ASI Intraday Update: Nigerian Stocks Gain +0.07%

Image Credit: InvestmentOne

May 12, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.07%

Top Gainers and Losers:  TRANSCORP (+9.75%), ARDOVA (+9.09%), CWG (-9.95%) and CILEASING (-9.86%).

Sector Performances: Oil and Gas (+1.00%), Industrial (+0.01%), Banking (-0.10%) and Consumer Goods (-0.08%).

Market activity: In today’s trade, total volume and value decreased by 47% and 29% respectively, compared to this yesterday, as investors have traded about 125 million units of shares worth N1.69 billion.

ACCESSCORP (-1.96%) is the most traded stock by volume with about 43 million units of shares accounting for 34% of the total volume.

GEREGU is the most traded stock by value with about N425 million worth of shares accounting for 25% of the total value.

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

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