December 1, 2022/InvestmentOne Update

ASI as at 12.00pm: +0.17%

Market movers: MCNICHOLS (+8.93%), NB (+7.14%), CUTIX (-2.37%) and PRESTIGE (-2.33%).

Sector Performances: Consumer Goods (-0.81%), Banking (+0.37%), Industrial and Oil and Gas.

Market activity: In today’s trade, total volume and value increased by 210% and 489% respectively, compared to this time yesterday as investors have traded about 65 million units of shares worth N1.16 million.

FCMB (-0.60%) is the most traded stock by volume with about 45 million units of shares accounting for 69% of the total volume.

AIRTELAFRI is the most traded stock by value with about N660 million worth of shares accounting for 57% 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 seen in the Consumer Goods and Banking sectors persist.