February 8, 2023/InvestmentOne Update
ASI as at 12.00pm: +0.25%
Market Mover: DANGCEM (+1.89%)
Top Gainers and Losers: UNILEVER (+2.57%), INTENEGINS (+2.56%), TRANSEXPR (-9.76%) and COURTVILLE (-6.00%).
Sector Performances: Industrial (+0.94%), Consumer Goods (+0.06%), Banking (-0.08%) and Oil and Gas.
Market activity: In today’s trade, total volume increased by 1.82% while total value decreased by 39.41%, compared to this time yesterday, as investors have traded about 44.7 million units of shares worth N575 million.
TRANSCORP (-4.41%) is the most traded stock by volume with about 15.5 million units of shares accounting for 34.7% of the total volume.
GEREGU (-1.39%) is the most traded stock by value with about N153.4 million worth of shares accounting for 26.7% 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 Industrial and Consumer Goods sectors persist.
