September 22, 2021/InvestmentOne Report
The Nigerian equities market closed down today by 0.05% as NGX-ASI closed at 38,852.69
In today’s trade, market breadth index was negative with 17 losers against 13 gainers.
TRANSCOHOT (+10.00%) was the top gainer while VERITASKAP (-8.70%) led the losers today.
UNIVINSURE was the most actively traded stock with about 19million units of shares worth about N4million.
Sector Performances
- NGX Banking Index: Declined by 0.83%, due to the decrease in ACCESS (-3.37%), UBN (-1.00%), FCMB (-0.67%), UBA (-0.65%) and ZENITHBANK (-0.22%)
- NGX Consumer Goods Index: Decreased by 0.02%, due to the decline in VITAFOAM (-1.96%)
- NGX Oil and Gas Index: Increased by 0.50%, due to the buy interest in CONOIL (+9.84%)
- NGX Industrial Index: Rose by 0.01% due to the gains recorded in WAPCO (+0.22%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 8.60 | -3.37% | -4.44% | 1.78% |
2 | DANGCEM | 245.00 | 0.00% | 0.00% | 0.04% |
3 | FBNH | 7.50 | 0.00% | 0.00% | 4.90% |
4 | FIDELITYBK | 2.41 | 0.42% | -0.82% | -4.37% |
5 | GTCO | 27.05 | -0.18% | -3.39% | -16.38% |
6 | MTNN | 175.00 | 0.00% | 0.00% | 3.00% |
7 | UBA | 7.60 | -0.65% | 0.00% | -12.14% |
8 | SEPLAT | 710.00 | 0.00% | 0.00% | 76.49% |
9 | ZENITHBANK | 22.90 | -0.22% | -3.78% | -7.66% |
10 | OKOMUOIL | 104.00 | 0.00% | 0.00% | 14.29% |
11 | BUACEMENT | 68.00 | 0.00% | 0.00% | -12.09% |
12 | AIRTELAFRI | 715.00 | 0.00% | 0.00% | -16.06% |
The equities market closed down today due to the loss in the Banking and Consumer Goods Sector. Going forward, we expect investor’s sentiments to be swayed by the search for real positive returns and developments in the interest rate space. We reiterate that this may be a great period to pick up some quality names with a medium to long-term investment horizon.
