April 12, 2022/InvestmentOne Update
ASI as at 12.00pm: +0.37%
Market movers: MEYER (+9.68%), NB (+9.20%), REGALINS (-8.11%) and PRESTIGE (-6.98%).
Sector Performances: Banking (+0.81%), Consumer Goods (+2.12%), Industrial (+0.06%) and Oil and Gas.
Market activity: In today’s trade, total volume and value increased by 61% and 10% respectively, compared to this time yesterday, as investors have traded about 79million units of shares worth N1.05billion. GTCO (+3.49%) is the most actively traded stock thus far with about 20million units of shares accounting for about 25% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTNN, the market should close positively today if the gains recorded in the Banking, Consumer Goods and Industrial sectors persist.
