October 3, 2023/InvestmentOne Update
ASI as at 12.00pm: +0.60%
Top Gainers and Losers: BUACEMENT (+9.94%), BETAGLAS (+9.93%), REDSTAREX (-9.86%) and TANTALIZER (-9.37%).
Sector Performances: Industrial (+3.51%), Banking (+0.05%), Consumer Goods (-0.05%) and Oil and Gas.
Market activity: In today’s trade, total volume and value increased by 109% and 33%, respectively compared to this time last trading day, as investors have traded about 146 million units of shares worth N1.22 billion.
CHIPLC (+7.14%) is the most traded stock by volume with about 60 million units of shares accounting for 41% of the total volume.
AIRTELAFRI is the most traded stock by value with about N169 million worth of shares accounting for 14% of the total value.
Likely close: Without any substantial fall in the prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.
