March 25, 2022/InvestmentOne Report
The Nigerian equities market closed slightly positive by 0.01% as NGX-ASI closed at 46,964.23pts.
In today’s trade, market breadth index was negative with 16 losers against 15 gainers.
PZ (+6.90%) was the top gainer, while NNFM (-7.83%) led the losers today.
FIDELITYBK (+0.30%) was the most actively traded stock with about 62million units of shares worth about N206million.
Sector Performances
· NGX Banking Index: Increased by 0.48%, due to the gains printed in UNITYBNK (+2.08%), ZENITHBANK (+1.13%), and UBA (+0.66%).
· NGX Consumer Goods Index: Advanced by 0.07% on the back of the buy interest seen in PZ (+6.90%).
· NGX Oil and Gas Index: Closed flat
· NGX Industrial 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 | #N/A | #N/A | #N/A | #N/A |
2 | FBNH | 11.85 | -1.66% | -0.42% | 3.95% |
3 | FIDELITYBK | 3.30 | 0.30% | 10.00% | 29.41% |
4 | GTCO | 23.15 | 0.65% | -11.64% | -10.96% |
5 | UBA | 7.65 | 0.66% | -11.56% | -4.97% |
6 | ZENITHBANK | 26.90 | 1.13% | 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 | 204.00 | 0.00% | -0.73% | 3.55% |
11 | OKOMUOIL | 143.50 | 0.00% | 0.00% | 1.06% |
12 | SEPLAT | 930.00 | 0.00% | 0.00% | 43.08% |
The equities market closed northwards today due to the gains recorded 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.
