April 13, 2022/InvestmentOne Report
The Nigerian equities market closed northwards by 0.34% as NGX-ASI closed at 47,367.31pts.
In today’s trade, market breadth index was positive with 31 gainers against 16 losers.
MEYER (+9.56%) was the top gainer, while SUNUASSUR (-7.69%) led the losers today.
GTCO (+3.17%) was the most actively traded stock with about 65million units of shares worth about N1.61trillion.
Sector Performances
· NGX Banking Index: Increased by 0.56%, due to the gains printed in UBN (+6.56%), ETI (+2.58%) and UBA (+2.50%).
· NGX Consumer Goods Index: Rose by 0.03%, due to the appreciation seen in FLOURMILL (+1.64%), NB (+0.92%) and HONYFLOUR (+0.56%).
· NGX Oil and Gas Index: Advanced by 0.03%, as a result of the buy interest witnessed in OANDO (+0.21%).
· 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 | ACCESSCORP | 10.35 | -0.48% | 5.61% | 11.29% |
2 | FBNH | 11.60 | 2.20% | -1.69% | 1.75% |
3 | FIDELITYBK | 3.75 | 1.35% | 5.34% | 47.06% |
4 | GTCO | 24.40 | 3.17% | 6.09% | -6.15% |
5 | UBA | 8.20 | 2.50% | 4.46% | 1.86% |
6 | ZENITHBANK | 25.10 | -1.18% | 9.13% | -0.20% |
7 | AIRTELAFRI | 1260.40 | 0.00% | 0.00% | 31.98% |
8 | BUACEMENT | 70.75 | 0.00% | 0.00% | 5.52% |
9 | DANGCEM | 273.50 | 0.00% | 0.00% | 6.42% |
10 | MTNN | 213.00 | 0.90% | 3.40% | 8.12% |
11 | OKOMUOIL | 150.00 | 5.63% | 5.63% | 5.63% |
12 | SEPLAT | 985.00 | 0.00% | 2.60% | 51.54% |
The equities market closed positive today due to the northward movement witnessed 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.
