October 26, 2022/InvestmentOne Update

ASI as at 12.00pm: +0.22%

Market movers: MULTIVERSE (+10.00%), RTBRISCOE (+10.00%), ROYALEX (-9.33%) and JAPAULGOLD (-3.57%).

Sector Performances: Industrial (+1.15%), Oil and Gas (+0.35%), Banking (-0.11%) and Consumer Goods (-0.04%).

Market activity: In today’s trade, total volume and value decreased by 42% and 4% respectively, compared to this time yesterday, as investors have traded about 28 million units of shares worth N1.44 billion.

ETI (-0.45%) is the most traded stock by volume with about 6 million units of shares accounting for 21% of the total volume.  

AIRTELAFRI is the most traded stock by value with about N748 million worth of shares accounting for 52% of the total value.

Likely close: In the absence of significant losses in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close in green if the gains printed in the Industrial and Oil and Gas sectors persist.