December 7, 2021/InvestmentOne Report
The Nigerian equities market closed positively by 0.02%, as NGX-ASI closed at 42,018.92 pts.
In today’s trade, market breadth index was marginally positive with 20 gainers against 19 losers.
GLAXOSMITH (-9.32%) was the top loser, while ABBEYBDS (+9.47%) led the gainers today.
FBNH (-1.71%) was the most actively traded stock with about 364 million units of shares worth about N4.11 billion.
Sector Performances
- NGX Banking Index: Rose by 1.13%, on the back of gains printed in ZENITHBANK (+2.13%), FIDELITYBK (+1.69%), ETI (+1.87%) and UBA (+0.67%).
- NGX Industrial Index: Increased by 0.29%, due to the buy-interest recorded in MEYER (+8.33%) and WAPCO (+5.41%).
- NGX Oil and Gas Index: Decreased by 2.70%, on the back of the losses printed in SEPLAT (-5.38%) and OANDO (-2.17%).
- NGX Consumer Goods Index: Fell by 0.52%, as a result of the decline in DANGSUGAR (-3.23%), HONYFLOUR (-2.31%), FLOURMILL (-2.25%), INTBREW (-2.00%) and UNILEVER (-4.00%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 8.70 | 0.00% | -2.25% | 2.96% |
2 | DANGCEM | 280.00 | 0.00% | 0.00% | 14.33% |
3 | FBNH | 11.50 | -1.71% | -2.54% | 60.84% |
4 | FIDELITYBK | 2.40 | 1.69% | -4.00% | -4.76% |
5 | GTCO | 24.15 | 0.84% | 0.21% | -25.35% |
6 | MTNN | 167.00 | 0.00% | 0.00% | -1.71% |
7 | UBA | 7.55 | 0.67% | -4.43% | -12.72% |
8 | SEPLAT | 615.00 | -5.38% | -5.38% | 52.87% |
9 | ZENITHBANK | 24.00 | 2.13% | 2.13% | -3.23% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 56.04% |
11 | BUACEMENT | 74.50 | 0.00% | 0.00% | -3.68% |
12 | AIRTELAFRI | 955.00 | 0.00% | 0.00% | 12.12% |
The equities market closed in the positive territory today due to the gains recorded in the 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.
