April 20, 2021/InvestmentOne Report
The Nigerian equities market closed positive today as NSE-ASI gained by 0.41% to close at 39,008.82pts.
In the same vein, market breadth index was positive with 24 gainers against 12 losers.
PZ (+10.00%) was the top gainer, while ROYALEX (-10.00%) led the losers today.
FIDELITY(+3.81%) was the most actively traded stock with about 125.26million units of shares worth about N265.64million.
Sector Performances
- NSE Banking Index: Surged by 1.69% due to buy-interests in STERLNBANK (+4.90%), ZENITHBANK (+2.77%), WEMABANK (+1.75%), and GUARANTY (+1.69%).
- NSE Consumer Goods Index: Gained 0.38% on the back of positive sentiment in PZ (+10.00%), HONYFLOUR (+10.00%), INTBREW (+1.79%), and DANGSUGAR (+1.49%).
- NSE Oil and Gas Index: Declined by 0.45% on account of sell-off in OANDO (-1.61%).
- 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
| 0.00%
| -1.32%
| -11.24%
|
2
| DANGCEM
| 220.00
| 0.00%
| 0.00%
| -10.17%
|
3
| FBNH
| 7.65
| 0.00%
| 0.66%
| 6.99%
|
4
| FIDELITYBK
| 2.18
| 3.81%
| -9.17%
| -13.49%
|
5
| GUARANTY
| 30.00
| 1.69%
| 2.92%
| -7.26%
|
6
| MTNN
| 165.00
| 1.04%
| 1.23%
| -2.88%
|
7
| UBA
| 7.10
| 0.71%
| 2.16%
| -17.92%
|
8
| SEPLAT
| 550.00
| 0.00%
| 0.00%
| 36.71%
|
9
| ZENITHBANK
| 22.25
| 2.77%
| 3.49%
| -10.28%
|
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 Banking sector 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.
