August 7, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.04%

Top Gainers and Losers: WEMABANK (+10.00%), SUNUASSUR (+9.68%), PRESTIGE (-9.80%) and UACN (-8.68%).

Sector Performances: Banking (+0.65%), Consumer Goods (+0.22%), Oil and Gas (+0.20%) and Industrial (-0.02%).

Market activity: In today’s trade, total volume and total value decreased by 7% and 14%, compared to this time last week Friday, as investors have traded about 102 million units of shares worth N1.18 billion.

ETERNA (+4.27%) is the most traded stock by volume and value with about 9 million units of shares and N178 million worth of shares accounting for 9% and 15% of the total volume and value.

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