Intraday Update: NGXASI Gains +0.62%

Image Credit: InvestmentOne

July 6, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.62%

Top Gainers and Losers: ETERNA (+10.00%), LEARNAFRCA (+10.00%), CHAMPION (-10.00%) and WAPIC (-9.59%).

Sector Performances: Banking (+0.67%), Oil and Gas (+0.58%), Consumer Goods (+0.13%) and Industrial (+0.05%).

Market activity: In today’s trade, total volume and value increased by 1266% and 2421% respectively, compared to this time yesterday, as investors have traded about 4.89 billion units of shares worth N89 billion.

FBNH (+1.62%) is the most traded stock by volume and value with about 4.6 billion units of shares and N86 billion worth of shares accounting for 94% and 97% 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.

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