April 6, 2021/InvestmentOne Report
The Nigerian equities market closed down today as NSE-ASI lost 0.39% to close at 38,766.61pts.
In today’s trade, market breadth index was negative with 21 losers against 14 gainers.
MRS (-9.92%) was the top loser today, while ETERNA (+9.91%) led the green campaign.
UACN (-1.52%) was the most actively traded stock with about 34.05million units of shares worth about 338million.
Sector Performances
- NSE Banking Index: Lost 1.67%, on account of sell-offs in STERLNBANK (-8.65%), JAIZBANK (-4.76%), GUARANTY (-3.34%), ZENITHBANK(-0.90%) and UBA (-0.71%).
- NSE Industrial Index: Shed 0.52%, due to the loss in BUACEMENT(-1.09%) and WAPCO (-0.69%).
- NSE Consumer Goods Index: Fell by 0.39% on the back of negative sentiment in GUINNESS (-8.08%), INTBREW (-1.72%) and UNILEVER (-0.75%).
- NSE Oil and Gas Index: Declined by 0.11% as a result of downtrend in OANDO (-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
| 0.00%
| 0.00%
| -4.14%
|
2
| DANGCEM
| 215.00
| 0.00%
| 0.00%
| -12.21%
|
3
| FBNH
| 7.30
| 0.69%
| 0.69%
| 2.10%
|
4
| FIDELITYBK
| 2.59
| 0.39%
| 0.39%
| 2.78%
|
5
| GUARANTY
| 28.95
| -3.34%
| -3.34%
| -10.51%
|
6
| MTNN
| 160.20
| 0.00%
| 0.00%
| -5.71%
|
7
| UBA
| 7.00
| -0.71%
| -0.71%
| -19.08%
|
8
| SEPLAT
| 550.00
| 0.00%
| 0.00%
| 36.71%
|
9
| ZENITHBANK
| 21.90
| -0.90%
| -0.90%
| -11.69%
|
10
| OKOMUOIL
| 90.00
| 0.00%
| 0.00%
| -1.10%
|
11
| BUACEMENT
| 72.70
| -1.09%
| -1.09%
| -6.01%
|
12
| AIRTELAFRI
| 930.00
| 0.00%
| 0.00%
| 9.18%
|
The equities market closed down today due to the losses recorded in all 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.
