September 5, 2022/InvestmentOne Report
ASI as at 12.00pm: +0.01%
Market movers: CHAMS (+7.69%), FLOURMILL (+4.46%), ABCTRANS (-9.68%) and JAPAULGOLD (-6.06%).
Sector Performances: Consumer Goods (+0.11%), Banking (-0.15%), Oil and Gas and Industrial.
Market activity: In today’s trade, total volume and value decreased by 50% and 74% respectively compared to this time last week Friday, as investors have traded about 29 million units of shares worth N276 million. VERITASKAP is the most actively traded stock thus far with about 4 million units of shares accounting for about 14% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close northwards if the gain printed in the consumer goods sector persists.
