December 22, 2021/InvestmentOne Update

ASI as at 12.00pm: -0.03%

Market movers: ROYALEX (-9.33%), FCMB (-6.67%), MAYBAKER (+10.00%) and COURTVILLE (+2.63%).

Sector Performances: Banking (-0.33%), Consumer Goods (+0.17%), Oil and Gas and Industrial.

Market activity: In today’s trade, total volume and value increased by 9% and 50% respectively, compared to this time yesterday, as investors have traded about 113 million units of shares worth N1.52 billion. UACN(-4.76%) is the most actively traded stock thus far with about 77 million units of shares accounting for about 68% of the total volume.

Likely close: In the absence of significant gains in the prices of DANGCEM and MTNN, the market may close negatively today if the loss recorded in the Banking sector persists