Intraday Update: NGXASI Rise +0.04% Driven by Consumer Goods Sector

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December 15, 2022/InvestmentOne Update

ASI as at 12.00pm: +0.04% 

Market movers: STANBIC (+32.12pts) and ACCESS (+3.26pts).

Top Gainers and Losers: NEIMETH (+8.59%), LEARNAFRICA (+8.12%), CHAMS (-4.35%) and LIVESTOCK (-2.59%).

Sector Performances: Consumer Goods (+0.07%), Banking (-0.04%), Industrial, and Oil and Gas.

Market activity: In today’s trade, total volume and value increased by 497% and 54% respectively, compared to this time yesterday, as investors have traded about 179 million units of shares worth N582 million.

STERLNBANK (-2.19%) is the most traded stock by volume with about 153 million units of shares accounting for 85% of the total volume.

STERLNBANK (-2.19%)  is the most traded stock by value with about N205 million worth of shares accounting for 35% 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 Consumer Goods sector persists.

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