December 9, 2022/InvestmentOne Update

ASI as at 12.00pm: +0.79%

Market movers: PRESTIGE (+9.52%), PHARMDEKO (+8.11%), LIVESTOCK (-7.76%) and JAPAULGOLD (-3.45%).

Sector Performances: Industrial (+3.32%), Banking (+0.22%), Consumer Goods and Oil and Gas.

Market activity: In today’s trade, total volume and value declined by 65% and 69% respectively, compared to this time yesterday, as investors have traded about 32 million units of shares worth N475 million.

GTCO (+0.72%) is the most traded stock by volume with about 6 million units of shares accounting for 19% of the total volume.

GTCO (+0.72%) is the most traded stock by value with about N131 million worth of shares accounting for 28% of the total value.

Likely close: In the absence of significant losses in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close positive if the gains recorded in the Industrial and Banking sectors persist.