Intraday Update: Nigerian Stocks Trade Flat

Image Credit: InvestmentOne

December 19, 2023/InvestmentOne Update

ASI as at 12.00pm: 0.00%

Top Gainers and Losers: INFINITY (+10.00%), CAVERTON (+10.00%), PRESTIGE (-9.62%) and JOHNHOLT (-7.76%).

Sector Performances: Consumer Goods (+0.03%), Industrial (+0.02%), Banking (-0.32%) and Oil & Gas.

Market activity: In today’s trade, total volume declined by 2%, while the total value advanced by 26%, when compared to this time yesterday, as investors have traded about 125 million units of shares worth N2.04 billion.

VERITIASKAP (+5.56%) is the most traded stock by volume with about 20 million units of shares accounting for 16% of the total volume.

GTCO is the most traded stock by value worth about N342 million worth of shares accounting for 17% of the total value.

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

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