Intraday Update: NGXASI Gains +0.37% Driven by Blue Chips

December 21, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.37%

Top Gainers and Losers: IMG (+10.00%), TRANSCORP (+10.00%), IKEJAHOTEL (-10.00%) and TRIPPLEG (-9.66%).

Sector Performances: Banking (+1.00%), Consumer Goods (+0.14%), Industrial (+0.09%) and Oil & Gas.

Market activity: In today’s trade, total volume increased by 28% while the total value decreased by 35%, when compared to this time yesterday, as investors have traded about 203 million units of shares worth N3.09 billion.

TRANSCORP (+10.00%) is the most traded stock by volume with about 47 million units of shares accounting for 23% of the total volume.

ACCESSCORP (+0.44%) is the most traded stock by value worth about N995 million worth of shares accounting for 32% of the total value.

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

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