January 20, 2021/InvestmentOne Report
Securities and Exchange Commission Mr Ibrahim Boyi, Executive Commissioner Operations SEC Mr. Dayo Obisan, Executive Secretary, National Health Insurance Scheme Prof Mohamad Nasir Sambo, Director General SEC Mr Lamido Yuguda and Executive Commissioner Legal and Enforcement, SEC Mr Reginald Karawusa during a meeting between the
SEC and Executive Secretary NHIS in Abuja, Tuesday 19/1/21. Image Credit: SEC Nigeria
The Nigerian equities market closed positive today as NSE-ASI gained 0.23% to close at 41,147.72pts.
Similarly, market breadth index was positive with 55 gainers against 16 losers.
NNFM (+10.00%) led the gainer’s chart today, while SUNUASSUR (-10.00%) was the top loser.
MBENEFIT (+10.00%) was the most actively traded stock with about 52million units of shares worth about N29million.
Sector Performances .
- NSE Industrial Index: Gained 0.50% as a result of the buy-interest in WAPCO (+8.16%).
- NSE Oil & Gas Index: Advanced by 0.45% due to the positive sentiment in ARDOVA (+9.72%).
- NSE Consumer Goods Index: Advanced by 0.21% as a result of the gains in NNFM (+10.00%), CHAMPION (+9.46%), HONYFLOUR (+9.09%), UACN (+2.53%) and GUINNESS (+2.43%).
- NSE Banking Index: Fell by 0.23% on the back of the declines in JAIZBANK (-2.86%) and GUARANTY (-2.07%).
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 9.25
| 0.00%
| -4.64%
| 9.47%
|
2
| DANGCEM
| 234.50
| -0.04%
| -1.05%
| -4.25%
|
3
| FBNH
| 7.35
| 0.68%
| -3.29%
| 2.80%
|
4
| FIDELITYBK
| 2.74
| 1.48%
| -1.08%
| 8.73%
|
5
| GUARANTY
| 33.05
| -2.07%
| 0.00%
| 2.16%
|
6
| MTNN
| 170.20
| 0.12%
| 0.12%
| 0.18%
|
7
| UBA
| 9.10
| 2.25%
| -1.62%
| 5.20%
|
8
| SEPLAT
| 540.00
| 0.00%
| 0.00%
| 34.23%
|
9
| ZENITHBANK
| 26.30
| 0.38%
| 0.00%
| 6.05%
|
10
| OKOMUOIL
| 93.00
| 0.00%
| 0.00%
| 2.20%
|
11
| BUACEMENT
| 79.00
| 0.00%
| -1.13%
| 2.13%
|
12
| AIRTELAFRI
| 851.80
| 0.00%
| 0.00%
| 0.00%
|
The equities market closed up today due to the gains in most sectors. While we believe the risk-off sentiment on the back of uncertainty around oil price, as well as the impact of the Coronavirus, could continue to weigh in on the equities market, we opine that the equities market still presents decent opportunities for investors chasing positive real return on investments in the medium to long run.
