February 4, 2022/InvestmentOne Report
The Nigerian equities market closed negatively by 0.11% as NGX-ASI closed at 47,279.92pts. Conversely, the NGX-ASI gained 2.33 % WTD.
In today’s trade, market breadth index was negative with 24 losers against 18 gainers.
SCOA (+9.65%) was the top gainer, while PRESCO (-10.00%) led the losers today.
FIDELITYBK (-0.70%) was the most actively traded stock with about 25million units of shares worth about N71million.
Sector Performances
- NGX Consumer Goods Index: Fell by 0.58%, due to the losses recorded in INTBREW (-9.40%), FLOURMILL (-0.85%) and PZ (-0.71%).
- NGX Oil and Gas Index: Declined by 0.24%, as a result of the sell pressures witnessed in ARDOVA (-1.93%), SEPLAT (-0.24%) and OANDO (-0.19%).
- NGX Banking Index: Rose by 0.18%, due to the buy-interests recorded in JAIZBANK (+5.97%), ZENITHBANK (+0.76%) and UBA (+0.59%).
- NGX Industrial Index: Increased by 0.01%, on the back of the gains printed in CUTIX (+0.83%) and WAPCO (+0.19%).
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 | 0.00% | 5.45% | 6.93% |
3 | FBNH | 11.10 | -2.63% | -7.11% | -2.63% |
4 | FIDELITYBK | 2.85 | -0.70% | 4.78% | 11.76% |
5 | GTCO | 27.50 | 0.18% | 7.21% | 5.77% |
6 | MTNN | 200.30 | 0.15% | 5.42% | 1.68% |
7 | UBA | 8.55 | 0.59% | 1.18% | 6.21% |
8 | SEPLAT | 870.00 | -0.24% | 10.13% | 33.85% |
9 | ZENITHBANK | 26.35 | 0.76% | 2.33% | 4.77% |
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 negative today due to the losses recorded in the Consumer Goods and Oil and Gas 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.
