June 15, 2021/InvestmentOne Report
The Nigerian equities market closed negative today as NSE-ASI lost 1.66% to close at 38,507.33pts.
In today’s trade, market breadth index was negative with 19 gainers against 26 losers.
CWG (+9.73%) was the top gainer while AIRTELAFRI (-10.00%) led the losers today
ACCESS (+3.05%) was the most actively traded stock with about 43million units of shares worth about N359.5million.
Sector Performances
- NSE Consumer Index: Declined by 0.18% due to the losses in PZ (-3.33%), UACN (-2.06%), INTBREW (-1.82%) and FLOURMILL (-1.00%).
- NSE Banking Index: Advanced by 0.16% on the back of gains in ACCESS (+3.05%), ETI (+1.92%), FIDELITYBK (+0.89%) and ZENITHBANK (+0.86%).
- NSE Oil and Gas Index: Gained 0.13% on the back of buy-interest in OANDO (+1.69%).
- NSE Industrial Index: Closed flat.
Performance of key stocks
S/N
| Stock
| Current Price (N)
| 1-day change (%)
| Week to date change (%)
| Year to date change (%)
|
1
| ACCESS
| 8.45
| 3.05%
| 3.05%
| 0.00%
|
2
| DANGCEM
| 230.00
| 0.00%
| 0.00%
| -6.08%
|
3
| FBNH
| 7.20
| 0.00%
| 0.00%
| 0.70%
|
4
| FIDELITYBK
| 2.26
| 0.89%
| 0.89%
| -10.32%
|
5
| GUARANTY
| 28.50
| -1.38%
| -1.38%
| -11.90%
|
6
| MTNN
| 163.00
| 0.18%
| 0.18%
| -4.06%
|
7
| UBA
| 7.10
| -0.70%
| -0.70%
| -17.92%
|
8
| SEPLAT
| 690.00
| 0.00%
| 0.00%
| 71.51%
|
9
| ZENITHBANK
| 23.35
| 0.86%
| 0.86%
| -5.85%
|
10
| OKOMUOIL
| 105.50
| -9.44%
| -9.44%
| 15.93%
|
11
| BUACEMENT
| 74.00
| 0.00%
| 0.00%
| -4.33%
|
12
| AIRTELAFRI
| 753.30
| -10.00%
| -10.00%
| -11.56%
|
The equities market closed down today due to the losses in AIRTELAFRI and some Consumer names. 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.
