November 16, 2022/InvestmentOne Update
ASI as at 12.00pm: +0.11%
Market movers: CORNERST (+10.00%), CHAMS (+8.70%), ROYALEX (-9.09%) and COURTVILLE (-8.00%).
Sector Performances: Consumer Goods (+0.26%), Banking (+0.14%), Oil and Gas (-0.23%) and Industrial.
Market activity: In today’s trade, total volume and value increased by 17% and 220% respectively, compared to this time yesterday, as investors have traded about 35 million units of shares worth N1.54 billion.
FBNH (+1.42%) is the most traded stock by volume with about 8 million units of shares accounting for 23% of the total volume.
AIRTELAFRI is the most traded stock by value with about N626 million worth of shares accounting for 41% 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 recorded in the Consumer Goods and Banking sectors persist.
