July 18, 2022/InvestmentOne Update

ASI as at 12.00pm: +0.27%

Market movers: RTBRISCOE (+8.11%), ETRANZACT (+4.55%), CWG (-10.00%) and MULTIVERSE (-9.89%).

Sector Performances: Banking (-0.23%), Consumer Goods, Industrial and Oil and Gas.

Market activity: In today’s trade, total volume and value decreased by 4% and 61% respectively, compared to this time last week Friday, as investors have traded about 46million units of shares worth N784million. ZENITHBANK (-0.90%) is the most actively traded stock thus far with about 6million units of shares accounting for about 13% 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.