January 29, 2024/InvestmentOne Update
ASI as at 12.00pm: +2.27%
Top Gainers and Losers: OANDO (+9.96%), DANGCEM (+9.93%), DAARCOMM (-10.00%) and IKEJAHOTEL (-10.00%).
Sector Performances: Industrial (+6.44%), Consumer Goods (-0.41%), Banking (-0.26%) and Oil & Gas.
Market activity: In today’s trade, total volume and value increased by 29% and 231% respectively, when compared to this time last week Friday, as investors have traded about 298 million units of shares worth N12.61 billion.
JAPAULGOLD (+3.90%) is the most traded stock by volume with about 48 million units of shares accounting for 16% of the total volume.
DANGCEM (+9.93%) is the most traded stock by value worth about N6.84 billion worth of shares accounting for 54% of the total value.
Likely close: In the absence of any significant decline in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.
