February 10, 2023/InvestmentOne Update
ASI as at 12.00pm: -0.06%
Market Mover: MTNN (-0.82%)
Top Gainers and Losers: INTENEGINS (-9.49%), UPDC (-4.62%), GEREGU (+4.85%) and LINKASSURE (+4.44%).
Sector Performances: Banking (-0.20%), Consumer Goods (+0.01%), Oil and Gas and Industrial.
Market activity: In today’s trade, total volume decreased by 53% while value increased by 162%, compared to this time yesterday, as investors have traded about 47 million units of shares worth N1.713 billion.
FBNH is the most traded stock by volume with about 6.7 million units of shares accounting for 14% of the total volume.
GEREGU (4.85%) is the most traded stock by value with about N633 million worth of shares accounting for 37% of the total value.
Likely close: In the absence of significant gains in the prices of AIRTELAFRI, MTNN and DANGCEM, the market should close negative if the losses recorded in the Banking sector persists.
