November 25, 2021/InvestmentOne Report
The Nigerian equities market closed southwards by 0.32%, as NGX-ASI closed at 43,108.77 pts.
In today’s trade, market breadth index was broadly negative with 24 losers against 14 gainers.
MRS (-9.87%) was the top loser, while HONYFLOUR (+9.76%) led the gainers today.
HONYFLOUR (+9.76%) was the most actively traded stock with about 52 million units of shares worth about N210 million.
Sector Performances
- NGX Oil and Gas Index: Dipped by 1.64%, due to the sell-off recorded in SEPLAT (-3.63%) and OANDO (-0.20%).
- NGX Banking Index: Fell by 1.16%, on the back of losses printed in ETI (-8.57%), UNITYBNK (-7.27%), UBN (-4.04%), STERLNBANK (-0.67%) and ACCESS (-0.55%).
- NGX Consumer Goods Index: Dropped by 1.06%, due to the decline in NB (-5.14%), INTBREW (-1.90%), CADBURY (-1.60%) and UNILEVER (-0.36%).
- NGX Industrial Index: Decreased by 0.01%, as a result of the loss recorded in CUTIX (-6.56%).
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 | -0.55% | 1.11% | 7.69% |
2 | DANGCEM | 280.00 | 0.00% | 0.00% | 14.33% |
3 | FBNH | 12.00 | 0.00% | 3.90% | 67.83% |
4 | FIDELITYBK | 2.56 | 0.39% | -0.39% | 1.59% |
5 | GTCO | 25.00 | -1.57% | -1.57% | -22.72% |
6 | MTNN | 190.00 | 0.00% | 0.00% | 11.83% |
7 | UBA | 8.15 | 0.00% | -0.61% | -5.78% |
8 | SEPLAT | 695.00 | -3.63% | -3.63% | 72.76% |
9 | ZENITHBANK | 24.45 | 0.00% | 2.30% | -1.41% |
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 in the negative territory today due to the losses recorded across major 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.
