June 14, 2023/InvestmentOne Update
ASI as at 12.00pm: +2.36%
Top Gainers and Losers: INTBREW (+10.00%), TRANSCHOT (+9.99%), CORNERST (-9.65%) and PHARMDEKO (-9.65%).
Sector Performances: Banking (+25.32%), Oil and Gas (+9.38%), Consumer Goods (+3.01%) and Industrial (+0.79%).
Market activity: In today’s trade, total volume and value decreased by 18% and 23%, respectively compared to this time yesterday, as investors have traded about 527 million units of shares worth N8.19 billion.
UBA (+9.63%) is the most traded stock by volume with about 121 million units of shares accounting for 23% of the total volume.
ZENITHBANK (+7.31%) is the most traded stock by value with about N2 billion worth of shares accounting for 24% of the total value.
Likely close: In the absence of any substantial losses in the prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.
