January 30, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.09%

Top Gainers and Losers: MAYBAKER (+9.82%), COURTVILLE (+8.51%), FTNCOCOA (-10.00%) and CWG (-10.00%).  

Sector Performances: Banking (+0.25%), Consumer Goods (-0.03%), Industrial and Oil and Gas.

Market activity: In today’s trade, total volume and value increased by 80% and 172% respectively, compared to this time last Friday, as investors have traded about 67 million units of shares worth N1.21 billion.

ZENITHBANK (+1.00%) is the most traded stock by volume with about 27 million units of shares accounting for 40% of the total volume.

ZENITHBANK (+1.00%) is the most traded stock by value with about N682 million worth of shares accounting for 56% 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.