January 11, 2022/InvestmentOne Update

ASI as at 12.00pm: +0.39%

Market movers: BUAFOODS (+10.00%), GUINNESS (+2.76%), CUTIX (-9.06%) and CHAMS (-4.76%).

Sector Performances: Consumer Goods (+0.08%), Oil and Gas (-0.22%), Banking (-0.18%) and Industrial

Market activity: In today’s trade, total volume and value decreased by 24% and 32% respectively, compared to this time yesterday, as investors have traded about 65million units of shares worth N814 million. GTCO (-0.39%) is the most actively traded stock thus far with about 7 million units of shares accounting for about 11% of the total volume.

Likely close: In the absence of significant losses in the prices of DANGCEM and MTNN, the market may close positively today if the gains recorded in the Consumer Goods sector persist.