January 9, 2025/InvestmentOne Update
ASI as at 12.00pm: +0.84%
Top Gainers and Losers: MTNN (+10.00%), HONYFLOUR (+9.89%), SUNUASSUR (-9.99%) and TIP (-9.68%).
Sector Performances: Consumer Goods (+0.50%), Oil & Gas (+0.18%), Banking (+0.13%) and Industrial.
Market activity: In today’s trade, total volume and value declined by 28% and 54% respectively, when compared to this time yesterday, as investors have traded about 241 million units of shares worth NGN7.46 billion.
UNIVINSURE (+7.04%) is the most traded stock by volume with about 72 million units of shares accounting for 30% of the total volume.
SEPLAT is the most traded stock by value with about NGN4.41 billion worth of shares accounting for 60% of the total value.
Likely close: Barring any significant decline in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.
