Market Review and Round-Up of Corporate News Announced During The Week Ending 070918

Proshare

Friday, September 07, 2018 / 05:30 PM / Proshare Markets 

 

Key Highlights

  • The equities market recorded mixed performance – the listed equities market recorded -2.33% loss WoW while the NASD OTC also went up by +2.83% WoW.
  • The NAFEX rate appreciated while the IEFX, BDC and the CBN rate depreciated during the week.
  • The Brent Crude Oil price moved down at the end of the week while the WTI also went down.

 

1.      Equity

NSE

  • The NSEASI went down by -2.33% WoW.
  • NSE ASeM Index closed flat while NSE Oil and gas Index recorded the highest drop by -3.68%.

Market Performance

Sectors

31-Aug-18

07-Sep-18

WoW Chg

NSE ASI

      34,848.45

     34,037.91

-2.33%

NSE-30

         1,561.37

        1,520.07

-2.65%

NSE Food and Beverages

            820.35

            797.81

-2.75%

NSE Banking

            418.50

            408.65

-2.35%

NSE Insurance

             138.83

            138.74

-0.06%

NSE Oil and Gas

            298.24

            287.25

-3.68%

NSE LII

2,450.55

2,428.11

-0.92%

NSE-IND

1,667.55

1,636.56

-1.86%

NSE-ASeM

809.92

809.92

0.00%

NSE Pension

1,284.29

1,256.30

-2.18%

NSE Premium

2,527.13

2,472.51

-2.16%

NSE Main Board

1,539.52

1,501.46

-2.47%

NSECG

1,349.42

1,317.37

-2.38%

Source: NSE, Proshare Research

 

For more updates on market index performance visit here

 

NASD

The NASD USI moved up by +2.83% WoW

Market CAP also moved up by +2.83% WoW

The unlisted OTC market recorded -86.65% growth in Volume Traded and -58.47% growth in Value.

 

Parameter

07-Sep-18

31-Aug-18

Chg

USI

712.76

693.14

2.83%

MKT Capitalization (Bn)

482.35

469.07

2.83%

Volume Traded

         356,550

     2,671,260

-86.65%

Value Traded (000)

      14,601.90

     35,156.77

-58.47%

Deals Executed

12

8

50.00%

 

Source: NASD Plc

 

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

 

Corporate News and Results for the Week

a)     Surrender of Venture Capital Licence by Stanbic IBTC Ventures Limited

b)     Stanbic IBTC Holdings Plc Issues An Update on Scrip Dividend Option

c)      CBN Debits the Account of Stanbic IBTC Bank In Respect of N1.886bn Regulatory Fine

d)     UNIVINSURE Announces Resolutions of the Board Meeting Held 30th August 2018

e)     TRIPPLEG to Hold its 28th AGM on Thursday, 13th September 2018

f)       One Week After CBN Fines –MTN Share Price Drops by 31.06%; DIAMONDBNK and STANBIC Also Drop

g)     Presco Q2 2018 Results Review: Maintaining Neutral Rating

h)    SOVRENINS Announces 23rd Annual General Meetings

i)       Lafarge Africa Loan Restructuring - Silver Lining Or Same Old Story

j)       REDSTAREX Announces AGM Resolution

k)     Forte Oil Plc: Will Planned Divestment Unlock Value?

l)       UBA Extends Closure Date On Its 2018 Interim Dividend of N0.20k

 

 

2.       Fixed Income and Bonds

FGN Bonds

as @ Fri Sep 07 2018

Description

Price

Yield

Change (%)

13.01 FGNSB 22-MAR-2019

99.84

13.31

0.45

12.794 FGNSB 12-APR-2019

99.66

13.38

0.43

13.189 FGNSB 17-MAY-2019

99.79

13.49

0.4

13.189 FGNSB 14-JUN-2019

99.72

13.58

0.38

16.00 29-JUN-2019

101.78

13.63

0.36

13.386 FGNSB 12-JUL-2019

99.76

13.67

0.35

13.535 FGNSB 16-AUG-2019

99.78

13.78

0.32

13.817 FGNSB 20-SEP-2019

99.9

13.92

0.29

12.059 FGNSB 18-OCT-2019

97.96

14.06

0.27

7.00 23-OCT-2019

92.83

14.09

0.26

12.091 FGNSB 15-NOV-2019

97.72

14.2

0.25

11.738 FGNSB 13-DEC-2019

97.03

14.34

0.22

12.098 FGNSB 17-JAN-2020

97.05

14.52

0.2

15.54 13-FEB-2020

100.94

14.76

0.14

10.277 FGNSB 14-FEB-2020

94.42

14.65

0.18

10.746 FGNSB 14-MAR-2020

94.6

14.78

0.17

13.794 FGNSB 12-APR-2020

98.59

14.79

0.2

10.75 FGNSB 18-APR-2020

94.29

14.79

0.21

9.48 FGNSB 16-MAY-2020

92.16

14.8

0.24

14.189 FGNSB 17-MAY-2020

99.08

14.8

0.24

10.34 FGNSB 13-JUN-2020

93.15

14.82

0.27

14.189 FGNSB 14-JUN-2020

99.03

14.82

0.27

10.483 FGNSB 11-JUL-2020

93.09

14.83

0.29

14.386 FGNSB 12-JUL-2020

99.28

14.83

0.3

14.535 FGNSB 16-AUG-2020

99.48

14.84

0.33

14.817 FGNSB 20-SEP-2020

99.92

14.86

0.37

13.059 FGNSB 18-OCT-2020

96.75

14.87

0.4

13.091 FGNSB 15-NOV-2020

96.69

14.88

0.43

12.738 FGNSB 13-DEC-2020

95.91

14.9

0.45

13.098 FGNSB 17-JAN-2021

96.43

14.91

0.49

11.277 FGNSB 14-FEB-2021

92.66

14.92

0.52

11.746 FGNSB 14-MAR-2021

93.4

14.94

0.55

11.75 FGNSB 18-APR-2021

93.17

14.95

0.59

10.48 FGNSB 16-MAY-2021

90.21

14.97

0.62

11.34 FGNSB 13-JUN-2021

91.88

14.98

0.64

11.483 FGNSB 11-JUL-2021

91.99

14.99

0.67

14.50 15-JUL-2021

98.01

15.36

0.38

16.39 27-JAN-2022

103.33

15.08

0.88

13.48 FGNGB 22-DEC-2022

95.02

15.08

0.51

12.75 27-APR-2023

92.37

15.08

0.36

14.20 14-MAR-2024

96.76

15.08

0

13.53 23-MAR-2025

93.29

15.18

0.03

12.50 22-JAN-2026

88

15.26

0.06

16.2884 17-MAR-2027

105.07

15.2

0

13.98 23-FEB-2028

93.35

15.33

0.23

15.00 28-NOV-2028

98.5

15.28

0.04

12.49 22-MAY-2029

85.43

15.29

0.04

8.50 20-NOV-2029

64.08

15.29

0.04

10.00 23-JUL-2030

71.35

15.3

0.03

12.1493 18-JUL-2034

81.19

15.33

0.01

12.40 18-MAR-2036

82.55

15.28

0

16.2499 18-APR-2037

106

15.26

0

16.2499 18-APR-2037

107.26

15.07

0

16.2499 18-APR-2037

113.5

14.17

0

Source: FMDQ

 

Treasury Bills

as @ Fri Sep 07 2018

Maturity

Discount

Yield

Change (%)

NTB 20-Sep-18

9.27

9.3

0

NTB 27-Sep-18

6.47

6.49

0

NTB 4-Oct-18

11.54

11.64

0.56

NTB 11-Oct-18

12.2

12.34

1.56

NTB 18-Oct-18

11.98

12.14

1.18

NTB 25-Oct-18

12.39

12.6

1.2

NTB 1-Nov-18

12.17

12.4

1.35

NTB 8-Nov-18

12.16

12.41

1.68

NTB 15-Nov-18

11.9

12.17

0.93

NTB 22-Nov-18

11.77

12.06

0.93

NTB 29-Nov-18

11.45

11.76

1.15

NTB 6-Dec-18

12.16

12.54

0.78

NTB 13-Dec-18

11.99

12.38

1.21

NTB 20-Dec-18

12.31

12.76

0.51

NTB 27-Dec-18

12.31

12.78

0.71

NTB 3-Jan-19

12.32

12.83

0.49

NTB 10-Jan-19

12.41

12.96

0.6

NTB 17-Jan-19

12.47

13.06

0.55

NTB 24-Jan-19

12.46

13.08

0.52

NTB 31-Jan-19

12.51

13.17

0.8

NTB 7-Feb-19

12.46

13.15

0.31

NTB 14-Feb-19

12.57

13.3

0.52

NTB 14-Mar-19

12.46

13.31

0.43

NTB 21-Mar-19

12.27

13.13

0.26

NTB 4-Apr-19

12.63

13.61

0.4

NTB 18-Jul-19

12.41

13.89

0.37

NTB 18-Jul-19

12.97

14.64

0.37

NTB 18-Jul-19

12.13

13.62

0.32

NTB 18-Jul-19

11.96

13.44

0.02

NTB 4-Apr-19

11.99

13

-0.03

NTB 18-Jul-19

11.47

12.86

0.23

NTB 18-Jul-19

11.57

12.54

0.57

NTB 21-Mar-19

11.25

12.14

-1.07

NTB 4-Apr-19

12.28

13.42

0.39

NTB 18-Jul-19

11.69

12.71

0.16

Source: FMDQ

 

 

Bonds and Fixed Income News

a)     Central Bank makes a U-turn, raises rate to 12.50% for the 182days OMO Bills

b)     System Liquidity support bullish interests in the Fixed Income Markets

c)      External Factors Propel Yields to New Frontiers

d)     Central Bank defies expectations, maintains rates at OMO auction

e)     Bearish Sentiments Persist in Bond Market, amid Bargain Hunting by Local RMCs

f)       Money Market Rate Decreased Marginally Last Week as Overnight Rate Fell to 6.83%

g)     September 2018 FGN Savings Bond Offer for Subscription

h)    Bond Market Closes the Month Bearish as EM Pressures Persist

 

 

3.     Commodities

Brent crude oil prices went down by -1.28% WoW to $76.49 per barrel

Also, WTI down by -3.57% WoW to $67.56 per barrel

 

Commodity

07-Sep-18

31-Aug-18

31-Dec-17

Weekly Chg

YTD Chg

Brent

76.49

77.48

66.87

-1.28%

14.39%

WTI

67.56

70.06

60.42

-3.57%

11.82%

Gold

1197.05

1202.75

1296.38

-0.47%

-7.66%

Silver

14.2

14.55

16.88

-2.41%

-15.88%

Platinum

778

791.29

928

-1.68%

-16.16%

Palladium

988.3

980.46

1058

0.80%

-6.59%

Source: Bloomberg, TheAnalyst

 

 

4.     Forex

The FX market experienced mixed performance during the week. The NAFEX rate appreciated by 0.08% while the CBN, IEFX and the BDC rates all depreciated by 0.02%, 0.04% and 0.14% respectively.

 

FX

07-Sep-18

31-Aug-18

% Chg

BDC

360.5

360

0.14%

CBN

306.2

306.15

0.02%

I & E

362.63

362.5

0.04%

NAFEX

362.62

362.91

-0.08%

Source: FMDQ, CBN, Everdon

 

 

5.     Mutual Funds

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

Proshare Nigeria Pvt. Ltd.

 

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