January 12, 2022/InvestmentOne Update
ASI as at 12.00pm: +1.18%
Market movers: DANGCEM (+6.18%), LINKASSURE (+6.00%), SUNUASSUR (-8.11%) and CONOIL (-3.18%).
Sector Performances: Industrial (+3.19%), Banking (+0.11%), Oil and Gas (-0.14%) and Consumer Goods
Market activity: In today’s trade, total volume and value increased by 12% and 25% respectively, compared to this time yesterday, as investors have traded about 73million units of shares worth N1.01 billion. TRANSCORP (+4.08%) is the most actively traded stock thus far with about 32 million units of shares accounting for about 44% 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 Industrial and Banking sectors persist.
