Intraday Update: Nigerian Stocks Inch Up +0.07% on Bellwether Gains

Image Credit: InvestmentOne

December 6, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.07%

Top Gainers and Losers: NSLTECH (+7.69%), SOVRENINS (+7.69%), CORNERST (-7.88%) and CHAMPION (-5.00%).

Sector Performances: Banking (+0.38%), Industrial (+0.02%), Oil & Gas (-0.15%) and Consumer Goods (-0.02%).

Market activity: In today’s trade, total volume and value increased by 89% and 180% respectively, when compared to this time yesterday, as investors have traded about 788 million units of shares worth NGN10.59 billion. 

WEMABANK is the most traded stock by volume and value with about 451 million units of shares worth about NGN3.93 billion accounting for 57% and 37% of the total volume and value. 

Likely close: Barring any substantial decline in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close green.

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