February 18, 2021/InvestmentOne Report
The Nigerian equities market closed negative today as NSE-ASI lost 0.63% to close at 40,212.19pts.
Similarly, market breadth index was negative with 10 gainers against 30 losers.
RTBRISCOE (+10.00%) led the gainer’s chart today, while UPL (-9.09%) was the top loser.
FBNH was the most actively traded stock with about 130million units of shares worth about N949million.
Sector Performances .
- NSE Banking Index: Lost 2.60% on the back of the sell-offs in UBA (-4.76%), FIDELITYBK (-4.08%), ZENITHBANK (-3.60%), ACCESS (-2.41%) and GUARANTY (-1.94%).
- NSE Consumer Goods Index: Fell by 0.51% as a result of the losses in FLOURMILL (-4.67%), DANGSUGAR (-2.89%), CHAMPION (-2.87%) and HONYFLOUR (-1.46%).
- NSE Oil & Gas Index: Shed 0.20% as a result of the decline in OANDO (-2.60%).
- NSE Industrial Index: Declined by 0.13% as result of the loss in CUTIX (-3.13%).
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 8.10
| -2.41%
| -0.61%
| -4.14%
|
2
| DANGCEM
| 220.00
| 0.00%
| 0.00%
| -10.17%
|
3
| FBNH
| 7.35
| 0.00%
| 1.38%
| 2.80%
|
4
| FIDELITYBK
| 2.35
| -4.08%
| -2.08%
| -6.75%
|
5
| GUARANTY
| 30.30
| -1.94%
| -0.16%
| -6.34%
|
6
| MTNN
| 180.00
| -0.94%
| -1.10%
| 5.94%
|
7
| UBA
| 8.00
| -4.76%
| -2.44%
| -7.51%
|
8
| SEPLAT
| 549.00
| 0.00%
| 10.91%
| 36.47%
|
9
| ZENITHBANK
| 24.10
| -3.60%
| -3.60%
| -2.82%
|
10
| OKOMUOIL
| 93.00
| 0.00%
| 0.00%
| 2.20%
|
11
| BUACEMENT
| 72.00
| 0.00%
| -1.77%
| -6.92%
|
12
| AIRTELAFRI
| 930.00
| 0.00%
| 0.00%
| 9.18%
|
The equities market closed down today due to the losses 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.
