Intraday Update: NGXASI Rise +0.02% Driven by Bellwether Counters

Image Credit: InvestmentOne

November 23, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.02%

Top Gainers and Losers: MULTIVERSE (+9.98%), MECURE (+9.97%), ELLAHLAKES (-9.89%) and OMATEK (-9.17%).

Sector Performances: Banking (+0.19%), Industrial (+0.04%), Consumer Goods (+0.01%) and Oil & Gas.

Market activity: In today’s trade, total volume increased by 63%, while the total value decreased by 3% respectively, when compared to this time yesterday, as investors have traded about 390 million units of shares worth N1.42 billion.

UNIVINSURE (+8.33%) is the most traded stock by volume with about 158 million units of shares accounting for 41% of the total volume.

ZENITHBANK (+0.30%) is the most traded stock by value worth about N355 million worth of shares accounting for 25% 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.

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