Intraday Update: NGAASI Gains +0.18% Driven by Blue-Chips

Image Credit: InvestmentOne

October 11, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.18%

Top Gainers and Losers: THOMASWY (+9.81%), DAARCOMM (+9.52%), OMATEK (-8.33%) and AFRIPRUD (-7.80%).

Sector Performances: Industrial (+0.99%), Consumer Goods (+0.19%), Banking (-0.44%) and Oil and Gas.

Market activity: In today’s trade, total volume and value increased by 175% and 1% respectively, compared to this time yesterday, as investors have traded about 228 million units of shares worth N1.57billion.

NEIMETH (-4.22%) is the most traded stock by volume with about 163 million units of shares accounting for 71% of the total volume.

ZENITHBANK (-0.79%)  is the most traded stock by value with about N374 million worth of shares accounting for 24% of the total value.

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

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