June 23, 2022/InvestmentOne Update
ASI as at 12.00pm: +0.06%
Market movers: FTNCOCOA (+9.38%), OANDO (+7.37%), ELLAHLAKES (-10.00%) and PRESCO (-9.81%).
Sector Performances: Oil and Gas (+0.98%), Consumer Goods (-0.02%), Banking (-0.01%) and Industrial.
Market activity: In today’s trade, total volume and value decreased by 26% and 50% respectively, compared to this time yesterday, as investors have traded about 63million units of shares worth N1billion. ACCESSCORP (+0.53%) is the most actively traded stock thus far with about 20million units of shares accounting for about 32% 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 Oil and Gas sector persists.
