market review and round- up of corporate news for the week

Market Review and Round-Up of Corporate News Announced During the Week Ending – 220422

Key Highlights

• The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a +2.00% gain WoW while the NASD OTC closed negative with a -1.66% loss
• The IEFX and NAFEX rate closed Positive.
• The Brent Crude Oil price moved downwards at the end of the week and the WTI moved downwards.

1. Equity

NSE                                                                                                 

• The NGXASI inched up by +2.00% W-o-W.
• On top gainer and loser sector indices, NSE Oil and Gas closed positive with +6.36% while NSE Insurance closed negative with -0.05% W-o-W.
• During the week, the Gote Index closed positive by +1.87% while the Toni Index declined by -0.34% W-o-W.

Market Performance
Sectors	14-Apr-22	22-Apr-22	WoW Chg
NGX ASI	47,510.38	48,459.65	2.00%
NSE-30	1,819.84	1,847.20	1.50%
NSE Consumer Goods	562.60	581.22	3.31%
NSE Banking	438.78	441.42	0.60%
NSE Insurance	186.76	186.66	-0.05%
NSE Oil and Gas	447.37	475.84	6.36%
NSE LII	3,101.96	3,126.67	0.80%
NSE-IND	2,138.84	2,174.20	1.65%
NSE-ASeM	658.99	658.99	0.00%
NSE Pension	1,767.58	1,803.84	2.05%
NSE Premium	4,647.23	4,722.54	1.62%
NSE Main Board	1,986.48	2,036.41	2.51%
NSECG	1,319.85	1,338.99	1.45%
NSEAFRBVI	1,045.80	1,045.81	0.00%
NSEAFRHDYI	3,079.85	3,241.62	5.25%
NSEMERIGRW	2,105.62	2,161.88	2.67%
NSEMERIVAL	2,254.18	2,313.78	2.64%
NSEGROWTH	1,446.50	1,446.50	0.00%
Dangote Index	145.67	148.39	1.87%
Elumelu Index	115.34	114.95	-0.34%

Source: NSE

NASD                                  

The NASD USI closed negative with -1.66% loss W-o-W

Market CAP closed negative with -1.66% loss W-o-W

Parameter	14-Apr-22	22-Apr-22	WoW Chg
USI	780.25	767.28	-1.66%
MKT Capitalization (Bn)	1,025.93	1,008.88	-1.66%
Volume Traded	1,225,585.00	10,067,170.00	721.42%
Value Traded (000)	18,471,569.00	20,026,040.00	8.42%
Deals Executed	14.00	17.00	21.43%

Source: NASD Plc

• Fixed Income and Bonds

FGN Bonds

as @ Thursday, April 21, 2022
Description	Price	Yield	Change (%)
12.75 27-APR-2023	107.62	4.97	-0.02
14.20 14-MAR-2024	111.64	7.49	-0.01
13.53 23-MAR-2025	110.84	9.21	0.09
12.50 22-JAN-2026	105.46	10.68	0.00
16.2884 17-MAR-2027	120.08	10.89	0.00
13.98 23-FEB-2028	112.32	11.05	0.00
14.55 26-APR-2029	115.67	11.26	0.00
10.00 23-JUL-2030	92.21	11.48	0.00
12.1493 18-JUL-2034	99.76	12.18	0.00
12.50 27-MAR-2035	101.33	12.29	0.00
12.40 18-MAR-2036	100.63	12.30	0.00
16.2499 18-APR-2037	127.17	12.25	0.00
13.00 21-JAN-2042	100.58	12.91	-0.08
9.80 24-JUL-2045	84.02	11.83	0.00
14.80 26-APR-2049	114.76	12.84	0.00
12.98 27-MAR-2050	101.00	12.84	0.00

Treasury Bills

as @ Thusday, April 21, 2022
Maturity	Discount	Yield	Change (%)
NTB 28-Apr-22	28,100	28,100	0.00
NTB 12-May-22	28,900	28,900	0.00
NTB 9-Jun-22	30,400	30,500	0.00
NTB 14-Jul-22	32,300	32,500	0.00
NTB 11-Aug-22	35,000	35,400	0.16
NTB 8-Sep-22	35,600	36,100	0.11
NTB 13-Oct-22	36,300	36,900	0.05
NTB 10-Nov-22	36,800	37,600	0.00
NTB 26-Jan-23	43,000	44,500	0.41
NTB 9-Mar-23	45,200	47,100	0.05
OMO 31-May-22	30,500	30,600	0.00
OMO 16-Aug-22	35,000	35,400	0.26
OMO 4-Oct-22	37,200	37,900	0.19
OMO 21-Feb-23	42,500	44,100	0.00
OMO 7-Mar-23	41,000	42,500	0.00

• Commodities

Brent crude oil prices moved down by -2.39% W-o-W to $106.66 per barrel

WTI moved down by -2.16% W-o-W to $102.29 per barrel as at the time of writing this report. (06:01pm)

Commodity	22-Apr-22	14-Apr-22	31-Dec-21	Weekly Chg	YTD Chg
Brent	106.66	109.27	78.53	-2.39%	35.82%
WTI	102.29	104.55	75.89	-2.16%	34.79%
Gold	1936.8	1972.3	1827.5	-1.80%	5.98%
Silver	24.29	25.595	23.265	-5.10%	4.41%
Platinum	928.1	987.5	958	-6.02%	-3.12%
Palladium	2379.5	2338	1883.5	1.78%	26.33%
CNBC

• Forex

The NAFEX closed negative while the IEFX rates closed positive.

FX	22-Apr-22	14-Apr-22	% Chg	31-Dec-21	YTD Chg
I & E	419.5	417.5	0.48%	435	-3.56%
NAFEX	416.62	415.65	0.23%	414.45	0.52%
Source: FMDQ, CBN, Everdon