Intraday Update: Nigerian Stocks Gain +0.19%, Buoyed by Blue Chips

Image Credit: InvestmentOne

April 22, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.19% 

Top Gainers and Losers: JAPAULGOLD (+9.58%), STANBIC (+9.41%), PRESTIGE (-9.84%) and OMATEK (-9.52%). 

Sector Performances: Banking (+2.24%), Consumer Goods, Industrial and Oil & Gas. 

Market activity: In today’s trade, total volume and value increased by 26% and 35% respectively, when compared to this time last week Friday, as investors have traded about 123 million units of shares worth N1.83 billion. 

ACCESSCORP (-0.05%) is the most traded stock by volume and value with about 32 million units of shares worth about N544 million accounting for 26% and 30% of the total volume and value. 

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

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