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Market Review and Round-Up of Corporate News Announced During The Week Ending 210918

Stock & Analyst Updates	2947 VIEWS
Stock & Analyst Updates
2947 VIEWS

Friday, September 21, 2018 / 05:20 PM / Proshare Markets

Key Highlights

The equities market recorded mixed performance – the listed equities market recorded +0.66% gain WoW while the NASD OTC also went up by +2.10% WoW.
The BDC rate closed flat while the IEFX, NAFEX and the CBN rate depreciated during the week.
The Brent Crude Oil price moved up at the end of the week while the WTI also went up.

1. Equity

NSE

The NSEASI went up by +0.66% WoW.
NSE Banking Index recorded the highest gain of +2.67% while NSE Insurance Index recorded the highest drop of -4.90%.

Market Performance
Sectors	14-Sep-18	21-Sep-18	WoW Chg
NSE ASI	32,327.59	32,540.17	0.66%
NSE-30	1,444.73	1,461.15	1.14%
NSE Food and Beverages	754.93	762.21	0.96%
NSE Banking	390.87	401.32	2.67%
NSE Insurance	130.51	124.11	-4.90%
NSE Oil and Gas	282.46	289.80	2.60%
NSE LII	2,278.20	2,272.18	-0.26%
NSE-IND	1,512.94	1,549.76	2.43%
NSE-ASeM	809.92	797.69	-1.51%
NSE Pension	1,197.04	1,219.17	1.85%
NSE Premium	2,330.72	2,338.51	0.33%
NSE Main Board	1,438.61	1,452.15	0.94%
NSECG	1,250.41	1,272.63	1.78%

Source: NSE, Proshare Research

For more updates on market index performance visit here

NASD

The NASD USI moved up by +2.10% WoW

Market CAP also moved up by +2.10% WoW

The unlisted OTC market recorded +15147.56% growth in Volume Traded and +434.79% growth in Value.

Parameter	21-Sep-18	14-Sep-18	Chg
USI	712.84	698.16	2.10%
MKT Capitalization (Bn)	482.4	472.47	2.10%
Volume Traded	238,970,050	1,567,267	15147.56%
Value Traded (000)	123,258.50	23,048.18	434.79%
Deals Executed	8	12	-33.33%

Source: NASD Plc

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

Corporate News and Results for the Week

A. Resort Savings and Loans Announces updates On Recapitalization

B. One Week After: FO Share Price Moves Up by 25.71%; Adds N5.86bn in Market CAP

C. GUINNESS Announces Changes to its Board of Directors

D. LASACO to Hold an Extra Ordinary General Meeting on Wednesday 10th October, 2018

2. Fixed Income and Bonds

FGN Bonds

as @ Fri Sep 21 2018
Description	Price	Yield	Change (%)
13.01 FGNSB 22-MAR-2019	99.88	13.26	0.08
12.794 FGNSB 12-APR-2019	99.66	13.42	0.07
13.189 FGNSB 17-MAY-2019	99.67	13.7	0.04
13.189 FGNSB 14-JUN-2019	99.5	13.92	0.02
16.00 29-JUN-2019	101.41	14.04	0.01
13.386 FGNSB 12-JUL-2019	99.42	14.14	0
13.535 FGNSB 16-AUG-2019	99.25	14.42	-0.02
13.817 FGNSB 20-SEP-2019	99.2	14.69	-0.05
12.059 FGNSB 18-OCT-2019	97.47	14.64	-0.08
7.00 23-OCT-2019	92.56	14.63	-0.08
12.091 FGNSB 15-NOV-2019	97.4	14.58	-0.11
11.738 FGNSB 13-DEC-2019	96.92	14.51	-0.15
12.098 FGNSB 17-JAN-2020	97.22	14.44	-0.19
15.54 13-FEB-2020	101.51	14.27	-0.27
10.277 FGNSB 14-FEB-2020	94.88	14.38	-0.23
10.746 FGNSB 14-MAR-2020	95.32	14.31	-0.27
13.794 FGNSB 12-APR-2020	99.29	14.31	-0.28
10.75 FGNSB 18-APR-2020	95.05	14.31	-0.28
9.48 FGNSB 16-MAY-2020	92.97	14.33	-0.29
14.189 FGNSB 17-MAY-2020	99.79	14.33	-0.29
10.34 FGNSB 13-JUN-2020	93.97	14.34	-0.3
14.189 FGNSB 14-JUN-2020	99.76	14.34	-0.3
10.483 FGNSB 11-JUL-2020	93.93	14.36	-0.3
14.386 FGNSB 12-JUL-2020	100.03	14.36	-0.3
10.668 FGNSB 15-AUG-2020	93.91	14.38	-0.31
14.535 FGNSB 16-AUG-2020	100.24	14.38	-0.31
11.364 FGNSB 12-SEP-2020	94.86	14.4	-0.31
14.817 FGNSB 20-SEP-2020	100.71	14.4	-0.32
13.059 FGNSB 18-OCT-2020	97.59	14.42	-0.32
13.091 FGNSB 15-NOV-2020	97.54	14.43	-0.33
12.738 FGNSB 13-DEC-2020	96.78	14.45	-0.33
13.098 FGNSB 17-JAN-2021	97.32	14.47	-0.34
11.277 FGNSB 14-FEB-2021	93.59	14.49	-0.35
11.746 FGNSB 14-MAR-2021	94.34	14.5	-0.35
11.75 FGNSB 18-APR-2021	94.12	14.52	-0.36
10.48 FGNSB 16-MAY-2021	91.18	14.54	-0.37
11.34 FGNSB 13-JUN-2021	92.86	14.56	-0.37
11.483 FGNSB 11-JUL-2021	92.98	14.57	-0.38
14.50 15-JUL-2021	98.76	15.03	-0.13
11.668 FGNSB 15-AUG-2021	93.17	14.59	-0.39
12.364 FGNSB 12-SEP-2021	94.65	14.61	-0.39
16.39 27-JAN-2022	104.31	14.69	-0.42
13.48 FGNGB 22-DEC-2022	95.65	14.88	-0.21
12.75 27-APR-2023	92.84	14.95	-0.12
14.20 14-MAR-2024	96.61	15.13	0.09
13.53 23-MAR-2025	93.39	15.16	-0.02
12.50 22-JAN-2026	88.29	15.19	-0.12
16.2884 17-MAR-2027	105.43	15.13	-0.03
13.98 23-FEB-2028	93.79	15.24	-0.01
15.00 28-NOV-2028	98.45	15.29	-0.06
12.49 22-MAY-2029	85.35	15.31	-0.05
8.50 20-NOV-2029	63.99	15.33	-0.04
10.00 23-JUL-2030	71.15	15.35	-0.02
12.1493 18-JUL-2034	80.4	15.49	0.06
12.40 18-MAR-2036	82.09	15.38	0.01
16.2499 18-APR-2037	105.13	15.4	0.03

Treasury Bills

as @ Fri Sep 21 2018
Maturity	Discount	Yield	Change (%)
NTB 4-Oct-18	10.75	10.79	0
NTB 11-Oct-18	8.34	8.38	-0.9
NTB 18-Oct-18	10.75	10.83	-0.36
NTB 25-Oct-18	10.84	10.95	-0.29
NTB 1-Nov-18	12.97	13.16	0.06
NTB 8-Nov-18	12.21	12.41	-0.06
NTB 15-Nov-18	12.22	12.45	-0.23
NTB 22-Nov-18	12.04	12.29	-0.42
NTB 29-Nov-18	11.65	11.91	-0.39
NTB 6-Dec-18	12.59	12.93	-0.31
NTB 13-Dec-18	12.31	12.66	-0.29
NTB 20-Dec-18	12.36	12.75	-0.17
NTB 27-Dec-18	12.35	12.77	-0.26
NTB 3-Jan-19	12.68	13.16	0
NTB 10-Jan-19	12.54	13.04	-0.21
NTB 17-Jan-19	12.81	13.36	0.06
NTB 24-Jan-19	12.5	13.06	-0.07
NTB 31-Jan-19	12.4	12.98	-0.19
NTB 7-Feb-19	12.57	13.2	-0.37
NTB 14-Feb-19	12.95	13.66	0.03
NTB 21-Feb-19	12.63	13.33	-0.24
NTB 28-Feb-19	12.64	13.38	-0.21
NTB 7-Mar-19	12.33	13.06	-0.26
NTB 14-Mar-19	12.73	13.55	0.1
NTB 21-Mar-19	12.43	13.25	0.09
NTB 4-Apr-19	12.89	13.84	-0.31
NTB 18-Jul-19	13.41	15.07	0.09
NTB 1-Aug-19	13.47	15.24	0.04
NTB 18-Jul-19	13.86	15.69	0.24
NTB 1-Aug-19	13.47	15.28	-0.18
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. Resurgent Interests in EM Bolsters Nigerian Eurobonds to 6-Week High

B. Market players Oversubscribe 1yr PMA Bill by c.250%

C. Bond Yields Weaken Following Renewed Local Supply on the Long End

D. Average T-Bills Rate Rose 184bps WoW Amidst Buoyant System Liquidity

E. Bond Yields Moderate Further Amid Tighter Supply

F. Average T-bills Yield Rose Significantly by 208bps to Close the Week at 14.43%

3. Commodities

Brent crude oil prices went up by +2.78% WoW to $79.97 per barrel

Also, WTI up by +5.25% WoW to $71.74 per barrel

Commodity	21-Sep-18	14-Sep-18	31-Dec-17	Weekly Chg	YTD Chg
Brent	79.97	77.81	66.87	2.78%	19.59%
WTI	71.74	68.16	60.42	5.25%	18.74%
Gold	1198.54	1198.69	1296.38	-0.01%	-7.55%
Silver	14.33	14.15	16.88	1.27%	-15.11%
Platinum	826.7	801.98	928	3.08%	-10.92%
Palladium	1052.05	985.41	1058	6.76%	-0.56%

Source: Bloomberg, TheAnalyst

4. Forex

The FX market experienced mixed performance during the week. The BDC rate closed flat while the CBN, IEFX and the NAFEX rates all depreciated by 0.02, 0.12% and 0.09% respectively.