December 15, 2021/InvestmentOne Report
The Nigerian equities market closed in positive territory by 0.09% as NGX-ASI closed at 42,357.36 pts.
In today’s trade, market breadth index was positive with 19 gainers against 13 losers.
REDSTAREX (+7.94%) led the gainers, while ETRANZACT (-9.57%) was the top loser today.
INTBREW (-4.08%) was the most actively traded stock with about 51 million units of shares worth about N253 million.
Sector Performances
- NGX Consumer Goods Index: Rose by 0.22%, on the back of gains printed in VITAFOAM (+2.86%), DANGSUGAR (+2.82%) and NB (+1.05%).
- NGX Banking Index: Fell by 0.20%, due to the losses printed in UNITYBNK (-2.13%), UBN (-2.02%), UBA (-1.90%) and STERLINBANK (-1.32%).
- NGX Industrial Index: Decreased by 0.11%, due to the losses recorded in CUTIX (-4.21%) and WAPCO (-1.61%).
- NGX Oil and Gas Index: Declined by 0.05%, on the back of sell pressure recorded in ARDOVA (-0.74%) and SEPLAT (-0.02%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.00 | 0.00% | -1.64% | 6.51% |
2 | DANGCEM | 255.00 | 0.00% | 1.19% | 4.12% |
3 | FBNH | 12.10 | 0.83% | 1.68% | 69.23% |
4 | FIDELITYBK | 2.53 | 0.00% | -0.39% | 0.40% |
5 | GTCO | 25.60 | 2.40% | -3.40% | -20.87% |
6 | MTNN | 187.00 | 0.11% | 7.16% | 10.06% |
7 | UBA | 7.75 | -1.90% | -3.73% | -10.40% |
8 | SEPLAT | 650.00 | -0.02% | -0.02% | 61.57% |
9 | ZENITHBANK | 24.80 | 0.20% | -2.75% | 0.00% |
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 northwards today due to the gains printed in the Consumer Goods sector. 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.
