January 26, 2021/InvestmentOne Report
The Nigerian equities market closed positive today as NSE-ASI gained 1.21% to close at 41,584.94pts.
Similarly, market breadth index was positive with 32 gainers against 19 losers.
RTBRISCOE (+10.00%) led the gainer’s chart today, while JOHNHOLT (-10.00%) was the top loser.
TRANSCORP (+0.93%) was the most actively traded stock with about 46million units of shares worth about N51million.
Sector Performances .
- NSE Consumer Goods Index: Rose by 0.54% as a result of the gains in CHAMPION (+9.81%), FLOURMILL (+6.25%), HONYFLOUR (+5.08%), UNILEVER (+2.27%) and DANGSUGAR (+0.50%).
- NSE Industrial Index: Advanced by 0.25% as a result of the buy-interest in WAPCO (+3.77%).
- NSE Oil & Gas Index: Declined by 5.31% due to the sell-offs in SEPLAT (-9.26%) and OANDO (-1.84%).
- NSE Banking Index: Fell by 0.14% on the back of the losses in WEMABANK (-2.86%), STERLNBANK (-2.50%) and ZENITHBANK (-0.94%).
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
| 0.54%
| 1.09%
| 9.47%
|
2
| DANGCEM
| 236.00
| 0.00%
| 0.85%
| -3.63%
|
3
| FBNH
| 7.40
| 0.00%
| 0.68%
| 3.50%
|
4
| FIDELITYBK
| 2.73
| 0.00%
| 0.37%
| 8.33%
|
5
| GUARANTY
| 33.15
| 0.15%
| 0.15%
| 2.47%
|
6
| MTNN
| 170.90
| 0.53%
| 0.53%
| 0.59%
|
7
| UBA
| 8.80
| 0.57%
| 1.15%
| 1.73%
|
8
| SEPLAT
| 490.00
| -9.26%
| -9.26%
| 21.80%
|
9
| ZENITHBANK
| 26.25
| -0.94%
| -0.94%
| 5.85%
|
10
| OKOMUOIL
| 93.00
| 0.00%
| 0.00%
| 2.20%
|
11
| BUACEMENT
| 79.00
| 0.00%
| 0.00%
| 2.13%
|
12
| AIRTELAFRI
| 920.00
| 7.60%
| 8.01%
| 8.01%
|
The equities market closed up today due to the gains in Consumer and Industrial 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.
