October 12, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.04%

Top Gainers and Losers: THOMASWY (+9.79%), MBENEFIT (+7.14%), CORNERST (-6.06%) and OMATEK (-2.27%).

Sector Performances: Banking (+0.32%), Consumer Goods (+0.07%), Industrial (+0.06%) and Oil and Gas.

Market activity: In today’s trade, total volume and value decreased by 61% and 34% respectively, compared to this time yesterday, as investors have traded about 89 million units of shares worth N1.03billion.

FIDELITYBK (+1.22%) is the most traded stock by volume and value with about 25 million units of shares worth N206 million accounting for 71% and 24% of the total volume and value.

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