February 25, 2022/InvestmentOne Report
The Nigerian equities market closed in positive territory by 0.12% as NGX-ASI closed at 47,328.42pts.
In today’s trade, market breadth index was positive with 21 gainers against 17 losers.
ETRANZACT (+9.92%) was the top gainer, while CUTIX (-8.47%) led the losers today.
FCMB (+0.66%) was the most actively traded stock with about 50million units of shares worth about N152million.
Sector Performances
NGX Banking Index: Increased by 0.25%, due to the buy interest witnessed in JAIZBANK (+5.48%), UNITYBNK (+2.04%) and ACCESS (+1.47%).
- NGX Consumer Goods Index: Rose by 0.15%, due to the gains printed in INTBREW (+4.76%), UNILEVER (+0.72%) and FLOURMILL (+0.63%).
- NGX Industrial Index: Declined by 0.02%, due to the losses printed in CUTIX (-8.47%).
- 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 | 10.35 | 1.47% | 0.00% | 11.29% |
2 | DANGCEM | 273.50 | 0.00% | 0.00% | 6.42% |
3 | FBNH | 11.55 | 0.43% | 1.32% | 1.32% |
4 | FIDELITYBK | 3.06 | 0.33% | 1.32% | 20.00% |
5 | GTCO | 26.90 | 0.00% | 2.67% | 3.46% |
6 | MTNN | 201.00 | 0.50% | 0.75% | 2.03% |
7 | UBA | 8.70 | 0.00% | 1.75% | 8.07% |
8 | SEPLAT | 859.90 | 0.00% | 7.49% | 32.29% |
9 | ZENITHBANK | 26.95 | -0.19% | 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 northwards today due to the gains printed in the Banking and Consumer Goods 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.
