November 16, 2021/InvestmentOne Report
The Nigerian equities market closed positive by 0.49% as NGX-ASI closed at 43,444.20 pts.
In today’s trade, market breadth index was neutral with 18 gainers against18 losers.
CUTIX (+8.33%) led the gainers, while TOTAL (-9.97%) was the top loser today.
FBNH (+1.63%) was the most actively traded stock with about 81million units of shares worth about N2.76 billion.
Sector Performances
- NGX Banking Index: Rose by 0.11%, due to the buy-interests recorded in WEMABANK (+2.41%), UBA (+1.83%), JAIZBANK (+1.56%) and STERLNBANK (+0.67%).
- NGX Industrial Index: Inched up by 0.01%, due to the gain recorded in CUTIX(+8.33%).
- NGX Oil and Gas Index: Fell by 2.49%, due to the sell-offs recorded in TOTAL (-9.97%) and SEPLAT (-1.41%).
- NGX Consumer Goods Index: Decreased by 0.38%, due to the losses recorded in GUINNESS (-2.67%), PZ (-0.82%) and NESTLE (-0.71%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.35 | -0.53% | 0.00% | 10.65% |
2 | DANGCEM | 280.00 | 0.00% | 0.00% | 14.33% |
3 | FBNH | 12.50 | 1.63% | 4.17% | 74.83% |
4 | FIDELITYBK | 2.66 | 0.00% | 0.00% | 5.56% |
5 | GTCO | 26.90 | -2.18% | -2.00% | -16.85% |
6 | MTNN | 190.00 | 0.00% | -0.52% | 11.83% |
7 | UBA | 8.35 | 1.83% | -1.18% | -3.47% |
8 | SEPLAT | 721.20 | -1.41% | -1.41% | 79.27% |
9 | ZENITHBANK | 24.05 | 0.00% | 0.21% | -3.02% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 56.04% |
11 | BUACEMENT | 74.50 | 0.00% | 0.00% | -3.68% |
12 | AIRTELAFRI | 910.00 | 4.39% | 4.39% | 6.83% |
The equities market closed positive today due to the gains printed in AIRTELAFRI, Banking and Industrial sectors. 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.
Please click here to download today’s price list.
