1493 18-JUL-2034100.4712.070.00
12.50 27-MAR-2035102.1912.16-0.06
12.40 18-MAR-2036100.4712.330.00
16.2499 18-APR-2037125.9012.410.00
13.00 21-JAN-2042101.7412.750.00
9.80 24-JUL-204584.1911.800.00
14.80 26-APR-2049114.7612.840.00
12.98 27-MAR-2050101.0012.850.00

Treasury Bills

as @ Thursday, April 07, 2022
MaturityDiscountYieldChange (%)
NTB 28-Apr-2230,70030,7000.00
NTB 12-May-2231,30031,3000.00
NTB 9-Jun-2218,80018,8000.00
NTB 14-Jul-2228,80029,0000.00
NTB 11-Aug-2231,80032,2000.00
NTB 8-Sep-2230,00030,4000.00
NTB 13-Oct-2231,60032,2000.00
NTB 10-Nov-2236,10036,9000.33
NTB 26-Jan-2339,60041,0000.07
NTB 9-Mar-2342,50044,200-0.05
OMO 31-May-2230,00030,1000.00
OMO 16-Aug-2232,40032,8000.00
OMO 4-Oct-2233,90034,5000.00
OMO 21-Feb-2342,00043,6000.00
  • Commodities

Brent crude oil prices moved down by -2.96% W-o-W to $101.32 per barrel.

WTI moved down by -2.53% W-o-W to $96.9 per barrel as of the time of writing this report. (5.32 pm)

Commodity08-Apr-2201-Apr-2231-Dec-21Weekly ChgYTD Chg
Brent101.32104.4178.53-2.96%29.02%
WTI96.999.4275.89-2.53%27.68%
Gold1946.61928.81827.50.92%6.52%
Silver24.8124.8623.265-0.20%6.64%
Platinum975.5991.1958-1.57%1.83%
Palladium24262289.51883.55.96%28.80%
CNBC
  • Forex

The NAFEX closed positive and the IEFX rates closed positive.

FX08-Apr-2201-Apr-22% Chg31-Dec-21YTD Chg
I & E416.67416.170.12%435-4.21%
NAFEX416.34416.090.06%414.450.46%
Source: FMDQ, CBN, Everdon

Corporate Earnings Results for the Week Ended 080422

Consolidated Hallmark Insurance Plc Declares N790.64m PAT in 2021 Audited Result;(SP:N0.64K)

Consolidated Hallmark Insurance Plc released its 2021 Audited results for the period ended December 31st, 2021.

Key Highlights

  • Gross Premium Written grew by 7.4% from N9.78bn to N10.5bn
  • Profit before tax stood at N972m
  • Profit after tax stood at N790.64
  • Share Price Currently Stands at N0.64k

12  MONTHS AUDITED REPORT FOR THE PERIOD ENDED 31 DEC

 2021 N’m2020 N’m% Change
 DECDEC 
Gross Premium Written10,5009,7767.4%
PBT97277325.8%
Taxation(181.037)(94.582)91.4%
PAT790.638677.98316.6%
Bsic EPS8.526.9023.5%
                             Balance Sheet Information
Net Asset9,0128,322`8.3%

UAC of Nigeria Plc Declares N2.59bn PAT in 2021 Audited Results, Proposes 65K Final Dividend

UAC of Nigeria Plc released its 2021 Audited results for the period ended December 31st, 2021.

Key Highlights

  • Revenue grew by 24.61% from N81.36bn to N101.38bn
  • Profit before tax stood at N4.11bn
  • Profit after tax stood at N2.59bn
  • Share Price Currently Stands at N10.50k

12  MONTHS AUDITED REPORT FOR THE PERIOD ENDED 31 DEC

 2021 N’m2020 N’m% Change
 DECDEC 
Revenue101,37781,35824.61%
PBT4,1085,085-19.21%
Taxation(1,519)(1,697)-10.49%
PAT2,5874,070-36.44
Basic EPS(N)639023.5%
                             Balance Sheet Information
Net Asset50,83860,676-16.2%

Corporate Declaration

Proposed Dividend                         N0.65k                 

Payment Date                                   23-06-22

Closure Date                                      8-14-06-22

Agm Date                                            22-06-22

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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