February 22, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.01%

Top Gainers and Losers: REGALINS (+4.55%), STERLINGNG (+3.69%), ACADEMY (-9.84%) and LASACO (-9.64%).

Sector Performances: Banking (+0.37%), Industrial (+0.02%), Oil & Gas and Consumer Goods.

Market activity: In today’s trade, total volume decreased by 19% while total value increased by 12%, when compared to this time yesterday, as investors have traded about 76 million units of shares worth N1.91 billion.

UBA (-0.42%) is the most traded stock by volume with about 9 million units of shares accounting for 12% of the total volume.

AIRTELAFRI is the most traded stock by value worth about N482 million worth of shares accounting for 25% of the total value.

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