Intraday Update: Nigerian Stocks Gain +0.03%, Buoyed by Blue Chips

Image Credit: InvestmentOne

October 14, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.03%

Top Gainers and Losers: CONHALLPLC (+9.35%), FIDSON (+9.35%), REGALINS (-6.94%) and NSLTECH (-6.15%).

Sector Performances: Consumer Goods (+0.23%), Oil & Gas (+0.08%), Banking (-0.21%) and Industrial (-0.01%).

Market activity: In today’s trade, total volume and value advanced by 14% and 7% respectively, when compared to this time last Friday, as investors have traded about 114 million units of shares worth NGN1.87 billion. 

CUTIX (-3.09%) is the most traded stock by volume with about 37 million units of shares accounting for 32% of the total volume. 

STANBIC is the most traded stock by value with about NGN816 million worth of shares accounting for 44% of the total value. 

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

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