August 18, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.46%

Top Gainers and Losers: JOHNHOLT (+9.85%), TRANSCORP (+4.24%), CWG (-9.72%) and GUINEAINS (-9.37%).

Sector Performances: Industrial (+1.57%), Consumer Goods (-0.17%), Banking (-0.13%) and Oil and Gas.

Market activity: In today’s trade, total volume and value increased by 17% and 38% respectively, compared to this time yesterday, as investors have traded about 122 million units of shares worth N1.89 billion.

TRANSCORP (+4.24%) is the most traded stock by volume with about 38 million units of shares accounting for 31% of the total volume.

DANGCEM (+2.89%) is the most traded stock by value with about N490 million worth of shares accounting for 26% of total value.

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