March 28, 2023/InvestmentOne Update
ASI as at 12.00pm: 0.00%
Top Gainers and Losers: UNITYBNK (+4.17%), AIICO (+3.45%), CHAMS (-8.00%) and UACN (-6.81%).
Sector Performances: Banking (+0.31%), Consumer Goods (-0.09%), Industrial and Oil and Gas.
Market activity: In today’s trade, total volume increased by 65% while total value reduced by 65% compared to this time last yesterday, as investors have traded about 38 million units of shares worth N359 million.
TRANSCORP (+1.49%) is the most traded stock by volume with about 17 million units of shares accounting for 45% of the total volume.
STANBIC is the most traded stock by value with about N74 million worth of shares accounting for 21% of the total value.
Likely close: Barring any significant drop in the prices of AIRTELAFRI, MTNN and DANGCEM, the market should close positive if the gains witnessed in the Banking sector persists.
