October 27, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.22%

Top Gainers and Losers: BERGER (+10.00%), JAPAULGOLD (+10.00%), ACADEMY (-9.90%) and CILEASING (-9.28%).

Sector Performances: Oil & Gas (+2.31%), Industrial (+0.10%), Consumer Goods (+0.07%) and Banking (-0.13%).

Market activity: In today’s trade, total volume and value declined by 16% each, compared to this time yesterday, as investors have traded about 87 million units of shares worth N2.75 billion.

TRANSCORP (-2.36%) is the most traded stock by volume with about 13 million units of shares accounting for 19% of the total volume.

SEPLAT (+3.70%) is the most traded stock by value with about N967 million worth of shares accounting for 53% of the total value.

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