February 16, 2023/InvestmentOne Update
ASI as at 12.00pm: +0.03%
Market Mover: GEREGU (+3.67%).
Top Gainers and Losers: JAPAULGOLD (+7.14%) and RTBRISCOE (+7.14%), COURTVILLE (-9.62%) and CWG (-8.99%).
Sector Performances: Consumer Goods (+0.05%), Banking (-0.19%), Industrial and Oil and Gas.
Market activity: In today’s trade, total volume and value decreased by 22% and 47% respectively, compared to this time yesterday, as investors have traded about 42 million units of shares worth N792 million.
GTCO (+0.20%) is the most traded stock by volume with about 14 million units of shares accounting for 33% of the total volume.
GTCO (+0.20%) is the most traded stock by value with about N366 million worth of shares accounting for 46% 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 printed in the Consumer Goods sector persists.
