September 8, 2023/InvestmentOne Report

ASI as at 12.00pm: +0.06%

Top Gainers and Losers: OANDO (+10.00%), NEIMETH (+9.80%), CHELLARAM (-9.94%) and OMATEK (-9.37%).

Sector Performances: Consumer Goods (+0.78%), Industrial (+0.16%), Banking (+0.04%) and Oil and Gas.

Market activity: In today’s trade, total volume and value decreased by 9% and 40% respectively, compared to this time yesterday, as investors have traded about 174 million units of shares worth N2.85 billion.

OANDO (+10.00%) is the most traded stock by volume with about 29 million units of shares accounting for 17% of the total volume.

DANGSUGAR (+0.78%) is the most traded stock by value with about N419 million worth of shares accounting for 15% 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.