MIDDAY UPDATE: Nigerian Stocks Gains +0.4%

August 24, 2021/InvestmentOne Update

ASI as at 12.00pm: +0.04%.

Image Credit: quickenloans.com

Market movers: MORISON (+10.00%) TRIPPLEG (+9.09%), FTNCOCOA (-6.82%)  and COURTVILLE (-5.88%).

Sector Performances: Banking (+0.30%),  Consumer Goods (-0.03%),  Industrial and Oil and Gas.

Market activity: In today’s early trade, investors have traded about 56million units of shares worth  N489million. COURTVILLE (-5.88%) is the most actively traded stock thus far with about 9million units of shares accounting for about 16% of the total volume.

Likely close: In the absence of significant losses in the prices of DANGCEM and MTN, the market may close up today if the gain in the Banking sector persist.

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