December 6, 2021/InvestmentOne Report
The Nigerian equities market closed negatively by 0.38%, as NGX-ASI closed at 42,008.60 pts.
In today’s trade, market breadth index was broadly negative with 24 losers against 10 gainers.
WAPCO (-9.94%) was the top loser, while ROYALEX (+9.43%) led the gainers today.
FBNH (-0.85%) was the most actively traded stock with about 129 million units of shares worth about N1.51 billion.
Sector Performances
- NGX Banking Index: Dipped by 1.37%, on the back of losses printed in FIDELITYBK (-5.60%), UBA (-5.06%), ACCESS (-2.25%) and STERLNBANK (-0.68%).
- NGX Consumer Goods Index: Fell by 0.34%, as a result of the decline in VITAFOAM (-8.68%), UNILEVER (-4.00%), DANGSUGAR (-3.13%) and HONYFLOUR (-1.14%).
- NGX Industrial Index: Increased by 0.58%, due to the sell-off recorded in WAPCO (-9.94%).
- NGX Oil and Gas Index: Decreased by 0.11%, on the back of the loss printed in ETERNA (-4.13%).
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 | -2.25% | -2.25% | 2.96% |
2 | DANGCEM | 280.00 | 0.00% | 0.00% | 14.33% |
3 | FBNH | 11.70 | -0.85% | -0.85% | 63.64% |
4 | FIDELITYBK | 2.36 | -5.60% | -5.60% | -6.35% |
5 | GTCO | 23.95 | -0.62% | -0.62% | -25.97% |
6 | MTNN | 167.00 | 0.00% | 0.00% | -1.71% |
7 | UBA | 7.50 | -5.06% | -5.06% | -13.29% |
8 | SEPLAT | 650.00 | 0.00% | 0.00% | 61.57% |
9 | ZENITHBANK | 23.50 | 0.00% | 0.00% | -5.24% |
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 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.
