February 2, 2022/InvestmentOne Report
The Nigerian equities market closed southwards by 0.38% as NGX-ASI closed at 46,930.66pts.
In today’s trade, market breadth index was broadly negative with 33 losers against 21 gainers.
IKEJAHOTEL (+10.00%) was the top gainer, while ABCTRANS (-8.33%) led the losers today.
FIDELITYBK (+0.35%) was the most actively traded stock with about 48million units of shares worth about N137million.
Sector Performances
- NGX Banking Index: Fell by 1.39%, due to the sell pressure recorded in UBA (-3.41%), ZENITHBANK (-3.11%) and ACCESS (-1.45%).
- NGX Industrial Index: Declined by 0.17%, on the back of losses printed in WAPCO (-2.22%) and CUTIX (-0.43%).
- NGX Oil and Gas Index: Advanced by 0.62%, due to the buy interest recorded in CONOIL (+9.96%), ARDOVA (+0.39%) and SEPLAT (+0.36%).
- NGX Consumer Goods 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 | 10.20 | -1.45% | 3.55% | 9.68% |
2 | DANGCEM | 260.60 | 0.00% | 0.00% | 1.40% |
3 | FBNH | 11.45 | 0.88% | -4.18% | 0.44% |
4 | FIDELITYBK | 2.86 | 0.35% | 5.15% | 12.16% |
5 | GTCO | 27.70 | -1.07% | 7.99% | 6.54% |
6 | MTNN | 200.00 | -1.23% | 5.26% | 1.52% |
7 | UBA | 8.50 | -3.41% | 0.59% | 5.59% |
8 | SEPLAT | 872.10 | 0.36% | 10.39% | 34.17% |
9 | ZENITHBANK | 26.50 | -3.11% | 2.91% | 5.37% |
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 negative today due to the losses recorded in the Banking and Industrial 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.
