January 19, 2024/InvestmentOne Update
ASI as at 12.00pm: +2.49%
Top Gainers and Losers: BUACEMENT (+10.00%), MAYBAKER (+9.99%), PZ (-9.95%) and ROYALEX (-9.64%).
Sector Performances: Industrial (+9.20%), Oil & Gas (+0.53%), Consumer Goods (+0.40%) and Banking (-0.87%).
Market activity: In today’s trade, total volume and value decreased by 40% and 12% respectively, when compared to this time yesterday, as investors have traded about 310 million units of shares worth N5.30 billion.
TRANSCORP (-1.56%) is the most traded stock by volume with about 42 million units of shares accounting for 14% of the total volume.
BUACEMENT (+10.00%) is the most traded stock by value worth about N844 million worth of shares accounting for 16% of the total value.
Likely close: In the absence of any significant upward movement in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.
