Intraday Update: Nigerian Stocks Gain +0.16%, Buoyed by Blue Chips

Image Credit: InvestmentOne

February 6, 2025/InvestmentOne Update

ASI as at 12.00pm: +0.16%

Top Gainers and Losers: WAPIC (+10.00%), CADBURY (+9.88%), VERITASKAP (-6.25%) and AFRIPRUD (-5.54%).

Sector Performances: Oil & Gas (+0.52%), Consumer Goods (+0.35%),  Banking (+0.13%) and Industrial (+0.05%).

Market activity: In today’s trade, total volume declined by 18% while total value advanced by 81%, when compared to this time yesterday, as investors have traded about 206 million units of shares worth NGN13.04 billion. 

UPDC (+9.77%) is the most traded stock by volume with about 21 million units of shares accounting for 10% of the total volume. 

GEREGU is the most traded stock by value with about NGN8.28 billion worth of shares accounting for 63% 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 green.

Leave a Comment

Your email address will not be published. Required fields are marked *

*