—–Boosted by Gains in Banking, Consumer Goods, Oil & Gas Sectors
November 22, 2021/InvestmentOne Report
The Nigerian equities market closed positive by 0.17% as NGX-ASI closed at 43,260.13 pts.
In today’s trade, market breadth index was positive with 18 gainers against 16 losers.
HONYFLOUR (+9.73%) led the gainers, while TIP (-9.76%) was the top loser today.
OANDO (+5.97%) was the most actively traded stock with about 1.97 billion units of shares worth about N11.83 billion.
Sector Performances
NGX Oil and Gas Index: Rose by 1.27%, on the back of gains recorded in OANDO (+5.97%) and CONOIL (+2.53%).
- NGX Banking Index: Increased by 0.76%, due to the buy-interest recorded in ZENITHBANK (+1.26%), FIDELITY (+1.17%), ETI (+1.16%) and ACCESS (+1.11%).
- NGX Consumer Goods Index: Inched up by 0.01%, as a result of the rise recorded in HONYFLOUR (+9.73%), CHAMPION (+3.83%) and PZ (+1.67%).
- NGX Industrial Index: Declined by 0.14%, due to the losses recorded in CUTIX (-3.43%) and WAPCO (-2.20%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.10 | 1.11% | 1.11% | 7.69% |
2 | DANGCEM | 280.00 | 0.00% | 0.00% | 14.33% |
3 | FBNH | 12.30 | 6.49% | 6.49% | 72.03% |
4 | FIDELITYBK | 2.60 | 1.17% | 1.17% | 3.17% |
5 | GTCO | 25.45 | 0.20% | 0.20% | -21.33% |
6 | MTNN | 190.00 | 0.00% | 0.00% | 11.83% |
7 | UBA | 8.20 | 0.00% | 0.00% | -5.20% |
8 | SEPLAT | 721.20 | 0.00% | 0.00% | 79.27% |
9 | ZENITHBANK | 24.20 | 1.26% | 1.26% | -2.42% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 56.04% |
11 | BUACEMENT | 74.50 | 0.00% | 0.00% | -3.68% |
12 | AIRTELAFRI | 915.00 | 0.00% | 0.00% | 7.42% |
The equities market closed positive today due to the gains printed in the Oil and Gas, Banking and Consumer Goods 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.
