Weekly Market Report Weekly Market Summary as at

Weekly Market Report

Weekly Market Summary as at February 26, 2016 Presented By Investment & Research Unit

Week’s Highlights Growth Picks up in the US; Analysts See Further Rate Hikes Naira firms in the parallel market to 320/$ Equities end week lower, -0. 83 WOW

NSE All Share Index & Market CAP. NSE ASI Market Cap ₦'000 This Week 24, 228. 79 This Week 8, 335, 707. 00 Last Week 24, 432. 51 Last Week 8, 402, 797. 00 % Change -0. 83% % Change -0. 80% Jan-16 YTD 28, 642. 25 Jan-16 -15. 41% YTD 9, 757, 085. 00 -14. 57%

Nigerian Interbank Offer Rate (NIBOR) 19 Feb. 2016 26 Feb. 2016 (%) 30 DAYS 90 DAYS 180 DAYS OVERNIGHT Source: Financial Market Dealers Quotations 7. 04 7. 66 8. 29 9. 07 9. 54 10. 37 1. 01 1. 15 Change

Top Gainers in Naira Value Top Gainers SEPLAT PETROLEMUM DEVELOPMENT COMPANY ₦ Closing Price 37. 52 340 15 715 LAFARGE AFRICA 4. 52 84. 52 UNILEVER NIGERIA PLC 1. 02 29 HONEYWELL FLOUR MILL PLC 0. 02 1. 39 NESTLE FOODS PLC

Top Gainers in % Value Top Gainers % Closing Price SEPLAT PETROLEMUM DEVELOPMENT COMPANY 12. 40 340. 00 LEARN AFRICA PLC 11. 11 0. 90 ETERNA OIL AND GAS COMP 7. 95 1. 90 LAFARGE AFRICA 5. 65 84. 52 A. G. LEVENTIS (NIG) PLC 3. 90 0. 80

Top Losers in Naira Value Top Losers =N= Closing Price DANGOTE CEMENT PLC -4. 83 135. 00 FLOUR MILLS PLC -0. 97 17. 43 CADBURY NIGERIA PLC -0. 66 17. 20 UAC OF NIGERIA PLC -0. 57 19. 90 CEMENT COMPANY OF NORTH -0. 30 8. 70

Top Losers in % Value Top Losers % Closing Price LIVESTOCK FEEDS PLC -12. 98 1. 14 FIDSON -9. 29 2. 44 NEIMETH INTERNATIONAL P -8. 33 0. 66 OANDO PLC -8. 05 3. 20 FLOUR MILLS PLC -5. 27 17. 43

NSE ALL-SHARE INDEX 24, 450 24, 350 Points 24, 250 24, 150 24, 050 23, 950 23, 850 Mon February 22 Tue February 23 Wed February 24 Thu February 25 Fri February 26

MARKET CAPITALISATION (NGN) 8. 5 8. 4 (N'trn) 8. 4 8. 3 8. 2 8. 1 Mon February 22 Tue February 23 Wed February 24 Thu February 25 Fri February 26

VOLUME TRADED ('mn) 0. 60 0. 50 0. 40 0. 30 0. 20 0. 10 0. 00 Mon February 22 Tue February 23 Wed February 24 Thu February 25 Fri February 26

Managed Fund % Change This Week Last Week (Week) YTD (%) 0. 88 0. 86 -0. 63 Lotus Halal Jan-16 0. 89 Lotus HISAB 174. 69 177. 88 177. 85 0. 02 1. 47 Lotus Halal ETF (price) 9. 60 7. 98 0. 00 -16. 88 IBTC Ethical 0. 75 0. 70 0. 69 1. 45 -6. 67 IBTC Equity 7282. 86 6479. 67 6425. 58 0. 84 -11. 03 IBTC Imaan 137. 01 128. 48 125. 88 2. 07 -6. 23 ARM Discovery* 278. 56 262. 28 262. 99 -0. 27 -5. 84 ARM Ethical* 22. 04 21. 37 21. 09 0. 01 -3. 04 NSE Lotus Islamic Index 1, 998. 85 1, 690. 14 1, 679. 66 0. 62 -15. 44 NSE All-Share Index 28642. 25 24228. 79 24432. 51 -0. 83 -15. 41 * Value as at 25/02/2016

HALAL Price Trend in 2016 1 0. 98 0. 96 0. 94 0. 92 0. 9 0. 88 0. 86 0. 84 0. 82 0. 8 c -De 31 an 7 -J an -J 14 n -Ja 21 -Ja 28 n eb 4 -F 11 b -Fe 18 b -Fe 25

HISAB Price Trend in 2016 180 175 170 165 160 155 150 145 c -De 31 an 7 -J an -J 14 n -Ja 21 n -Ja 28 eb 4 -F 11 b -Fe 18 b -Fe 25

QS/NSE CAPITALISATION 45. 08% Qualitative: This week 54. 92% NSE: This week

QS/NSE VOLUME TRADED 3. 39% 96. 61% Qualitative: This week NSE: This week

QS/NSE VALUE TRADED 24. 39% 75. 61% Qualitative: This week NSE: This week

International Indices Jan-16 Last Week YTD Change (%) This Week DOW JONES 17485. 26 16359. 70 16698. 80 2. 07 -4. 50 NASDAQ 5035. 04 4502. 91 4594. 25 2. 03 -8. 75 S&P 500 2050. 26 1916. 10 1953. 45 1. 95 -4. 72 NIKKEI 225 19033. 71 15967. 17 16188. 41 1. 39 -14. 95 FTSE 100 6198. 00 5950. 23 6096. 01 2. 45 -1. 65 EURO STOXX 50 3282. 00 2871. 05 2928. 90 2. 01 -10. 76 SHCOMP 3539. 18 2861. 38 2767. 21 -3. 29 -21. 81

Metals GOLD ($) SILVER ($) 1 -Jan-16 Last Week This Week Change (%) YTD Change (%) 1, 060. 70 1, 230. 40 1, 218. 60 -0. 96 14. 89 13. 85 15. 43 14. 77 -4. 28 6. 64 PLATINUM ($) 888. 75 942. 83 914. 51 -3. 00 2. 90 COPPER ($) 212. 20 208. 20 212. 15 1. 90 -0. 02 Energy BRENT CRUDE OIL ($) 36. 78 HEATING OIL ($) 108. 55 NATURAL GAS ($) UNLEADED GAS ($) 33 103. 58 36. 26 109. 08 9. 88 -1. 41 5. 31 0. 49 2. 34 1. 8 1. 74 -3. 33 -25. 64 1. 25 0. 95 1. 31 37. 89 4. 80

Other Commodities Week YTD This Change 1 -Jan-16 Last Week (%) CORN (Cents per bu. ) 358. 00 370 358. 75 -3. 04 0. 21 SOYBEANS (Cents per bu. ) 865. 50 883 863. 5 -2. 21 -0. 23 WHEAT (Cents per bu. ) 469. 75 467. 75 452. 5 -3. 26 -3. 67 2, 841. 00 2, 878. 00 1. 30 -10. 12 59. 53 57. 61 -3. 23 -8. 87 COCOA (Cents per bu. ) 3, 202. 00 COTTON (Cents per bu. ) 63. 22

This Week: FOREIGN EXCHANGE 01 -Jan-16 RATE Buying Rate Central Rate This Last week Week YTD week Week's Selling Change Selling Stronger Price % % Price Ccy US DOLLAR – NGN (PARALLEL – N 300/$) 197. 00 196. 50 197. 00 0. 00 USD POUNDS STERLING NGN 291. 07 273. 79 274. 49 275. 19 281. 22 -2. 14 -5. 46 NAIRA EURO - NGN 214. 91 216. 15 216. 70 217. 25 1. 6 1. 7 4 4 1. 75 218. 89 -0. 75 1. 7 4 0. 10 1. 09 NAIRA 5. 41 YEN JAPANESE YEN - NGN SWISS FRANC - NGN SAUDI RIYAL - NGN 6 197. 16 197. 72 198. 22 52. 5 52. 2 0 6 52. 39 28. 8 DANISH KRONER - NGN 0 3 ZAR - NGN 12. 88 198. 53 0. 10 0. 80 52. 52 52. 51 0. 02 0. 05 RIYAL 29. 12 29. 33 -0. 72 0. 3 3 -0. 51 1. 11 NAIRA 1. 44 NAIRA 4. 74 NAIRA 28. 9 7 0. 3 CFA - NGN 198. 73 SW FRANC 29. 04 0. 3 1 0. 3 2 0. 33 12. 27 12. 92 -5. 50

Economic Ind. Dec-15 Jan-16 MPR (%) 11 11 INFL. Y-O-Y (%) 9. 6

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