April 28, 2021/InvestmentOne Report
The Nigerian equities market closed somewhat flat today as NSE-ASI shed 0.01% to close at 39,301.81pts.
In today’s trade, market breadth index was negative with 23 losers against 18 gainers .
FTNCOCOA (-10.00%) led the losers today while CHIPLC (+10.00%) was the top gainer.
FBNH was the most actively traded stock with about 69.48million units of shares worth about N514.30million.
Sector Performances
- NSE Banking Index: Lost 0.19% due to sell-offs in WEMABANK (-3.23%), ACCESS (-1.34%) and GUARANTY (-0.48%).
- NSE Consumer Index: Declined 0.11% as a result of downtrends in INTBREW (-8.77%), PZ (-7.41%) and GUINNESS (-5.75%).
- NSE Industrial Index: Shed 0.03% due to negative sentiment in WAPCO (-0.34%).
- NSE Oil and Gas Goods Index: Rose by 1.98% on the back of gain in SEPLAT (+3.64%).
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 7.35
| -1.34%
| -2.00%
| -13.02%
|
2
| DANGCEM
| 204.00
| -7.27%
| -7.27%
| -16.70%
|
3
| FBNH
| 7.40
| 0.00%
| -0.67%
| 3.50%
|
4
| FIDELITYBK
| 2.29
| 1.33%
| 2.69%
| -9.13%
|
5
| GUARANTY
| 31.00
| -0.48%
| -0.64%
| -4.17%
|
6
| MTNN
| 165.00
| 0.00%
| 0.00%
| -2.88%
|
7
| UBA
| 7.40
| 0.00%
| -1.33%
| -14.45%
|
8
| SEPLAT
| 570.00
| 3.64%
| 3.64%
| 41.69%
|
9
| ZENITHBANK
| 22.10
| 0.00%
| -0.90%
| -10.89%
|
10
| OKOMUOIL
| 95.00
| 0.00%
| 5.56%
| 4.40%
|
11
| BUACEMENT
| 72.70
| 0.00%
| 0.00%
| -6.01%
|
12
| AIRTELAFRI
| 930.00
| 0.00%
| 0.00%
| 9.18%
|
The equities market closed down today due to losses 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.
