Intraday Update: NGXASI Gains +0.25% Driven by Bellwether Stocks

Image Credit: InvestmentOne

December 14, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.25%

Top Gainers and Losers: IKEJAHOTEL (+9.20%), STERLINGNG (+8.04%), NSLTECH (-5.97%) and MBENEFIT (-5.66%).

Sector Performances: Banking (+2.23%), Industrial (+0.02%), Consumer Goods (-0.05%) and Oil & Gas.

Market activity: In today’s trade, total volume and value advanced by 31% and 8% respectively when compared to this time yesterday, as investors have traded about 191 million units of shares worth N3.34 billion.

ACCESSCORP (+3.40%) is the most traded stock by volume and value with about 62 million units of shares worth N1.40 billion accounting for 32% and 42% 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 in the green zone.

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