March 23, 2022/InvestmentOne Report
The Nigerian equities market closed up by 0.02% as NGX-ASI closed at 47,163.94pts.
In today’s trade, market breadth index was neutral with 16 gainers against 16 losers
CAP (+10.00%) was the top gainer, while FCMB (-8.72%) led the losers today.
FIDELITY (+1.89%) was the most actively traded stock with about 68million units of shares worth about N219million.
Sector Performances
· NGX Banking Index: Rose by 0.25%, due to the gains seen in STERLNBNK (+3.95%), FIDELITY (+1.89%), ACCESS (+1.02%), and UBA (+0.66%).
· NGX Oil and Gas Index: Accelerated by 0.11% on the back of buy interest recorded in CONOIL (+2.92%).
· NGX Industrial Index: Increased by 0.08%, on the back of the gains witnessed in CAP(+10.00%) and WAPCO (+0.85%).
· 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 | 9.95 | 1.02% | 1.53% | 6.99% |
2 | FBNH | 12.00 | 0.00% | 0.84% | 5.26% |
3 | FIDELITYBK | 3.24 | 1.89% | 8.00% | 27.06% |
4 | GTCO | 26.00 | 0.00% | -0.76% | 0.00% |
5 | UBA | 7.65 | 0.66% | -11.56% | -4.97% |
6 | ZENITHBANK | 26.90 | -0.19% | 0.94% | 6.96% |
7 | AIRTELAFRI | 1260.00 | 0.00% | 0.00% | 31.94% |
8 | BUACEMENT | 70.75 | 0.00% | 0.00% | 5.52% |
9 | DANGCEM | 273.50 | 0.00% | 0.00% | 6.42% |
10 | MTNN | 205.50 | 0.00% | 0.00% | 4.31% |
11 | OKOMUOIL | 143.50 | 0.00% | 0.00% | 1.06% |
12 | SEPLAT | 930.00 | 0.00% | 0.00% | 43.08% |
The equities market closed in green territory due to the gains recorded 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.
