InvestmentOne update reports that market movers are Nigeria’s leading identity management and transaction payments systems solution provider, Chams Plc and first listed registrar on the floor of the Nigerian bourse, Africa Prudential Registrars Plc; both are up +9.09 percent and +4.79 percent apiece, while on the negative side are food and beverage maker and Nigeria’s largest educational publisher, Cadbury Nigeria Plc and Learn Africa Plc; both are down -9.00 percent and -7.52 percent each.

In terms of sector performances, the Oil & Gas and Banking sectors have inched up +0.38 percent and +0.04 percent each, while the Consumer Goods sector is down -0.03 percent and the Industrial is also on the downward slide.

According to the InvestmentOne update, market activity in Friday’s early trade, shows that while total volume declined by 30 percent, total value rose by 44 percent compared to this time on Monday as investors have exchanged about 114 million units of shares worth about N939 million.

Chams Plc with a gain of +9.09 percent is the most actively traded stock with 42 million units of shares accounting for about 36 percent of total volume .

“Likely close: In the absence of a significant loss in DANGCEM, the market may close up today if the gains across the Oil & Gas and Banking sectors persist,” the InvestmentOne update said.