Intraday Update: NGXASI Gains +0.98% Driven by Bellwether Counters

Image Credit: InvestmentOne

September 13, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.98%

Top Gainers and Losers: DANGSUGAR (+10.00%), NASCON (+10.00%), ROYALEX (-10.00%) and COURTVILLE (-10.00%).

Sector Performances: Banking (+5.46%), Consumer Goods (+1.27%), Oil and Gas (-0.29%) and Industrial (-0.02%).

Market activity: In today’s trade, total volume and value decreased by 4% and 13% respectively, compared to this time yesterday, as investors have traded about 293 million units of shares worth N4.66 billion.

OANDO (+3.78%) is the most traded stock by volume and value with about 107 million units of shares and N1.03 billion worth of shares accounting for 37% and 22% of the total volume and value.

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

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