October 15, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.19%

Top Gainers and Losers: ELLAHLAKES (+7.50%), DAARCOMM (+6.90%), ABCTRANS (-9.09%) and STANBIC (-7.11%).

Sector Performances: Oil & Gas (+0.08%), Consumer Goods (+0.03%), Banking (-1.57%) and Industrial.

Market activity: In today’s trade, total volume and value advanced by 23% and 861% respectively, when compared to this time yesterday, as investors have traded about 140 million units of shares worth NGN17.98 billion. 

ACCESSCORP (+1.28%) is the most traded stock by volume with about 40 million units of shares accounting for 29% of the total volume. 

ARADEL (+3.51%) is the most traded stock by value with about NGN15.40 billion worth of shares accounting for 86% 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 positive.