February 23, 2022/InvestmentOne Update
ASI as at 12.00pm: -0.01%
Market movers: NIGERINS (-4.55%), CHAMS (-4.17%), RTBRISCOE (+9.72%) and WEMABANK (+8.99%).
Sector Performances: Oil and Gas (-0.43%), Consumer Goods (-0.22%), Industrial (-0.04%) and Banking (+0.14%).
Market activity: In today’s trade, total volume decreased by 43%, while value increased by 0.21% compared to this time yesterday, as investors have traded about 78million units of shares worth N1.41billion. FBNH is the most actively traded stock thus far with about 11million units of shares accounting for about 14% 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 losses recorded in the Oil and Gas, Consumer Goods and Industrial sectors persist.
