November 23, 2021/InvestmentOne Report
The Nigerian equities market closed negative by 0.01% as NGX-ASI closed at 43,255.14 pts.
In today’s trade, market breadth index was positive with 19 gainers against 15 losers.
UPDC (-9.35%) was the top loser, while HONYFLOUR (+9.95%) led the gainers today.
GTCO (-0.20%) was the most actively traded stock with about 36 million units of shares worth about N920 million.
Sector Performances
- NGX Oil and Gas Index: Fell by 0.20%, due to the sell-off recorded in OANDO (-0.97%).
- NGX Consumer Goods Index: Declined by 0.16%, on the back of losses printed in INTBREW (-2.73%) and DANGSUGAR (-1.21%).
- NGX Banking Index: Advanced by 0.21%, as a result of the gains printed in WEMABANK (+2.47%), ACCESS (+1.65%), UBN (+1.02%) and ETI (+0.57%).
- NGX 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 | 9.25 | 1.65% | 2.78% | 9.47% |
2 | DANGCEM | 280.00 | 0.00% | 0.00% | 14.33% |
3 | FBNH | 12.30 | 0.00% | 6.49% | 72.03% |
4 | FIDELITYBK | 2.50 | -3.85% | -2.72% | -0.79% |
5 | GTCO | 25.40 | -0.20% | 0.00% | -21.48% |
6 | MTNN | 190.00 | 0.00% | 0.00% | 11.83% |
7 | UBA | 8.15 | -0.61% | -0.61% | -5.78% |
8 | SEPLAT | 721.20 | 0.00% | 0.00% | 79.27% |
9 | ZENITHBANK | 24.20 | 0.00% | 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 down today due to the losses recorded in the Oil and Gas 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.
