January 21, 2021/InvestmentOne Report
The Nigerian equities market closed negative today as NSE-ASI lost 0.12% to close at 41,099.15pts.
Similarly, market breadth index was negative with 15 gainers against 50 losers.
NNFM (+10.00%) led the gainer’s chart today, while PRESTIGE (-10.00%) was the top loser.
TRANSCORP (-9.38%) was the most actively traded stock with about 428million units of shares worth about N559million.
Sector Performances .
- NSE Consumer Goods Index: Fell by 0.30% as a result of the losses in CADBURY (-9.72%), FLOURMILL (-2.77%) and GUINNESS (-2.37%).
- NSE Banking Index: Lost 0.23% on the back of the declines in UBN (-2.68%), UBA (-1.65%), FIDELITYBK (-1.46%), WEMABANK (-1.43%) and GUARANTY (-0.15%).
- NSE Industrial Index: Gained 0.27% as a result of the buy-interest in WAPCO (+5.47%).
- NSE Oil & Gas Index: Advanced by 0.15% due to the positive sentiment in ARDOVA (+3.54%).
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
| 234.00
| -0.21%
| -1.27%
| -4.45%
|
3
| FBNH
| 7.35
| 0.00%
| -3.29%
| 2.80%
|
4
| FIDELITYBK
| 2.70
| -1.46%
| -2.53%
| 7.14%
|
5
| GUARANTY
| 33.00
| -0.15%
| -0.15%
| 2.01%
|
6
| MTNN
| 170.00
| -0.12%
| 0.00%
| 0.06%
|
7
| UBA
| 8.95
| -1.65%
| -3.24%
| 3.47%
|
8
| SEPLAT
| 540.00
| 0.00%
| 0.00%
| 34.23%
|
9
| ZENITHBANK
| 26.45
| 0.57%
| 0.57%
| 6.65%
|
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 down today due to the losses in Consumer and Banking names. 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.
