Market Review and Round-Up of Corporate News Announced During The Week Ending 280220

Proshare

Friday, February 28, 2020 / 05:25 PM / Proshare Markets / Header Image Credit: Proshare

 

Key Highlights

  • The equities market recorded mixed performance - the listed equities market recorded -4.28% loss WoW while the NASD OTC closed flat WoW.
  • The BDC rate closed flat, the CBN rate appreciated while the NAFEX and the IEFX rates depreciated
  • The Brent Crude Oil price moved down at the end of the week while the WTI also declined.

 

1.      Equity

NSE

  • The NSEASI went down by -4.28% WoW.
  • On top gainer and loser sector indices, NSE Industrial Index recorded gain of +1.08% while NSE Banking Index recorded loss of -11.79%.
  • During the week, the Gote Index declined closed flat while the Toni Index declined by -7.86% WoW


Market Performance

Sectors

21-Feb-20

28-Feb-20

WoW Chg

NSE ASI

27,388.62

                          26,216.46

-4.28%

NSE-30

1,204.42

1,148.03

-4.68%

NSE Consumer Goods

476.30

458.03

-3.84%

NSE Banking

357.65

315.50

-11.79%

NSE Insurance

126.71

116.30

-8.22%

NSE Oil and Gas

239.12

234.01

-2.14%

NSE LII

1,885.76

1,866.92

-1.00%

NSE-IND

1,201.64

1,214.60

1.08%

NSE-ASeM

734.99

734.99

0.00%

NSE Pension

1,028.66

983.71

-4.37%

NSE Premium

2,336.11

2,249.86

-3.69%

NSE Main Board

1,082.66

1,029.69

-4.89%

NSECG

1,023.88

934.02

-8.78%

NSEAFRBVI

977.40

866.93

-11.30%

NSEAFRHDYI

1,461.11

1,384.51

-5.24%

NSEMERIGRW

1,260.42

1,191.70

-5.45%

NSEMERIVAL

1,552.22

1,449.91

-6.59%

Dangote Index

89.75

89.75

0.00%

Elumelu Index

90.29

83.19

-7.86%

 

Source: NSE, Proshare Research

 

For more updates on market index performance visit here

 

NASD

The NASD USI closed flat WoW

Market CAP also closed flat WoW


Proshare Nigeria Pvt. Ltd.

Source: NASD Plc

For more updates on the Unlisted OTC market, visit the NASD Page

 

Corporate News for the Week

1.       Notice Of Emergency Board Meeting To Approve The Audited Accounts Of Fidelity Bank Plc

2.      UAC-PROP 2020 Rights Issue: A Hard Way to A New Future

3.      UNIONDAC Notifies of Delay in Filing 2019 Audited Financial Statements

4.      UNIONDAC Notifies of Dealing in 348m Volume of Shares By An Insider

5.      Dangote Cement Plc FY 2019 - Promotional Commitments Yet to Boost Sales

6.      Zenith Bank Q4 2019 Results Review: Compelling Valuation at Current Levels

7.      COURTVILLE Notifies of Dealing in 0.5m Volume of Shares By An Insider

8.     ETI to Hold Board Meeting on Feb 28 2020 to Approve Its 2019 Audited Financial Statements

9.      Dangote Cement Pays N16 per share Dividend; Pan African Sales Volume Grew in 2019

10.  NB to Hold 74th Annual General Meeting on April 22, 2020

11.   ARDOVA Plc Notifies of Board Meeting Resolution

12.  WAPIC Notifies of Dealing in 185.3m Volume of Shares By An Insider

13.  Abbey Strategic Deal With VFD to Facilitate Bank's Growth Plan, Shareholders' Value

14.  OKOMUOIL Notifies of Board Meeting and Closed Period

15.  JBERGER Notifies of Board meeting

16.  SEPLAT Notifies of Closed Period

17.   Sterling Bank Board Approves 2019 Audited Financial Statements; Awaits Regulatory Approval

18.  SEPLAT Notifies of Dealing in 7.93m Volume of Shares By PDMR

19.  UACN Notifies of Dealing in 15.68m Volume of Shares By An Insider

20. ELLAHLAKES Notifies of Board Meeting

 

 

2.     Fixed Income and Bonds

FGN Bonds

as @ Fri Feb 28 2020

Description

Price

Yield

Change (%)

10.746 FGNSB 14-MAR-2020

100.26

4.3

0

13.794 FGNSB 12-APR-2020

101.19

3.85

0

10.75 FGNSB 18-APR-2020

100.95

3.75

0

9.48 FGNSB 16-MAY-2020

101.33

3.29

0

14.189 FGNSB 17-MAY-2020

102.37

3.27

0

10.34 FGNSB 13-JUN-2020

102.06

3.13

-0.01

14.189 FGNSB 14-JUN-2020

103.19

3.13

-0.01

10.483 FGNSB 11-JUL-2020

102.66

3.19

0

14.386 FGNSB 12-JUL-2020

104.11

3.19

0

10.668 FGNSB 15-AUG-2020

103.39

3.27

0.01

14.535 FGNSB 16-AUG-2020

105.2

3.27

0.01

11.364 FGNSB 12-SEP-2020

104.17

3.48

0

14.817 FGNSB 20-SEP-2020

106.17

3.58

0

11.175 FGNSB 10-OCT-2020

104.43

3.85

0.01

13.059 FGNSB 18-OCT-2020

105.7

3.95

0.01

12.390 FGNSB 14-NOV-2020

105.64

4.29

0.01

13.091 FGNSB 15-NOV-2020

106.14

4.31

0.01

12.402 FGNSB 12-DEC-2020

105.93

4.66

0.02

12.738 FGNSB 13-DEC-2020

106.2

4.68

0.02

12.125 FGNSB 16-JAN-2021

106.01

5.11

0.02

12.098 FGNSB 17-JAN-2021

105.99

5.12

0.02

12.050 FGNSB 13-FEB-2021

106.11

5.46

0.03

11.277 FGNSB 14-FEB-2021

105.39

5.48

0.03

11.620 FGNSB 13-MAR-2021

105.89

5.73

0.07

11.746 FGNSB 14-MAR-2021

106.03

5.73

0.07

11.276 FGNSB 10-APR-2021

105.81

5.85

0.11

11.75 FGNSB 18-APR-2021

106.4

5.89

0.12

11.745 FGNSB 15-MAY-2021

106.66

6.01

0.17

10.48 FGNSB 16-MAY-2021

105.19

6.02

0.17

11.34 FGNSB 13-JUN-2021

106.39

6.14

0.21

11.418 FGNSB 19-JUN-2021

106.53

6.17

0.22

11.195 FGNSB 10-JUL-2021

106.4

6.26

0.26

11.483 FGNSB 11-JUL-2021

106.78

6.27

0.26

14.50 15-JUL-2021

110.44

6.45

0.36

11.668 FGNSB 15-AUG-2021

107.27

6.42

0.32

10.301 FGNSB 16-AUG-2021

105.38

6.43

0.32

11.150 FGNSB 11-SEP-2021

106.74

6.49

0.33

12.364 FGNSB 12-SEP-2021

108.51

6.5

0.33

12.175 FGNSB 10-OCT-2021

108.6

6.52

0.31

11.244 FGNSB 16-OCT-2021

107.25

6.52

0.31

10.296 FGNSB 13-NOV-2021

106.02

6.54

0.3

13.390 FGNSB 14-NOV-2021

110.99

6.54

0.3

9.091 FGNSB 11-DEC-2021

104.22

6.56

0.28

13.402 FGNSB 12-DEC-2021

111.43

6.57

0.28

7.144 FGNSB 15-JAN-2022

100.97

6.59

0.26

13.125 FGNSB 16-JAN-2022

111.47

6.59

0.26

16.39 27-JAN-2022

117.3

6.6

0.25

13.050 FGNSB 13-FEB-2022

111.73

6.61

0.24

12.620 FGNSB 13-MAR-2022

111.32

6.64

0.23

12.276 FGNSB 10-APR-2022

110.99

6.66

0.21

12.745 FGNSB 15-MAY-2022

112.37

6.69

0.19

12.418 FGNSB 19-JUN-2022

112.09

6.71

0.17

12.195 FGNSB 10-JUL-2022

111.86

6.73

0.16

11.301 FGNSB 16-AUG-2022

110.24

6.76

0.14

12.150 FGNSB 11-SEP-2022

112.41

6.78

0.12

12.244 FGNSB 16-OCT-2022

113

6.8

0.1

11.296 FGNSB 13-NOV-2022

110.97

6.83

0.09

10.091 FGNSB 11-DEC-2022

108.15

6.85

0.07

13.48 FGNGB 22-DEC-2022

116.67

6.86

0.07

8.144 FGNSB 15-JAN-2023

103.29

6.87

0.05

12.75 27-APR-2023

116.18

6.95

0

14.20 14-MAR-2024

123.5

7.37

0.02

13.53 23-MAR-2025

127.5

6.99

0

14.50 FGNGB 13-JAN-2026

127.05

8.54

0

12.50 22-JAN-2026

117.45

8.66

0

16.2884 17-MAR-2027

131.63

9.94

0

13.98 23-FEB-2028

121.83

9.95

-0.19

15.00 28-NOV-2028

128.82

9.98

-0.06

14.55 26-APR-2029

126.92

9.99

0

12.49 22-MAY-2029

114.76

10

-0.01

8.50 20-NOV-2029

90.61

10.03

0

10.00 23-JUL-2030

99.49

10.08

0

12.1493 18-JUL-2034

113.17

10.36

0

12.40 18-MAR-2036

112.65

10.73

0.51

16.2499 18-APR-2037

144

10.62

-0.13

 

Treasury Bills

as @ Fri Feb 28 2020

Maturity

Discount

Yield

Change (%)

NTB 12-Mar-20

4

4.01

0

NTB 2-Apr-20

3.96

3.98

0

NTB 16-Apr-20

3.94

3.96

0

NTB 30-Apr-20

2.55

2.56

0

NTB 11-Jun-20

2.85

2.87

0

NTB 2-Jul-20

3

3.03

0

NTB 16-Jul-20

3

3.03

0

NTB 30-Jul-20

3.08

3.12

0

NTB 27-Aug-20

3.23

3.28

0

NTB 10-Sep-20

3.54

3.61

0

NTB 17-Sep-20

3.69

3.77

0

NTB 1-Oct-20

4

4.1

0

NTB 15-Oct-20

4.42

4.54

0

NTB 29-Oct-20

4.51

4.65

0

NTB 12-Nov-20

4.6

4.75

0

NTB 26-Nov-20

4.69

4.86

0

NTB 14-Jan-21

5.01

5.24

0

NTB 28-Jan-21

5.01

5.25

0.23

NTB 11-Feb-21

5.35

5.63

0

OMO 12-Mar-20

9.39

9.42

0

OMO 19-Mar-20

9.35

9.39

0

OMO 26-Mar-20

9.31

9.37

0

OMO 2-Apr-20

9

9.08

-0.27

OMO 9-Apr-20

9

9.09

-0.51

OMO 16-Apr-20

9

9.11

0

OMO 23-Apr-20

9.48

9.61

0

OMO 14-May-20

9.77

9.97

0

OMO 28-May-20

8.45

8.63

0

OMO 4-Jun-20

11

11.33

-0.06

OMO 18-Jun-20

10.28

10.61

0

OMO 2-Jul-20

9.99

10.34

0

OMO 16-Jul-20

9.69

10.06

0

OMO 13-Aug-20

10.98

11.56

0

OMO 20-Aug-20

10.69

11.26

0

OMO 27-Aug-20

10.64

11.23

0

OMO 3-Sep-20

11.5

12.22

0.63

OMO 10-Sep-20

10.89

11.56

0

OMO 17-Sep-20

10.73

11.41

0

OMO 24-Sep-20

11.04

11.79

0

OMO 1-Oct-20

11

11.77

0

OMO 8-Oct-20

10.88

11.65

0

OMO 15-Oct-20

10.82

11.61

-0.27

OMO 22-Oct-20

10.96

11.8

0

OMO 27-Oct-20

10.97

11.83

0

OMO 3-Nov-20

10.83

11.69

0

OMO 10-Nov-20

10.78

11.67

0

OMO 17-Nov-20

10.66

11.55

0

OMO 1-Dec-20

11.03

12.03

0

OMO 8-Dec-20

10.91

11.92

0

OMO 15-Dec-20

11.43

12.58

0.52

OMO 22-Dec-20

11.12

12.23

0.16

OMO 29-Dec-20

10.99

12.1

0

OMO 5-Jan-21

11.58

12.86

0.18

OMO 12-Jan-21

11.3

12.54

0

OMO 19-Jan-21

11.25

12.51

0

OMO 26-Jan-21

13.09

14.87

-0.01

OMO 2-Feb-21

13.05

14.86

-0.01

OMO 9-Feb-21

11.15

12.47

-0.11

OMO 16-Feb-21

11.25

12.63

0

 

Bonds and Fixed Income News

A.   OMO AUCTION: CBN Drops Rate Across all Tenors, with the 362-DTM Closing at 13.00%

B.   Another Positive Outcome for the DMO At the February 2020 Auction

C.   The Bulls Still Out in the T-Bills Market as DMO Drops Rates

D.  DMO Request for EOI for the Appointment of the Transaction Parties for the Issuance of FGN Eurobonds

E.   Treasury Bill Auction Holds On Wednesday Feb 26th, 2020

F.   Coronation Merchant Bank Commercial Paper Issuance Series V and VI Now Open

G.  Anchoria Fixed Income Monitor: CBN Regulates Customer's Deposit in Domiciliary Account

H. NT-Bills Average Yield Up 7bps WoW to 3.9%; Coronation MB CP Available

I.   OMO Yields Drop Further in the T-Bills Market as the Long-dated Maturities Trade below 12% Levels

 

3.     Commodities

Brent crude oil prices moved down by -13.44% WoW to $50.24 per barrel

WTI down by +-16.47% WoW to $44.28 per barrel as at the time of writing this report. (5:00pm)



Proshare Nigeria Pvt. Ltd.


Source: Bloomberg, TheAnalyst

 

Agric Commodities

Proshare Nigeria Pvt. Ltd.


Source: AFEX, Proshare

 

Click to visit the AFEX Page on Proshare.

 

 

4.    Forex

The BDC rate closed flat, the CBN rate appreciated while the NAFEX and the IEFX rates depreciated



Proshare Nigeria Pvt. Ltd.



5.     Mutual Funds

For reports on Mutual Funds, Kindly click here for updates from Fund Managers Association of Nigeria.


 

Proshare Nigeria Pvt. Ltd.

 

 

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