May 7, 2021/InvestmentOne Report
The Nigerian equities market closed positive today as NSE-ASI gained 0.21% to close at 39,196.87pts. However, NSE-ASI lost 1.60% WTD.
In today’s trade, market breadth index was positive with 25 gainers against 16 losers.
LINKASSURE (+9.52%) was the top gainer while NEM (-9.50%) led the losers today.
ACCESS (+0.62%) was the most actively traded stock with about 40.47million units of shares worth about N327.96million.
Sector Performances
- NSE Oil and Gas Goods Index: Increased by 2.00% due to the buy-interest in OANDO (+3.33%) and SEPLAT (+2.58%).
- NSE Banking Index: Gained 1.11% on the back of uptrends in UBN (+9.09%), ZENITHBANK (+1.14%), FIDELITYBK (+0.90), GUARANTY (+0.86%) and ACCESS (+0.62%).
- NSE Consumer Index: Inched up by 0.05% due to positive sentiment in CADBURY (+7.69%), HONYFLOUR (+3.48%) and DANGSUGAR (+0.85%).
- NSE Industrial Index: Lost 0.12% as a result of sell-offs in WAPCO (-2.14%).
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 8.15
| 0.62%
| 11.64%
| -3.55%
|
2
| DANGCEM
| 211.60
| 0.00%
| -2.49%
| -13.60%
|
3
| FBNH
| 7.35
| 0.00%
| 6.52%
| 2.80%
|
4
| FIDELITYBK
| 2.24
| 0.90%
| -0.44%
| -11.11%
|
5
| GUARANTY
| 29.25
| 0.86%
| -2.82%
| -9.58%
|
6
| MTNN
| 162.00
| 0.00%
| -7.38%
| -4.65%
|
7
| UBA
| 7.15
| -0.69%
| -2.05%
| -17.34%
|
8
| SEPLAT
| 620.00
| 2.58%
| 8.77%
| 54.11%
|
9
| ZENITHBANK
| 22.20
| 1.14%
| -0.22%
| -10.48%
|
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 up today due to gains 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
