April 19, 2021/InvestmentOne Report
The Nigerian equities market closed positive today as NSE-ASI gained by 0.12% to close at 38,849.54pts.
Similarly, market breadth index was positive with 18 gainers against 12 losers.
FCMB (+9.77%) was the top gainer, while FTNCOCOA (-10.00%) led the losers today.
MTNN(+0.18%) was the most actively traded stock with about 181.73million units of shares worth about N29.68billion.
Sector Performances
- NSE Oil and Gas Index: Gained 1.19% on account of buy-interest in OANDO (+2.65%).
- NSE Banking Index: Rose by 0.34% due to uptrends in UBN (+2.15%), UBA (+1.44%), GUARANTY (+1.20%), and ZENITHBANK (+0.70%).
- NSE Consumer Goods Index: Inched up by 0.08% due to positive sentiment in HONYFLOUR (+9.24%), UACN (+8.50%), and INTBREW (+1.82%).
- NSE Industrial Index: Closed Flat.
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 7.50
| -1.32%
| -1.32%
| -11.24%
|
2
| DANGCEM
| 220.00
| 0.00%
| 0.00%
| -10.17%
|
3
| FBNH
| 7.65
| 0.66%
| 0.66%
| 6.99%
|
4
| FIDELITYBK
| 2.10
| -12.50%
| -12.50%
| -16.67%
|
5
| GUARANTY
| 29.50
| 1.20%
| 1.20%
| -8.81%
|
6
| MTNN
| 163.30
| 0.18%
| 0.18%
| -3.88%
|
7
| UBA
| 7.05
| 1.44%
| 1.44%
| -18.50%
|
8
| SEPLAT
| 550.00
| 0.00%
| 0.00%
| 36.71%
|
9
| ZENITHBANK
| 21.65
| 0.70%
| 0.70%
| -12.70%
|
10
| OKOMUOIL
| 90.00
| 0.00%
| 0.00%
| -1.10%
|
11
| BUACEMENT
| 72.70
| 0.00%
| 0.00%
| -6.01%
|
12
| AIRTELAFRI
| 930.00
| 0.00%
| 0.00%
| 9.18%
|
The equities market closed up today due to the gains recorded in most sectors and MTNN. 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.
