August 30, 2023/InvestmentOne Report

ASI as at 12.00pm: +0.02%

Top Gainers and Losers: UPL (+9.77%), CHAMPION (+9.72%), FTNCOCOA (-9.91%) and CWG (-9.88%).

Sector Performances: Consumer Goods (+0.57%), Industrial (+0.08%), Banking (-0.46%) and Oil and Gas (-0.02%).

Market activity: In today’s trade, total volume and value surged by 116% and 110%, compared to this time yesterday, as investors have traded about 352 million units of shares worth N4.32 billion.

TRANSCORP (+3.42%) is the most traded stock by volume and value with about 180 million units of shares worth N1.35 billion accounting for 51% of the total volume and 31% of the total value.

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