January 26, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.05%

Top Gainers and Losers: WAPIC (+9.76%), CHELLARAM (+9.70%), RTBRISCOE (-9.09%) and LINKASSURE (-4.00%).  

Sector Performances: Banking (+0.65%), Consumer Goods (+0.02%), Industrial and Oil and Gas.

Market activity: In today’s trade, total volume and value decreased by 8% and 55% respectively, compared to this time yesterday, as investors have traded about 35 million units of shares worth N447 million.

GTCO is the most traded stock by volume with about 9.1 million units of shares accounting for 26% of the total volume.

GTCO is the most traded stock by value with about N225 million worth of shares accounting for 50% 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 Banking sector persists.