November 7, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.27%

Top Gainers and Losers: ARADEL (+10.00%), JOHNHOLT (+9.77%), MAYBAKER (-9.62%) and TANTALIZER (-9.37%).

Sector Performances: Banking (+0.28%), Consumer Goods (+0.01%), Oil & Gas (-0.04%) and Industrial (-0.03%).

Market activity: In today’s trade, total volume and value advanced by 177% and 116% respectively, when compared to this time yesterday, as investors have traded about 418 million units of shares worth NGN10.04 billion. 

CONHALLPLC (+3.45%) is the most traded stock by volume with about 119 million units of shares accounting for 28% of the total volume. 

JBERGER is the most traded stock by value with about NGN4.23 billion worth of shares accounting for 42% of the total value. 

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