February 15, 2023/InvestmentOne Update
ASI as at 12.00pm: -0.04%
Top Gainers and Losers: NASCON (-3.57%) and INTENEGINS (-2.48%), MBENEFIT (+3.13%) and GLAXOSMITH (+2.21%).
Sector Performances: Banking (-0.24%), Consumer Goods (-0.06%), Industrial and Oil and Gas.
Market activity: In today’s trade, total volume decreased by 13% while total value increased by 25% respectively, compared to this time yesterday, as investors have traded about 54 million units of shares worth N1.5 billion.
GTCO (+0.20%) is the most traded stock by volume with about 21 million units of shares accounting for 39% of the total volume.
GTCO (+0.20%) is the most traded stock by value with about N536 million worth of shares accounting for 45% of the total value.
Likely close: In the absence of significant gains in the prices of AIRTELAFRI, MTNN and DANGCEM, the market should close bearish if the losses observed in the Banking and Consumer Goods sectors persist.
