February 3, 2022/InvestmentOne Report
The Nigerian equities market closed in positive territory by 0.85% as NGX-ASI closed at 47,329.80pts.
In today’s trade, market breadth index was positive with 23 gainers against 13 losers.
OANDO (+10.00%) was the top gainer, while PHARMDEKO (-10.00%) led the losers today.
FIDELITYBK (+0.35%) was the most actively traded stock with about 56million units of shares worth about N160million.
Sector Performances
- NGX Industrial Index: Advanced by 2.68%, on the back of gains printed in DANGCEM (+5.45%), CUTIX (+3.00%) and WAPCO (+0.19%).
- NGX Oil and Gas Index: Increased by 1.43%, as a result of the buy-interest seen in OANDO (+10.00%).
- NGX Banking Index: Fell by 0.51%, due to the losses recorded in UNITYBNK (-3.77%), JAIZBANK (-2.90%), ZENITHBANK (-1.32%) and ETI (-0.82%).
- NGX Consumer Goods Index: Declined by 0.18%, on the back of sell pressures witnessed in CHAMPION (-8.70%), INTBREW (-2.50%) and HONYFLOUR (-1.47%).
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 | 0.00% | 3.55% | 9.68% |
2 | DANGCEM | 274.80 | 5.45% | 5.45% | 6.93% |
3 | FBNH | 11.40 | -0.44% | -4.60% | 0.00% |
4 | FIDELITYBK | 2.87 | 0.35% | 5.51% | 12.55% |
5 | GTCO | 27.45 | -0.90% | 7.02% | 5.58% |
6 | MTNN | 200.00 | 0.00% | 5.26% | 1.52% |
7 | UBA | 8.50 | 0.00% | 0.59% | 5.59% |
8 | SEPLAT | 872.10 | 0.00% | 10.39% | 34.17% |
9 | ZENITHBANK | 26.15 | -1.32% | 1.55% | 3.98% |
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 positively today due to the gains recorded in Industrial and Oil and Gas sectors. Going forward, we expect investors’ 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.
