Intraday Update: NGXASI Gains +0.26% Driven by Bellwether Counters

NGX Building: Image Credit: NGX

December 13, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.26%

Top Gainers and Losers: SCOA (+9.88%), ROYALEX (+9.38%), NSLTECH (-9.23%) and REGALINS (-8.11%).

Sector Performances: Banking (+0.30%), Industrial (+0.01%), Consumer Goods and Oil & Gas.

Market activity: In today’s trade, total volume and value advanced by 17% and 10% respectively when compared to this time yesterday, as investors have traded about 147 million units of shares worth N3.10 billion.

GTCO (+0.51%) is the most traded stock by volume and value with about 28 million units of shares worth N1.13 billion accounting for 19% and 36% of the total volume and value.

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

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