21st August 2023 Africa Market Roundup

On Friday, the benchmark NGX All-Share Index (ASI) climbed 295.00 (0.46%) points to close at 64,743.96, concluding a week loss of 0.89%, a 4-week loss of 0.4%, but an overall year-to-date gain of 26.33%.  John Holt share price led the gainers, followed by Consolidated Hallmark Insurance (+8.24%), University Press (+6.67%) and Computer Warehouse Group (+5.56%).

20th August 2023 Africa Market Roundup

Markets     % Change YTD (%)   NGX ASI 64,448.96 -0.27% 25.75% Brent Crude Oil    84.19 0.89% -2.01%   Natural Gas 2.63 2.50% -35.85% I&E FX Window 740.67 0.14% -65.31% Parallel Market  890.00 4.30% -20.27% Nigerian Treasury Bill (Average Yield %) 6.94% 0.00% 13.21% FGN Bonds (Average Yield %) 13.84% 0.07% 17.07% Gold  1,886.71 -0.27% 4.00% Cocoa 3,418.00 1.36% 31.17%

17th August Africa Markets Roundup

Markets     % Change YTD (%)   NGX ASI 64,625.28 -0.47% 26.1% Brent Crude Oil    83.46 -1.68% -2.85%   Natural Gas 2.59 -2.44% -36.83% I&E FX Window 759.86 1.59% -69.56% Parallel Market  935.00 0.64% -26.35% Nigerian Treasury Bill (Average Yield %) 6.94% 0.00% 14.68% FGN Bonds (Average Yield %) 13.84% 0.07% 17.09% Gold  1,893.04 -0.19% 4.35% Cocoa 3,372.00 1.17% 29.40%

15th August Africa Market Roundup

Markets     % Change YTD (%)   NGX ASI 65,210.49 -0.18% 27.24% Brent Crude Oil    86.46 -0.40% 0.58%   Natural Gas 2.79 0.72% -31.95% I&E FX Window 744.41 -0.61% -66.14% Parallel Market  935.00 0.53% -26.35% Nigerian Treasury Bill (Average Yield %) 7.03% 0.00% 14.68% FGN Bonds (Average Yield %) 13.66% 0.00% 15.57% Gold  1,909.95 -0.19% 5.28% Cocoa 3,304.00 0.3% 26.79%

14th   August 2023 Africa Markets Roundup

Markets     % Change YTD (%)   NGX ASI 65,325.37 1.08% 27.46% Brent Crude Oil    86.81 0.47% 1.05%   Natural Gas 2.77 0.25% -32.44% I&E FX Window 740.60 5.17% -65.29% Parallel Market  940.00 -1.08% -27.03% Nigerian Treasury Bill (Average Yield %) 7.03% 0.15% 14.68% FGN Bonds (Average Yield %) 13.66% 0.05% 15.57% Gold  1,913.53 0.08% 5.48% Cocoa 3,297.00 0.46% 26.53%

11th August 2023 Africa Markets Roundup

Markets     % Change YTD (%)   NGX ASI 65,205.35 1.62% 27.23% Brent Crude Oil    86.69 -0.98% 0.91%   Natural Gas 2.77 -6.52% -32.44% I&E FX Window 781.34 0.19% -74.39% Parallel Market  930.00 -2.76% -25.68% Nigerian Treasury Bill (Average Yield %) 6.88% 0.00% 12.23% FGN Bonds (Average Yield %) 13.59% -0.02% 14.97% Gold  1,917.17 0.14% 5.68% Cocoa 3,268.00 -1.54% 25.41% Market News – MTN Nigeria has announced that it has obtained the approval of the Securities and Exchange Commission (SEC) for the registration of ordinary shares that allows the company to issue dividends as shares to 5,192 shareholders. Under the plan, 5,192 shareholders elected to receive their FY 2022 final dividends in the form of shares, equivalent to 641,047,053 new ordinary shares of 2kobo each at N232.68 per share. This brings the total issued shares of the Company to 20,995,560,103.

10th August 2023 Africa Markets Roundup

Markets     % Change YTD (%)   NGX ASI 64,167.39 -1.75% 25.20% Brent Crude Oil    87.48 1.52% 1.83%   Natural Gas 2.96 6.73% -27.80% I&E FX Window 782.88 -3.42% -74.73% Parallel Market  905.00 -0.89% -22.30% Nigerian Treasury Bill (Average Yield %) 6.88% 0.00% 12.23% FGN Bonds (Average Yield %) 13.59% -0.02% 14.97% Gold  1,916.51 -0.43% 5.64% Cocoa 3,292.00 -1.23% 26.33%

9th   August 2023 Africa Markets Roundup

Markets     % Change YTD (%)   NGX ASI 65,309.65 -0.04% 27.48% Brent Crude Oil    85.93 0.64% -0.20%   Natural Gas 2.78 1.98% -32.20% I&E FX Window 757.51 2.19% -68.97% Parallel Market  895.00 -0.85% -20.95% Nigerian Treasury Bill (Average Yield %) 6.59% 0.00% 7.50% FGN Bonds (Average Yield %) 13.43% 0.00% 13.62% Gold  1,926.34 -0.53% 6.18% Cocoa 3,336.00 -4.00% 28.02% Corporate Result – Indigenous energy company, Seplat Energy Plc, grew its gas revenue by 10.21%to US $63.7m H1 2023 compared to US $57.8m recorded in the same period in 2022, on the back of higher prices of 4.4% and volumes of 1.4%.

8th August 2023 Africa Markets Roundup

Markets     % Change YTD (%)   NGX ASI 65,336.80 0.21% 27.48% Brent Crude Oil    85.36 -1.02% -0.64%   Natural Gas 2.73 5.78% -33.41% I&E FX Window 774.78 -4.17% -72.76% Parallel Market  887.50 -1.14% -19.93% Nigerian Treasury Bill (Average Yield %) 6.59% 0.00% 7.50% FGN Bonds (Average Yield %) 13.43% 0.00% 13.62% Gold  1,933.50 -0.43% 6.58% Cocoa 3,461.00 -1.40% 32.82%

7th August 2023 Africa Markets Roundup

Markets     % Change YTD (%)   NGX ASI 65,198.08 -0.1% 27.21% Brent Crude Oil    86.24 1.29% 0.38%   Natural Gas 2.57 0.47% -37.32% I&E FX Window 743.07 4.55% -65.85s% Parallel Market  877.50 -1.45% -18.58% Nigerian Treasury Bill (Average Yield %) 6.59% 0.00% 7.50% FGN Bonds (Average Yield %) 13.43% 0.08% 13.62% Gold  1,942.02 0.43% 7.05% Cocoa 3,510.00 0.54% 34.70%