July 4, 2023/InvestmentOne Update

ASI as at 12.00pm: -0.51%

Top Gainers and Losers:, LASACO (-11.99%), NSLTECH (-10.00%), ETERNA (+9.96%) and FTNCOCOA (+9.92%).

Sector Performances: Banking (-3.22%), Consumer Goods (-0.44%), Industrial (-0.14%) and Oil and Gas (+1.91%).

Market activity: In today’s trade, total volume increased by 15% while total value decreased by 15%, compared to this time yesterday, as investors have traded about 532 million units of shares worth N4.34 billion.

FCMB (-0.37%) is the most traded stock by volume with about 93 million units of shares accounting for 18% of the total volume.

ZENITHBANK (-3.26%) is the most traded stock by value with about N533 million worth of shares accounting for 12% of the total value.

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