January 25, 2021/InvestmentOne Report
The Nigerian equities market closed positive today as NSE-ASI gained 0.21% to close at 41,088.96pts.
However, market breadth index was negative with 19 gainers against 30 losers.
ACADEMY (+10.00%) led the gainer’s chart today, while ROYALEX (-10.00%) was the top loser.
TRANSCORP (-5.26%) was the most actively traded stock with about 49million units of shares worth about N53million.
Sector Performances .
- NSE Industrial Index: Advanced 0.54% as a result of the buy-interests in WAPCO (+1.92%) and DANGCEM (+0.85%).
- NSE Banking Index: Rose by 0.49% on the back of the gains in UBN (+6.31%), ETI (+0.77%), UBA (+0.57%) and ACCESS (+0.55%).
- NSE Oil & Gas Index: Declined by 0.80% due to the sell-offs in ARDOVA (-9.78%) and OANDO (-3.55%).
- NSE Consumer Goods Index: Shed 0.72% as a result of the losses in INTBREW (-6.53%), HONYFLOUR (-6.35%), NASCON (-5.81%) and UNILEVER (-2.22%).
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 9.20
| 0.55%
| 0.55%
| 8.88%
|
2
| DANGCEM
| 236.00
| 0.85%
| 0.85%
| -3.63%
|
3
| FBNH
| 7.40
| 0.68%
| 0.68%
| 3.50%
|
4
| FIDELITYBK
| 2.73
| 0.37%
| 0.37%
| 8.33%
|
5
| GUARANTY
| 33.10
| 0.00%
| 0.00%
| 2.32%
|
6
| MTNN
| 170.00
| 0.00%
| 0.00%
| 0.06%
|
7
| UBA
| 8.75
| 0.57%
| 0.57%
| 1.16%
|
8
| SEPLAT
| 540.00
| 0.00%
| 0.00%
| 34.23%
|
9
| ZENITHBANK
| 26.50
| 0.00%
| 0.00%
| 6.85%
|
10
| OKOMUOIL
| 93.00
| 0.00%
| 0.00%
| 2.20%
|
11
| BUACEMENT
| 79.00
| 0.00%
| 0.00%
| 2.13%
|
12
| AIRTELAFRI
| 855.00
| 0.38%
| 0.38%
| 0.38%
|
The equities market closed up today due to the gains in Industrial and Banking 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.
