Intraday Update: Nigerian Stocks Inch Up +0.13%, Buoyed by Blue Chips

Image Credit: InvestmentOne

December 13, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.13%

Top Gainers and Losers: LINKASSURE (+10.00%), CAVERTON (+10.00%), AUSTINLAZ (-10.00%) and NSLTECH (-8.77%).

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

Market activity: In today’s trade, total volume advanced by 4% while total value declined by 18%, when compared to this time yesterday, as investors have traded about 194 million units of shares worth NGN2.51 billion. 

TANTALIZER (+0.57%) is the most traded stock by volume with about 54 million units of shares accounting for 28% of the total volume. 

OANDO (+5.31%) is the most traded stock by value with about NGN358 million worth of shares accounting for 14% of the total value. 

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

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