December 10, 2021/InvestmentOne Report
The Nigerian equities market closed northwards by 0.47% as NGX-ASI closed at 41,882.97 pts. Conversely, the NGX-ASI lost 0.68% WTD.
In today’s trade, market breadth index was broadly positive with 24 gainers against 13 losers.
MEYER (+10.00%) led led the gainers, while UNITYBNK (-6.52%) was the top loser today.
CILEASING (-1.50%) was the most actively traded stock with about 146 million units of shares worth about N673 million.
Sector Performances
- NGX Banking Index: Rose by 2.20%, due to the buy-interest recorded in, FIDELITYBK (+4.53%), ETI (+4.02%), ZENITHBANK (+3.87%) and UBA (+1.90%).
- NGX Oil and Gas Index: Increased by 1.30%, on the back of gains printed in SEPLAT (+3.17%).
- NGX Consumer Goods Index: Advanced by 0.24%, as a result of the rise in GUINNESS (+6.85%) and CHAMPION (+6.27%).
- NGX Industrial Index: Inched up by 0.11%, due to the gains recorded in MEYER (+10.00%) and WAPCO (+1.84%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.15 | -0.54% | 2.81% | 8.28% |
2 | DANGCEM | 252.00 | 0.00% | -10.00% | 2.90% |
3 | FBNH | 11.90 | 2.59% | 0.85% | 66.43% |
4 | FIDELITYBK | 2.54 | 4.53% | 1.60% | 0.79% |
5 | GTCO | 26.50 | 3.92% | 9.96% | -18.08% |
6 | MTNN | 174.50 | 0.00% | 4.49% | 2.71% |
7 | UBA | 8.05 | 1.90% | 1.90% | -6.94% |
8 | SEPLAT | 650.10 | 3.17% | 0.02% | 61.60% |
9 | ZENITHBANK | 25.50 | 3.87% | 8.51% | 2.82% |
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 positive today due to the gains printed 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.
