November 1, 2023/InvestmentOne Update

ASI as at 12.00pm: +1.82%

Top Gainers and Losers: AIRTELAFRI (+10.00%), CHAMS (+9.91%), CAVERTON (-7.74%) and VERITASKAP (-3.85%).

Sector Performances: Banking (+1.24%), Industrial, Consumer Goods and Oil & Gas.

Market activity: In today’s trade, total volume decreased by 3%, while total value increased by 77%, compared to this time yesterday, as investors have traded about 236 million units of shares worth N4.45 billion.

UBA (+3.35%) is the most traded stock by volume with about 118 million units of shares and N2.49 billion worth of shares accounting for 50% and 56% of the total volume and value.

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