June 30, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.16%

Top Gainers and Losers: ETERNA (+9.95%), LEARNAFRICA (+9.93%), PHARMDEKO (-10.00%) and MORISON (-9.64%).

Sector Performances: Banking (+0.91%), Oil and Gas (+0.78%), Consumer Goods (+0.37%) and Industrial (-0.45%).

Market activity: In today’s trade, total volume increased by 17%, while total value decreased by 12% respectively, compared to this time last trading day, as investors have traded about 319 million units of shares worth N4.63 billion. 

GTCO (+2.03%) is the most traded stock by volume and value with about 38 million units of shares worth N1.3 billion accounting for 12% and 29% of the total volume and value, respectively. 

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