January 26, 2022/InvestmentOne Report
The Nigerian equities market closed in positive territory by 1.29% as NGX-ASI closed at 46,529.99pts.
In today’s trade, market breadth index was neutral with 19 gainers against 19 losers.
AIRTELAFRI (+10.00%) was the top gainer while CADBURY (-10.00%) led the losers today
MULTIVERSE (+5.00%) was the most actively traded stock with about 57million units of shares worth about N11million.
Sector Performances
- NGX Banking Index: Rose by 1.32%, due to the buy interest recorded in ETI (+9.55%), STERLNBANK (+3.12%), and UBA (+1.23%).
- NGX Industrial Index: Fell by 1.89%, on the back of losses printed in BUACEMENT (-4.76%).
- NGX Oil and Gas Index: Declined by 0.59%, due to the losses recorded in ETERNA (-3.94%) and OANDO (-1.05%).
- NGX Consumer Goods Index: Fell by 0.39%, due to the sell pressure witnessed in CADBURY (-9.47%), CHAMPION (-7.84%) and PZ (-2.86%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESS | 9.70 | 0.52% | -0.51% | 4.30% |
2 | DANGCEM | 284.90 | 0.00% | 0.00% | 10.86% |
3 | FBNH | 11.55 | -1.28% | -3.75% | 1.32% |
4 | FIDELITYBK | 2.70 | 0.00% | 1.50% | 5.88% |
5 | GTCO | 25.50 | 0.00% | -1.16% | -1.92% |
6 | MTNN | 190.00 | 0.00% | 0.00% | -3.55% |
7 | UBA | 8.25 | 1.23% | 0.61% | 2.48% |
8 | SEPLAT | 785.00 | -0.63% | 3.96% | 20.77% |
9 | ZENITHBANK | 25.40 | 0.00% | -1.55% | 0.99% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 0.00% |
11 | BUACEMENT | 68.00 | -4.76% | -4.76% | 1.42% |
12 | AIRTELAFRI | 1271.00 | 10.00% | 10.00% | 33.09% |
The equities market closed positive today due to the gains recorded in the Banking sector and AIRTELAFRI. 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.
