May 24, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.16%

Top Gainers and Losers: UPL (+9.76%), RTBRISCOE (+9.68%), CHELLARAM (-9.82%) and CHAMS (-8.57%).

Sector Performances: Oil and Gas (+1.57%), Consumer Goods (+0.23%), Industrial (+0.02%) and Banking (-0.01%).

Market activity: In today’s trade, total volume increased by 43% and 192% respectively, compared to this time yesterday, as investors have traded about 183 million units of shares worth N4.09 billion.

ACCESSCORP (+2.38%) is the most traded stock by volume with about 32 million units of shares accounting for 17% of the total volume.

SEPLAT (+2.13%) is the most traded stock by value with about N1.53 billion worth of shares accounting for 37% of the total value.

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