ASI Intraday Update: NGX Dips -0.01%

NGX Building: Image Credit: NGX

May 3, 2023/InvestmentOne Update

ASI as at 12.00pm: -0.10%

Top Gainers and Losers: TRANSCORP (-9.88%), INTENEGINS (-8.87%), CHAMS (+10.00%) and ARDOVA (+9.25%).

Sector Performances: Consumer Goods (-0.51%), Oil and Gas (+0.78%), Banking (+0.04%) and Industrial.

Market activity: In today’s trade, total volume and value decreased by 3% and 9% respectively, compared to this time yesterday, as investors have traded about 172 million units of shares worth N1.9 billion.

ACCESSCORP (+0.48%) is the most traded stock by volume and value with about 87 million units of shares and N892 million worth of shares accounting for 50% and 47% of the total volume and value, respectively.

Likely close: In the absence of any substantial uptick in the prices of AIRTELAFRI, DANGCEM and MTNN, the market should close negative.

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