Intraday Update: Nigerian Stocks Gains +0.28%, Buoyed by Blue Chips

Image Credit: InvestmentOne

May 29, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.28% 

Top Gainers and Losers: NASCON (+9.66%), WAPIC (+9.38%), DEAPCAP (-10.00%) and VERITASKAP (-3.39%). 

Sector Performances: Banking (+2.25%), Consumer Goods (+0.12%), Industrial (-0.15%) and Oil & Gas. 

Market activity: In today’s trade, total volume and value both increased by 29% and 24% respectively, when compared to this time yesterday, as investors have traded about 93 million units of shares worth N1.48 billion. 

ACCESSCORP (+0.88%) is the most traded stock by volume and value with about 28 million units of shares worth about N488 Million accounting for 30% and 33% 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 positive.

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