October 30, 2023/InvestmentOne Update

ASI as at 12.00pm: +1.14%

Top Gainers and Losers: CHELLARAM (+9.77%), UACN (+9.54%), MEYER (-9.87%) and UPDCREIT (-9.46%).

Sector Performances: Industrial (+2.99%), Banking (+0.55%), Consumer Goods (+0.10%) and Oil & Gas.

Market activity: In today’s trade, total volume and value increased by 66% and 2%, compared to this time last trading day, as investors have traded about 144 million units of shares worth N2.80 billion.

CUSTODIAN (+2.86%) is the most traded stock by volume with about 32 million units of shares accounting for 22% of the total volume.

MTNN (+0.61%) is the most traded stock by value with about N561 million worth of shares accounting for 20% of the total value.

Likely close: In the absence of any significant losses in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.