Intraday Update: Nigerian Stocks Gain +0.18%, Buoyed by Blue Chips

Image Credit: InvestmentOne

July 15, 2024/InvestmentOne Update

ASI as at 12.00pm: 0.18%

Top Gainers and Losers:  CUTIX (+10.0%), LEARNAFRICA (+10.00), REDSTAREX (-9.80%)  and  DAARCOMM (-8.77%). 

Sector Performances: Banking (+1.52%), Oil & Gas (+0.01%), Industrial (-0.02%) and Consumer Goods. 

Market activity: In today’s trade, total volume increased by 4% while total value decreased by 138%, when compared to the last trading day, as investors have traded about 142 million units of shares worth N4.08 billion. 

GTCO (+3.08%) is the most traded stock by volume and value with about 53 million units of shares worth about N2.4 billion accounting for 37% and 58% of the total volume and value.      

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

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