April 27, 2022/CSL Research
The Nigerian equities market closed marginally positive today by 0.01% as NGX-ASI closed at 48,571.75pts.
In today’s trade, market breadth index was negative with 18 gainers against 23 losers.
ACADEMY (+9.92%) was the top gainer, while IKEJAHOTEL (-9.68%) led the losers today.
MULTIVERSE (-4.76%) was the most actively traded stock with about 36million units of shares worth about N7million.
Sector Performances
· NGX Consumer Goods Index: Increased by 0.68%, as a result of the gains witnessed in CADBURY (+9.68%), GUINNESS (+7.54%), VITAFOAM (+4.50%), DANGSUGAR (+3.13%) and FLOURMILL (+1.69%).
· NGX Industrial Index: Rose by 0.03%, due to the buy-interest seen in CUTIX (+4.35%) and BUACEMENT (+0.96%).
· NGX Banking Index: Decreased by 1.46%, due to the sell-offs recorded in UBN (-6.25%), JAIZBANK (-3.90%), ZENITHBANK (-2.62%) and FIDELITYBK (-1.32%).
· NGX Oil and Gas Index: Depreciated by 0.72%, on the back of the losses recorded in ETERNA (-4.68%) and OANDO (-4.00%).
Performance of key stocks
S/N | Stock | Current Price (N) | 1-day change (%) | Week to date change (%) | Year to date change (%) |
1 | ACCESSCORP | 9.85 | -0.51% | -1.50% | 5.91% |
2 | FBNH | 11.80 | -2.07% | -1.26% | 3.51% |
3 | FIDELITYBK | 3.75 | -1.32% | -7.41% | 47.06% |
4 | GTCO | 23.95 | -1.24% | -1.03% | -7.88% |
5 | UBA | 8.20 | 1.23% | 1.23% | 1.86% |
6 | ZENITHBANK | 24.15 | -2.62% | -4.55% | -3.98% |
7 | AIRTELAFRI | 1320.00 | 0.00% | 0.00% | 38.22% |
8 | BUACEMENT | 68.65 | 0.96% | -2.97% | 2.39% |
9 | DANGCEM | 285.80 | 0.00% | 0.14% | 11.21% |
10 | MTNN | 212.00 | 0.00% | -0.47% | 7.61% |
11 | OKOMUOIL | 147.00 | 0.00% | -5.16% | 3.52% |
12 | SEPLAT | 1100.00 | 0.00% | 6.80% | 69.23% |
The equities market closed up marginally today on the back of the gains witnessed in Consumer Goods and Industrial 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.
