December 20, 2022/InvestmentOne Update
ASI as at 12.00pm: +0.04%
Market movers: ZENITHBANK (+0.83%) and ARDOVA (+7.78%).
Top Gainers and Losers: UPDCREIT (+8.62%), ARDOVA (+7.78%), CHIPLC (-9.84%) and LIVESTOCK (-8.40%).
Sector Performances: Oil and Gas (+0.54%), Banking (+0.36%), Consumer Goods (+0.08%) and Industrial.
Market activity: In today’s trade, total volume and value increased by 27% and 25%, compared to this time yesterday, as investors have traded about 33 million units of shares worth N440 million.
GTCO (-0.69%) is the most traded stock by volume with about 9 million units of shares accounting for 27% of the total volume.
GTCO (-0.69%) is the most traded stock by value with about N195 million worth of shares accounting for 44% of the total value.
Likely close: In the absence of significant losses in the prices of DANGCEM, MTNN and AIRTELAFRI, the market should close northwards if the gains logged in the Oil and Gas, Banking and Consumer Goods sectors persist.
