February 22, 2022/InvestmentOne Update

ASI as at 12.00pm: +0.03%

Market movers: RTBRISCOE (+9.09%), MULTIVERSE (+8.70%), ELLAHLAKES (-9.88%) and COURTVILLE (-5.56%).

Sector Performances: Oil and Gas (+0.16%), Banking (+0.04%), Industrial (+0.01%) and Consumer Goods (-0.41%).

Market activity: In today’s trade, total volume and value decreased by 28% and 13% respectively, compared to this time yesterday, as investors have traded about 136million units of shares worth N1.41billion. UCAP is the most actively traded stock thus far with about 45million units of shares accounting for about 33% 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 Oil and Gas, Banking and Industrial sectors persist.