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Weekly Financial Market at Glance as at May 13th, 2016

by on May 16, 2016
 

The equities market closed the week on a positive note, as NSE ASI appreciated by2.88% to close at 26,441.03basis points. Its Year-to-Date (YTD) returns currently stands at -7.69%.

Similarly, at the end of the week, Market Capitalization closed at N9.009trn

This Week

Last Week

Market Capitalisation

(N’billion)

N9,009.00

N8,841.00

NSE All-Share Index

26,441.03

25,701.60

The Following Company result(s) were released during the week:

  • Standard Alliance Insurance Plc declares N116.249m profit after Tax in First quarter 2016, which shows a percentage decrease of 68.6% when compared to N369.739m profit after Tax of 2015 First quarter result
  • Standard Alliance Insurance Plc declares N887.481m profit after Tax in Audited Report 2015 result, which shows a percentage decrease of 140.4%when compared to N2,197m loss after Tax of 2014 Audited Report.
  • BOC Gases Plc declares N121.190m profit after Tax in Audited Report 2015 result, which shows a percentage decrease of 46.7% when compared toN227.201m profit after Tax of 2014 Audited Report.
  • Scoa Nigeria Plc declares N2.945m loss after Tax in First quarter 2015, which shows a percentage decrease of 114.44% when compared to N20.395m profit after Tax of 2014 First quarter result.
  • Presco Plc declares N2,321m profit after Tax in Audited Report 2015 result, which shows a percentage decrease of 55.3% when compared to N5,194bprofit after Tax of 2014 Audited Report.
  • International Breweries Plc declares N2,653m profit after Tax in Audited Report 2016 result, which shows a percentage increase of 36.33% when compared to N1,946m profit after Tax of 2015 Audited Report.
  • Unity Bank Plc declares N4,689m profit after Tax in Audited Report 2015 result, which shows a percentage decrease of 56.14% when compared toN10,692m profit after Tax of 2014 Audited Report.
  • C & I Leasing Plc declares N95.972m profit after Tax in First quarter 2016, which shows a percentage decrease of 56.3% when compared to N219.702mprofit after Tax of 2015 First quarter result.

Omoluabi Savings & Loans Plc declares N168.036m loss after Tax in Audited Report 2015 result, which shows a percentage decrease of 448.8% when compared to N48.179m profit after Tax of 2014 Audited Report.

Five Top Gainers and Losers for the week ended May 13th, 2016

Top Gainers

Open

Close

Gain

%

Company

Price

Price

(N)

Change

Tiger Branded

Consumer Goods

Plc

3.99

5.99

2.00

50.13

Diamond Bank

Plc

1.40

2.02

0.62

44.29

FCMB Group

Plc

0.99

1.29

0.30

30.30

Neimeth Plc

0.78

1.00

0.22

28.21

Livestock Feeds

Plc

0.80

1.00

0.20

25.00

Top Losers

Open

Close

Loss

%

Company

Price

Price

(N)

Change

University

Press Plc

5.70

4.89

0.81

14.21

Mrs Oil

Nigeria Plc

44.83

40.47

4.36

9.73

Caverton

Offshore

Support

Group Plc

1.65

1.51

0.14

8.48

Academy

Press Plc

0.67

0.63

0.04

5.97

Portland

Paints &

Products Nig.

Plc

2.17

2.06

0.11

5.07

Corporate Actions for the week ended May 13th, 2016

COMPANY

DIVIDEND

BONUS

CLOSURE DATE

AGM DATE

PAYMENT DATE

BetaGlass Plc

N0.40kobo

Nil

13th June, 2016

30th June, 2016

1st July, 2016

E-transact Plc

N0.10kobo

Nil

1st June, 2016

1st July, 2016

8th July,2016

Int. Breweries

N0.35kobo

Nil

18th July, 2016

9th August, 2016

11th August, 2016

Plc

Nem Insurance

N0.06kobo

Nil

23rd May, 2016

8th June, 2016

8th June, 2016

Plc

FGN Benchmark Bonds Prices for the Week ended May 13, 2016

TTM (Years)

Prices (N)

Yields

%

Change

Bond Name

06-May

13-May

06-May

13-May

in Yield

16.00%

FGN JUN 2019

3.2

108.18

105.19

12.74

13.76

8.0%

15.54%

FGN FEB 2020

3.8

107.24

104.28

13.03

13.91

6.8%

16.39%

FGN JAN 2022

5.8

112.47

109.02

13.20

13.95

5.7%

14.20%

FGN MAR 2022

7.9

104.29

99.81

13.29

14.17

6.6%

12.50%

FGN JAN 2026

9.7

96.12

93.34

13.21

13.70

3.7%

10.00%

FGN JUL 2030

14.2

77.80

75.46

13.55

13.96

3.0%

12.1493% FGN JUL 2034

18.2

88.70

86.36

13.86

14.21

2.5%

12.40%

FGN MAR 2036

19.9

90.66

89.48

13.78

13.97

1.4%

CommercialPapers

Treasury Bills

Maturity Date

DTM

Rate

MaturityDate

DTM

06-May

13-May

06-May

13-May

11 August 2016

90

7.84%

7.84%

GuinnessNigeria

29/07/2016

77

13.41%

13.12%

3 November 2016

174

8.72%

9.41%

4 May 2017

356

11.15%

Bonds Auction Result

Overnight and OBB rates

15.54% Feb

Date

O/N

OBB

2020

12.5% Jan 2026

12.4% Mar 2036

03-May

3.50

3.08

N’B

N’B

N’B

04-May

3.75

3.25

05-May

4.17

3.58

Amountoffered

15

40

50

06-May

4.08

3.58

Subscriptions

35.4

51.71

72.49

09-May

3.75

3.17

Total Successful

68

52

60

10-May

4.92

4.33

11-May

5.21

4.79

Range of bids (%)

10.99 – 18.00

11.0 – 18.00

11.0 – 18.0

12-May

6.92

6.08

Stop Rates(%)

13.2

13.743

13.9

13-May

8.00

7.42

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