May 5, 2021/InvestmentOne Report
The Nigerian equities market closed negative today as NSE-ASI shed 0.87% to close at 39,532.92pts.
In today’s trade, market breadth index was negative with 22 losers against 16 gainers .
STANBIC (-10.00%) led the losers today while LASACO (+9.62%) was the top gainer.
FBNH (-1.35%) was the most actively traded stock with about 71.28million units of shares worth about N523.78million.
Sector Performances
- NSE Banking Index: Shed 1.69% on the back of downtrends in STANBIC (-10.00%), GUARANTY (-3.65%), ZENITHBANK (-3.18%), WEMABANK (-1.64%) and FIDELITYBK (-0.44%).
- NSE Consumer Index: Declined by 0.52% due to negative sentiment in UNILEVER (-8.21%), INTBREW (-7.02%) and PZ (-3.77%).
- NSE Oil and Gas Goods Index: Lost by 0.15% due to the sell-offs in OANDO (-1.96%).
- NSE Industrial Index: Gained 0.29% as a result of buy-interest in WAPCO (+5.24%).
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 7.70
| 3.36%
| 5.48%
| -8.88%
|
2
| DANGCEM
| 217.00
| 0.00%
| 0.00%
| -11.39%
|
3
| FBNH
| 7.30
| -1.35%
| 5.80%
| 2.10%
|
4
| FIDELITYBK
| 2.24
| -0.44%
| -0.44%
| -11.11%
|
5
| GUARANTY
| 29.00
| -3.65%
| -3.65%
| -10.36%
|
6
| MTNN
| 169.90
| -2.36%
| -2.86%
| 0.00%
|
7
| UBA
| 7.20
| 0.00%
| -1.37%
| -16.76%
|
8
| SEPLAT
| 549.50
| -3.60%
| -3.60%
| 36.59%
|
9
| ZENITHBANK
| 21.30
| -3.18%
| -4.27%
| -14.11%
|
10
| OKOMUOIL
| 103.00
| 0.00%
| 3.00%
| 13.19%
|
11
| BUACEMENT
| 77.90
| 0.00%
| 0.00%
| 0.71%
|
12
| AIRTELAFRI
| 930.00
| 0.00%
| 0.00%
| 9.18%
|
The equities market closed down today due to losses 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.
