Nigerian Stocks Open Week Positive -0.10% on Gains Across Sectors

December 20, 2021/InvestmentOne Report

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

The Nigerian equities market closed northwards by 0.10% as NGX-ASI closed at 42,394.71 pts.

 

In today’s trade, market breadth index was positive with 21 gainers against 11 losers. 

NEIMETH (+9.82%)  led the gainers, while CILEASING (-8.70%) was the top loser today. 

FBNH (+1.24%)  was the most actively traded stock with about 20million units of shares worth about N244million.

 

Sector Performances

 

 

  • NGX Industrial Index: Increased by 0.31%, due to buy interest recorded in DANGCEM (+0.59%).
  • NGX Banking Index: Inched up by 0.29%, due to the buy interest recorded in UBN (+5.43%), WEMABANK (+5.26%), UNITYBNK (+4.44%) and ZENITHBANK (+0.20%).
  • NGX Consumer Goods Index:  Rose by 0.03%, due to the gains printed in HONYFLOUR (+1.47%)CADBURY (+1.15%)  and CHAMPION (+0.43%). 
  • NGX Oil and Gas Index: Fell by 0.41%, on the back of the loss printed in OANDO (-2.13%).

 

Performance of key stocks

S/N

Stock

Current Price (N)

1-day change (%)

Week to date change (%)

Year to date change (%)

1

ACCESS

9.05

0.00%

0.00%

7.10%

2

DANGCEM

256.50

0.59%

0.59%

4.74%

3

FBNH

12.20

1.24%

1.24%

70.63%

4

FIDELITYBK

2.52

0.00%

0.00%

0.00%

5

GTCO

25.80

0.78%

0.78%

-20.25%

6

MTNN

185.90

-0.59%

-0.59%

9.42%

7

UBA

8.00

0.00%

0.00%

-7.51%

8

SEPLAT

650.00

0.00%

0.00%

61.57%

9

ZENITHBANK

24.85

0.20%

0.20%

0.20%

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 positive territory today due to the gains recorded across major 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.

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