December 31, 2021/InvestmentOne Report
The Nigerian equities market closed positively by 2.16% as NGX-ASI closed at 42,716.44 pts. Similarly, YTD performance settled at 6.07%.
In today’s trade, market breadth index was broadly positive with 31 gainers against 15 losers.
ROYALEX (+10.00%) led the gainers, while NEM (-10.00%) was the top loser today.
FBNH (-0.87%) was the most actively traded stock with about 78million units of shares worth about N888million.
Sector Performances
- NGX Consumer Goods Index: Rose by 6.69%, due to the buy-interest recorded in NESTLE (+10.00%), UNILEVER (+8.21%), DANGSUGAR (+5.45%), INTBREW (+5.32%) and NB (+4.17%).
- NGX Banking Index: Advanced by 0.66%, as a result of the gains printed in UNITYBNK (+3.85%), ACCESS (+2.20%), STERLNBANK(+0.67%), UBA (+0.63%) and ZENITHBANK (+0.60%).
- NGX Oil and Gas Index: Increased by 0.21%, on the back of the rise seen in OANDO(+1.14%).
- NGX Industrial Index: Inched up by 0.07%, due to gain printed in WAPCO (+1.05%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.30 | 2.20% | 5.08% | 10.06% |
2 | DANGCEM | 257.00 | 0.00% | 0.00% | 4.94% |
3 | FBNH | 11.40 | -0.87% | -0.87% | 59.44% |
4 | FIDELITYBK | 2.55 | 0.00% | -1.92% | 1.19% |
5 | GTCO | 26.00 | 0.00% | 0.97% | -19.63% |
6 | MTNN | 197.00 | 8.24% | 7.83% | 15.95% |
7 | UBA | 8.05 | 0.63% | 1.90% | -6.94% |
8 | SEPLAT | 650.00 | 0.00% | 0.00% | 61.57% |
9 | ZENITHBANK | 25.15 | 0.60% | 3.07% | 1.41% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 56.04% |
11 | BUACEMENT | 67.05 | 0.00% | -10.00% | -13.32% |
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 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.
