February 2, 2024/InvestmentOne Update

ASI as at 12.00pm: +1.19%

Top Gainers and Losers: STERLINGNG (+10.00%), TRANSCORP (+10.00%), PRESTIGE (-10.00%) and LASACO (-9.67%).

Sector Performances: Banking (+5.83%), Consumer Goods (+1.68%), Industrial (+0.15%) and Oil & Gas (+0.01%).

Market activity: In today’s trade, total volume and value increased by 43% and 144% respectively, when compared to this time yesterday, as investors have traded about 651 million units of shares worth N16.88 billion.

FBNH (+9.85%) is the most traded stock by volume and value with about 338 million units of shares worth about N8.85 billion accounting for 52% of the total volume and 52% of total value.

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