January 25, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.14%

Top Gainers and Losers: JAPAULGOLD (+9.80%), CHAMS (+9.68%), HONYFLOUR (-9.90%) and SOVREININS (-9.43%).

Sector Performances: Banking (+0.23%), Consumer Goods (+0.19%), Industrial (-0.07%) and Oil & Gas (-0.07%).

Market activity: In today’s trade, total volume decreased by 12% while total value increased by 20% respectively, when compared to this time yesterday, as investors have traded about 220 million units of shares worth N4.56 billion.

UBA (+0.17%) is the most traded stock by volume and value with about 41 million units of shares worth about N1.22 billion worth accounting for 18% of the total volume and 27% of the total value.

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