October 25, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.02%

Top Gainers and Losers: CAP (+10.00%), LIVESTOCK (+10.00%), MCNICHOLS (-4.46%) and DEAPCAP (-3.17%).

Sector Performances: Oil & Gas (+0.04%), Industrial (+0.03%), Banking (-0.22%) and Consumer Goods.

Market activity: In today’s trade, total volume and value decreased by 19% and 50% respectively, when compared to this time yesterday, as investors have traded about 203 million units of shares worth NGN3.04 billion. 

CHAMS (-2.44%) is the most traded stock by volume with about 83 million units of shares accounting for 41% of the total volume. 

UBA (+0.69%) is the most traded stock by value with about NGN564 million worth of shares accounting for 19% of the total value. 

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