June 8, 2022/InvestmentOne Update
ASI as at 12.00pm: -0.06%
Market movers: JAIZBANK (-9.47%), CORNERST (-8.06%), TRANSCORP (+5.69%) and CUTIX (+4.98%).
Sector Performances: Banking (-0.66%), Industrial (-0.01%), Oil and Gas (+0.23%) and Consumer Goods (+0.20%).
Market activity: In today’s trade, total volume increased by 32%, while total value decreased by 43% compared to this time yesterday, as investors have traded about 104million units of shares worth N585million. TRANSCORP (+5.69%) is the most actively traded stock thus far with about 62million units of shares accounting for about 60% of the total volume.
Likely close: In the absence of significant gains in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close in red today if the losses printed in the Banking and Industrial sectors persist.
