Nigerian Bourse Starts Week Positive +0.20% on Gains Across Sectors

February 21, 2022/InvestmentOne Report

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

The Nigerian equities market closed northwards by 0.20% as NGX-ASI closed at 47,233.91pts. 

In today’s trade, market breadth index was positive with 31 gainers against 17 losers. 

UCAP (+10.00%) was the top gainer, while JULI (-9.76%) led the losers today. 

TRANSCORP (+4.27%) was the most actively traded stock with about 99million units of shares worth about N118million. 

Sector Performances

 

  • NGX Banking Index: Increased by 0.66%, due to the buy interest witnessed in FIDELITY (+1.66%)UBN (+1.59%) and UBA (+1.17%).
  • NGX Consumer Goods Index: Climbed by 0.37%, due to the gains printed in CHAMPION (+8.78%), INTBREW (+6.67%) and GUINNESS (+5.71%). 
  • NGX Industrial Index: Rose by 0.01%, due to the gain recorded in CUTIX (+4.02%). 
  • NGX Oil and Gas 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

10.40

0.48%

0.48%

11.83%

2

DANGCEM

273.50

0.00%

0.00%

6.42%

3

FBNH

11.35

-0.44%

-0.44%

-0.44%

4

FIDELITYBK

3.07

1.66%

1.66%

20.39%

5

GTCO

26.45

0.95%

0.95%

1.73%

6

MTNN

199.80

0.15%

0.15%

1.42%

7

UBA

8.65

1.17%

1.17%

7.45%

8

SEPLAT

800.00

0.00%

0.00%

23.08%

9

ZENITHBANK

26.95

0.56%

0.56%

7.16%

10

OKOMUOIL

127.80

0.00%

0.00%

-10.00%

11

BUACEMENT

70.75

0.00%

0.00%

5.52%

12

AIRTELAFRI

1260.00

0.00%

0.00%

31.94%

The equities market closed positive 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.

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