April 21, 2021/InvestmentOne Report
The Nigerian equities market closed positive today as NSE-ASI gained by 0.29% to close at 39,121.95pts.
In today’s trade, market breadth index was marginally positive with 22 gainers against 21 losers.
CONOIL (+9.97%) was the top gainer, while GUINNESS (-9.89%) led the losers today.
ACCESS was the most actively traded stock with about 28.18million units of shares worth about N213.19million.
Sector Performances
- NSE Banking Index: Advanced by 2.25% due to buy-interests in STERLNBANK (+6.67%), JAIZBANK (+5.00%), GUARANTY (+4.17%), and ZENITHBANK (+0.22%).
- NSE Industrial Index: Rose by 0.39% as a result of gains in WAPCO (+6.83%).
- NSE Oil and Gas Goods Index: Gained 0.34% on the back of positive sentiment in CONOIL (+9.97%) and ETERNA (+9.48%).
- NSE Consumer Index: Declined by 0.35% on account of sell-off in GUINNESS (-9.89%), INTBREW (-0.88%) and HONYFLOUR (-0.70%).
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
| 7.30
| -4.58%
| -3.95%
| 2.10%
|
4
| FIDELITYBK
| 2.26
| 3.67%
| -5.83%
| -10.32%
|
5
| GUARANTY
| 31.25
| 4.17%
| 7.20%
| -3.40%
|
6
| MTNN
| 165.00
| 0.00%
| 1.23%
| -2.88%
|
7
| UBA
| 7.25
| 2.11%
| 4.32%
| -16.18%
|
8
| SEPLAT
| 550.00
| 0.00%
| 0.00%
| 36.71%
|
9
| ZENITHBANK
| 22.30
| 0.22%
| 3.72%
| -10.08%
|
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. 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.
