August 2, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.04%

Top Gainers and Losers: NPFMCRFBK (+10.0%), SKYAVN (+9.96%), TIP (-10.00%) and OMATEK (-9.76%).

Sector Performances: Consumer Goods (+0.06%), Banking (+0.04%), Industrial and Oil and Gas.

Market activity: In today’s trade, total volume and total value decreased by 27% and 49%, compared to this time yesterday, as investors have traded about 106 million units of shares worth N1.26 billion.

ETI is the most traded stock by volume and value with about 11 million units of shares and N167 million worth of shares accounting for 11% and 15% of the total volume and value.

Likely close: Without any increases in the prices of AIRTELAFRI, DANGCEM and MTNN, the market should close downwards.