Intraday Update: NGXASI Gains +0.09% Buoyed by Bellwether Counters

NGX Building: Image Credit: NGX

December 1, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.09%

Top Gainers and Losers: UNITYBNK (+10.00%), IKEJAHOTEL (+10.00%), NNFM (-9.09%) and CHAMS (-4.06%).

Sector Performances: Banking (+1.22%), Oil & Gas (+0.27%), Consumer Goods (-0.02%) and. Industrial

Market activity: In today’s trade, total volume decreased by 18% while total value increased by 124%, when compared to this time yesterday, as investors have traded about 165 million units of shares worth N4.18 billion.

UNIVINSURE (+8.00%) is the most traded stock by volume with about 24 million units of shares accounting for 15% of the total volume.

DANGCEM is the most traded stock by value worth about N1.64 billion worth of shares accounting for 39% 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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