Intraday Update: NigerianStocks Inch Up +0.15, Buoyed by Bellwether Counters

Image Credit: InvestmentOne

June 10, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.15% 

Top Gainers and Losers: CHAMS (+9.74%),  GUINEAINS (+9.68%), INTENEGINS (-7.84%) and FCMB (-6.33%). 

Sector Performances: Banking (+1.41%), Consumer GoodsOil & Gas and Industrial. 

Market activity: In today’s trade, total volume and value declined by 3% and 14% respectively, when compared to this time yesterday, as investors have traded about 143 million units of shares worth N2.09 billion. 

ACCESSCORP (+9.28%) is the most traded stock by volume with about 52 million units of shares worth about N961 million accounting for 36% of the total volume and 46% 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 positive.

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