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

Image Credit: InvestmentOne

September 6, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.19%

Top Gainers and Losers: OANDO (+10.00%), LIVESTOCK (+9.71%), DAARCOMM (-9.86%) and DEAPCAP (-9.62%).

Sector Performances: Consumer Goods (+0.33%), Oil & Gas (+0.05%), Banking (+0.03%) and Industrial (-0.19%).

Market activity: In today’s trade, total volume, and value advanced by 5% and 68%, respectively when compared to this time yesterday, as investors have traded about 165 million units of shares worth NGN6.22 billion. 

JAIBANK (+5.09%) is the most traded stock by volume with about 54 million units of shares accounting for 33% of the total volume. 

DANGCEM is the most traded stock by value worth about N3.56 billion accounting for 57% of the total value. 

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

Leave a Comment

Your email address will not be published. Required fields are marked *

*