March 5, 2024/InvestmentOne Update
ASI as at 12.00pm: +0.14%
Top Gainers and Losers: TRANSCORP (+10.00%), TRANSPOWER (+10.00%), INTBREW (-10.00%) and MAYBAKER (-9.93%).
Sector Performances: Industrial (+0.01%), Consumer goods (-0.57%), Banking (-0.27%) and Oil & Gas.
Market activity: In today’s trade, total volume decreased by 35% while total value increased by 218%, when compared to this time last Friday, as investors have traded about 172 million units of shares worth N21.36 billion.
TRANSPOWER (+10.00%) is the most traded stock by volume and value with about 66 million units of shares worth about N19.10 billion accounting for 38% of the total value and 89% of the total volume.
Likely close: In the absence of any significant depreciation in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.
