February 20, 2023/InvestmentOne Update
ASI as at 12.00pm: +0.01%
Market Mover: FIDELITY (+5.04%)
Top Gainers and Losers: CWG (+9.88%),TRIPPLEG (+9.55%), CHIPLC (-8.96%) and VITAFOAM (-7.18%).
Sector Performances: Banking (+0.38%), Consumer Goods (-0.05%), Industrial (-0.03%) and Oil and Gas.
Market activity: In today’s trade, total volume and value decreased by 19% and 57% respectively, compared to this time last Friday, as investors have traded about 38 million units of shares worth N564 million.
GTCO (+0.20%) is the most traded stock by volume with about 14 million units of shares accounting for 37% of the total volume.
GTCO (+0.20%) is the most traded stock by value with about N360 million worth of shares accounting for 65% 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 observed in the Banking sector persist.
