September 19, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.58%

Top Gainers and Losers: ELLAHLAKES (+10.00%), BERGER (+9.95%), ETERNA (-10.00%) and MULTIVERSE (-9.93%).

Sector Performances: Consumer Goods (+3.22%), Industrial (+0.60%), Banking (+0.14%) and Oil and Gas (-0.32%).

Market activity: In today’s trade, total volume and value declined by 0.41% and 69%, compared to this time yesterday, as investors have traded about 240 million units of shares worth N1.59 billion.

UNIVINSURE (-4.76%) is the most traded stock by volume with about 70 million units of shares accounting for 29% of the total volume.

UBA (-0.84%) is the most traded stock by value with about N384 million worth of shares accounting for 24% of the total value.

Likely close: Without any substantial decrease in the prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.