May 18, 2021/InvestmentOne Report
The Nigerian equities market closed negative today as NSE-ASI lost 0.72% to close at 39,022.52pts.
Similarly, in today’s trade, market breadth index was negative with 22 losers against 16 gainers.
INITSPLC (+10.00%) was the top gainer while PORTPAINT (-9.85%) led the losers today.
COURTVILLE was the most actively traded stock with about million units of shares worth about N5.463million.
Sector Performances
- NSE Industrial Index: Closed down by 2.57% on the back of loss in BUACEMENT (-5.71%).
- NSE Consumer Index: Lost 0.05% due to negative sentiment in CHAMPION (-9.68%).
- NSE Oil and Gas Index: Rose by 0.26% as a result of buy-interests in ETERNA (+9.93%) and OANDO (+0.67%).
- NSE Banking Index: Increased by 0.03% on the back of rise in WEMABANK (+5.45%), UBN (+5.26%), STANBIC (+1.56%), and FCMB (+0.33%).
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 8.25
| 0.00%
| -2.37%
| -2.37%
|
2
| DANGCEM
| 215.00
| 0.00%
| 0.00%
| -12.21%
|
3
| FBNH
| 7.15
| -2.72%
| 0.70%
| 0.00%
|
4
| FIDELITYBK
| 2.29
| -3.78%
| -3.78%
| -9.13%
|
5
| GUARANTY
| 29.50
| 0.00%
| -1.67%
| -8.81%
|
6
| MTNN
| 160.00
| 0.00%
| -1.05%
| -5.83%
|
7
| UBA
| 7.35
| 0.00%
| 0.68%
| -15.03%
|
8
| SEPLAT
| 620.00
| 0.00%
| 0.00%
| 54.11%
|
9
| ZENITHBANK
| 23.50
| -0.84%
| -0.84%
| -5.24%
|
10
| OKOMUOIL
| 96.50
| 0.00%
| 0.00%
| 6.04%
|
11
| BUACEMENT
| 72.60
| -5.71%
| -6.80%
| -6.14%
|
12
| AIRTELAFRI
| 930.00
| 0.00%
| 0.00%
| 9.18%
|
The equities market closed down today due to losses in the Industrial and Consumer Goods 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.
