June 22, 2022/InvestmentOne Update
ASI as at 12.00pm: +0.08%
Market movers: ELLAHLAKES (+10.00%), PRESCO (+9.71%), NNFM (-9.91%) and CWG (-9.09%).
Sector Performances: Consumer Goods (+0.19%), Banking (+0.06%), Industrial (-1.31%) and Oil and Gas.
Market activity: In today’s trade, total volume and value increased by 70% and 100% respectively, compared to this time yesterday, as investors have traded about 85million units of shares worth N2billion. ACCESSCORP (+0.53%) is the most actively traded stock thus far with about 21million units of shares accounting for about 25% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close positive today if gains printed in the Consumer Goods and Banking sectors persist.
