January 23, 2023/InvestmentOne Update
ASI as at 12.00pm: +0.11%
Top Gainers and Losers: GEREGU (+6.92%), LINKASSURE (+6.38%), CHIPLC (-7.94%) and CORNERST (-6.67%).
Sector Performances: Consumer Goods (+0.19%), Banking (-0.12%), Industrial and Oil and Gas.
Market activity: In today’s trade, total volume and value decreased by 88% and 22% respectively, compared to this time last Friday, as investors have traded about 372 million units of shares worth N629 million.
STERLNBANK(+0.65%) is the most traded stock by volume with about 8 million units of shares accounting for 2% of the total volume.
MTNN (+0.04%) is the most traded stock by value with about N183 million worth of shares accounting for 29% of the total value.
Likely close: In the absence of significant losses in the prices of AIRTELAFRI, MTNN and DANGCEM, the market should close positive if the gains recorded in the Consumer Goods sector persists.
