February 9, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.56%

Top Gainers and Losers: GEREGU (+9.92%), MEYER (+9.86%), TRANSCOHOT (-10.00%) and ETERNA (-1.95%).

Sector Performances: Banking (+2.12%), Consumer Goods (+0.62%), Oil & Gas (+0.09%) and Industrial (+0.05%).

Market activity: In today’s trade, total volume and value advanced by 19% and 111% respectively, when compared to this time yesterday, as investors have traded about 156 million units of shares worth N4.58 billion.

TRANSCORP (+4.74%) is the most traded stock by volume with about 20 million units of shares accounting for 13% of the total volume.

GEREGU (+9.92%) is the most traded stock by value worth about N2.05 billion worth of shares accounting for 45% 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 in the green zone.