January 7, 2022/InvestmentOne Report
The Nigerian equities market closed northwards by 0.57% as NGX-ASI closed at 43,854.42pts. Similarly, the NGX-ASI closed up by 2.66% WTD.
In today’s trade, market breadth index was broadly positive with 31 gainers against 9 losers.
MEYER (+10.00%) led the gainers, while CHIPLC (-9.59%) was the top loser today.
BUAFOODS (+9.92%) was the most actively traded stock with about 205million units of shares worth about N10billion.
Sector Performances
- NGX Oil and Gas Index: Advanced by 0.98%, on the back of the buy-interest recorded in ARDOVA (+9.92%) and OANDO (+3.04%).
- NGX Banking Index: Rose by 0.44%, as a result of the gains printed in WEMABANK (+8.97%), UNITYBNK (+6.38%), UBN (+3.57%), STERLNBNK (+2.67%), FIDELITY (+0.40%) and ZENITHBANK (+0.20%).
- NGX Industrial Index: Increased by 0.26%, due to the rise in MEYER (+10.00%), WAPCO (+3.61%) and CAP (+0.26%).
- NGX Consumer Goods Index: Inched up by 0.19%, on the back gains recorded in PZ (+9.84%) and GUINNESS (+2.31%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.50 | 0.00% | 2.15% | 2.15% |
2 | DANGCEM | 250.00 | 0.00% | -2.72% | -2.72% |
3 | FBNH | 11.85 | 3.04% | 3.95% | 3.95% |
4 | FIDELITYBK | 2.51 | 0.40% | -1.57% | -1.57% |
5 | GTCO | 25.80 | -0.39% | -0.77% | -0.77% |
6 | MTNN | 197.00 | 0.00% | 0.00% | 0.00% |
7 | UBA | 8.00 | -1.23% | -0.62% | -0.62% |
8 | SEPLAT | 665.00 | 0.00% | 2.31% | 2.31% |
9 | ZENITHBANK | 25.40 | 0.20% | 0.99% | 0.99% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 0.00% |
11 | BUACEMENT | 69.00 | 0.00% | 2.91% | 2.91% |
12 | AIRTELAFRI | 1050.50 | 0.00% | 10.00% | 10.00% |
The equities market closed in the green territory today due to the gains recorded in 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.
