Intraday Update: Nigerian Stocks Inch Up +0.17%, Buoyed by Blue Chips

Image Credit: InvestmentOne

December 2, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.17%

Top Gainers and Losers: HMCALL (+9.54%), ROYALEX (+8.77%), REGALINS (-9.80%) and LASACO (-9.75%).

Sector Performances: Industrial (+0.90%), Consumer Goods (+0.25%), Banking (-0.41%) and Oil & Gas (-0.30%).

Market activity: In today’s trade, total volume and value increased by 47% and 16% respectively, when compared to this time last week Friday, as investors have traded about 515 million units of shares worth NGN15.08 billion. 

FBNH (+2.94%) is the most traded stock by volume with about 126 million units of shares accounting for 24% of the total volume. 

SEPLAT is the most traded stock by value with about NGN7.74 billion worth of shares accounting for 51% 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.

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