January 21, 2022/InvestmentOne Report
The Nigerian equities market closed northwards by 0.15% as NGX-ASI closed at 45,957.35pts. Similarly, the NGX-ASI gained 3.38% WTD.
In today’s trade, market breadth index was positive with 21 gainers against 14 losers.
NNFM (+9.72%) was the top gainer while REGALINS (-4.55%) led the losers today
TRANSCORP (+4.85%) was the most actively traded stock with about 35million units of shares worth about N38million.
Sector Performances
- NGX Oil and Gas Index: Advanced by 2.55%, due to the buy interest recorded in SEPLAT (+4.86%) and OANDO (+0.21%).
- NGX Consumer Goods Index: Rose by 0.33%, due to the gains recorded in NNFM (+9.72%), VITAFOAM (+5.46%), and NB (+1.48%).
- NGX Banking Index: Fell by 0.11%, on the back of losses printed in UNITYBNK (-1.96%), FIDELITY (-1.48%), and WEMABANK (-1.16%).
- NGX Industrial Index: closed flat.
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.75 | -0.51% | 2.63% | 4.84% |
2 | DANGCEM | 284.90 | 0.00% | 5.52% | 10.86% |
3 | FBNH | 12.00 | 0.00% | 0.00% | 5.26% |
4 | FIDELITYBK | 2.66 | -1.48% | 2.31% | 4.31% |
5 | GTCO | 25.80 | 1.18% | 2.38% | -0.77% |
6 | MTNN | 190.00 | 0.00% | 0.00% | -3.55% |
7 | UBA | 8.20 | 0.00% | -0.61% | 1.86% |
8 | SEPLAT | 755.10 | 4.86% | 9.43% | 16.17% |
9 | ZENITHBANK | 25.80 | -0.19% | 1.18% | 2.58% |
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 Oil and Gas 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.
