July 7, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.52%

Top Gainers and Losers: AFROMEDIA (+10.00%), FTNCOCOA (+10.00%), ROYALEX (-10.00%) and CHELLARAM (-9.77%).

Sector Performances: Banking (+2.07%), Oil and Gas (+0.53%), Consumer Goods (+0.14%) and Industrial.

Market activity: In today’s trade, total volume and value decreased by 93% and 97% respectively, compared to this time yesterday, as investors have traded about 348 million units of shares worth N2.92 billion.

UNIVINSURE (+8.00%) is the most traded stock by volume with about 48 million units of shares accounting for 14% of the total volume.

DANGCEM is the most traded stock by value with about N472 million worth of shares accounting for 16% 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.