Intraday Update: Nigerian Stocks Inch Up +0.01%, Buoyed by Blue-Chips

Image Credit: InvestmentOne

June 20, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.01% 

Top Gainers and Losers: CHAMPION (+9.88%), VERITASKAP (+9.88%), INTENEGINS (-8.86%) and REGALINS (-8.51%). 

Sector Performances: Industrial (+0.02%), Consumer Goods (+0.01%), Banking (-0.21%) and Oil & Gas. 

Market activity: In today’s trade, total volume and value increased by 347% and 902% respectively, when compared to this time yesterday, as investors have traded about 689 million units of shares worth N14.53 billion. 

FBNH (-0.23%) is the most traded stock by volume with about 567 million units of shares worth about N12.47 billion accounting for 82% of the total volume and 85% of the total value.    

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

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