January 20, 2022/InvestmentOne Report
The Nigerian equities market closed northwards by 1.01% as NGX-ASI closed at 45,890.52pts.
In today’s trade, market breadth index was broadly positive with 27 gainers against 9 losers.
NNFM (+9.92%) was the top gainer while DANGSUGAR (-2.74%) led the losers today.
CWG was the most actively traded stock with about 517million units of shares worth about N300million.
Sector Performances
- NGX Industrial Index: Advanced by 2.72%, on the back of gains printed in DANGCEM (+5.52%).
- NGX Banking Index: Rose by 0.36%, on the back of gains printed in JAIZBANK (+6.35%), UNITYBNK (+6.25%), and UBA (+0.61%).
- NGX Consumer Goods Index: Fell by 0.17%, due to the losses recorded in DANGSUGAR (-2.74%), HONYFLOUR (-1.49%) and CHAMPION (-1.25%).
- NGX Oil and Gas Index: Declined by 0.09%, due to the sell pressure recorded in ARDOVA (-2.60%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.80 | 0.51% | 3.16% | 5.38% |
2 | DANGCEM | 284.90 | 5.52% | 5.52% | 10.86% |
3 | FBNH | 12.00 | 0.00% | 0.00% | 5.26% |
4 | FIDELITYBK | 2.70 | 0.00% | 3.85% | 5.88% |
5 | GTCO | 25.50 | 0.20% | 1.19% | -1.92% |
6 | MTNN | 190.00 | 0.00% | 0.00% | -3.55% |
7 | UBA | 8.20 | 0.61% | -0.61% | 1.86% |
8 | SEPLAT | 720.10 | 0.00% | 4.36% | 10.78% |
9 | ZENITHBANK | 25.85 | 0.19% | 1.37% | 2.78% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 0.00% |
11 | BUACEMENT | 71.40 | 0.00% | 4.23% | 6.49% |
12 | AIRTELAFRI | 1155.50 | 0.00% | 10.00% | 20.99% |
The equities market closed positive today due to the gains printed in the Industrial and Banking 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.
