December 19, 2022/InvestmentOne Update
ASI as at 12.00pm: +0.13%
Market movers: BUAFOODS (+2.52%) and GTCO (+0.72%).
Top Gainers and Losers: FIDSON (+3.45%), FCMB (+2.94%), PZ (-8.47%) and ROYALEX (-5.95%).
Sector Performances: Consumer Goods (+0.75%), Banking (+0.09%), Industrial and Oil and Gas.
Market activity: In today’s trade, total volume and value declined by 13% and 57%, compared to this time yesterday, as investors have traded about 26 million units of shares worth N353 million.
GTCO (+0.96%) is the most traded stock by volume with about 7 million units of shares accounting for 27% of the total volume.
GTCO (+0.96%) is the most traded stock by value with about N146 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 positive if the gains recorded in the Consumer Goods and Banking sectors persist.
