August 21, 2023/InvestmentOne Report
The Nigerian equities market increased by 0.74% as the NGX-ASI closed at 65,202.41pts.
In today s trade, market breadth index was positive with 31 gainers against 15 losers.
JOHNHOLT (+9.66%) was the top gainer today, while TANTALIZER (-10.00%) led the losers.
TRANSCORP (+5.29%) was the most actively traded stock with about 37 million units of shares worth about N159 million.
Sector Performances
NGX Consumer Goods Index: Advanced by 4.97%, due to the buy-ins recorded in BUAFOODS (+9.29%), DANGSUGAR (+2.86%) and INTBREW (+2.13%).
NGX Industrial Index: Inched higher by 0.04%, on the back of the positive sentiment observed in WAPCO (+0.73%).
NGX Banking Index: Fell by 0.35%, driven by the losses printed in JAIZBANK (-7.78%), FIDELITYBK (-3.38%) and STERLINGNG (-1.39%).
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 | ACCESSCORP | 17.05 | 0.29% | 0.29% | 100.59% |
2 | FBNH | 18.50 | -1.60% | -1.60% | 69.72% |
3 | FIDELITYBK | 7.15 | -3.38% | -3.38% | 64.37% |
4 | GTCO | 36.50 | 0.14% | 0.14% | 58.70% |
5 | UBA | 14.00 | 0.72% | 0.72% | 84.21% |
6 | ZENITHBANK | 33.95 | -0.15% | -0.15% | 41.46% |
7 | AIRTELAFRI | 1250.00 | 0.00% | 0.00% | -23.55% |
8 | BUACEMENT | 96.15 | 0.00% | 0.00% | -1.64% |
9 | DANGCEM | 360.00 | 0.00% | 0.00% | 37.93% |
10 | MTNN | 275.00 | 0.00% | 0.00% | 27.91% |
11 | OKOMUOIL | 250.00 | 0.00% | 0.00% | 51.52% |
12 | SEPLAT | 1670.80 | 0.00% | 0.00% | 51.89% |
The local bourse rose today on the back of the gains printed in the 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.
