ASI Intraday Update: Nigerian Stocks Trade Flat

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

April 18, 2023/InvestmentOne Update

ASI as at 12.00pm: 0.00%

Top Gainers and Losers: TRANSCORP (+9.73%), INTENEGINS (+7.50%), LINKASSURE (-8.33%) and SOVRENINS (-6.90%).

Sector Performances: Consumer Goods (+0.15%), Banking (-0.50%), Oil and Gas (-.0.01%) and Industrial.

Market activity: In today’s trade, total volume and value increased by 340% and 168% respectively, compared to this time yesterday, as investors have traded about 436 million units of shares worth N1.67 billion. 

TRANSCORP (+9.73%) is the most traded stock with about 392 million units of shares worth N796 million accounting for 90% and 48% of the total volume and value traded.

Likely close: Barring any significant increase in the prices of AIRTELAFRI, DANGCEM and MTNN, the market should remain unchanged.

Leave a Comment

Your email address will not be published. Required fields are marked *

*