Intraday Update: Nigerian Stocks Inch Up +0.07%, Buoyed by Blue Chips

Image Credit: InvestmentOne

September 17, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.07%

Top Gainers and Losers: FLOURMILL (+10.00%), FBNH (+10.00%), ABBEYBDS (-9.88%) and MECURE (-9.63%).

Sector Performances: Banking (+1.13%), Consumer Goods (+0.93%), Oil & Gas (-0.49%) and Industrial.

Market activity: In today’s trade, total volume and value advanced by 69% and 26% respectively when compared to this time last Friday, as investors have traded about 215 million units of shares worth NGN2.80 billion. 

JAPAULGOLD (-1.54%) is the most traded stock by volume with about 66 million units of shares accounting for 31% of the total volume. 

OANDO (-6.97%) is the most traded stock by value worth about N518 million accounting for 19% of the total value.

Likely close: Barring any significant decline in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close green.

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