February 1, 2022/InvestmentOne Report
The Nigerian equities market closed northwards by 1.04% as NGX-ASI closed at 47,111.21pts.
In today’s trade, market breadth index was broadly positive with 36 gainers against 21 losers.
SEPLAT (+10.00%) was the top gainer while CAVERTON (-9.50%) led the losers today
TRANSCORP (+2.63%) was the most actively traded stock with about 32million units of shares worth about N37million.
Sector Performances
- NGX Oil and Gas Index: Advanced by 5.43%, on the back of gains recorded in SEPLAT (+10.00%) and CONOIL (+9.79%).
- NGX Banking Index: Rose by 2.15%, due to the buy interest recorded in ZENITHBANK (+4.99%), ACCESS (+4.55%) and UBA (+2.33%).
- NGX Industrial Index: Gained 0.38%, on the back of the rise seen in WAPCO (+5.47%).
- NGX Consumer Goods Index: Increased by 0.19%, as a result of the gains printed in NNFM (+4.05%), INTBREW (+1.75%), HONYFLOUR (+1.47%) and FLOURMILL (+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 | 10.35 | 4.55% | 5.08% | 11.29% |
2 | DANGCEM | 260.60 | 0.00% | 0.00% | 1.40% |
3 | FBNH | 11.35 | -1.30% | -5.02% | -0.44% |
4 | FIDELITYBK | 2.85 | 1.42% | 4.78% | 11.76% |
5 | GTCO | 28.00 | 4.09% | 9.16% | 7.69% |
6 | MTNN | 202.50 | 2.53% | 6.58% | 2.79% |
7 | UBA | 8.80 | 2.33% | 4.14% | 9.32% |
8 | SEPLAT | 869.00 | 10.00% | 10.00% | 33.69% |
9 | ZENITHBANK | 27.35 | 4.99% | 6.21% | 8.75% |
10 | OKOMUOIL | 142.00 | 0.00% | 0.00% | 0.00% |
11 | BUACEMENT | 70.75 | 0.00% | 1.14% | 5.52% |
12 | AIRTELAFRI | 1271.00 | 0.00% | 0.00% | 33.09% |
The equities market closed in positive zone today due to the gains printed 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.
