February 7, 2025/InvestmentOne Update

ASI as at 12.00pm: +0.29%

Top Gainers and Losers: UPDC (+9.75%), FIDSON (+9.42%), FTNCOCOA (-4.79%) and TANTALIZER (-3.85%).

Sector Performances: Banking (+0.76%) Industrial (+0.32%), Oil & Gas (+0.02%) and Consumer Goods.

Market activity: In today’s trade, total volume advanced by 3% while total value declined by 42%, when compared to this time yesterday, as investors have traded about 213 million units of shares worth NGN7.52 billion. 

ZENITHBANK (+0.80%) is the most traded stock by volume and value with about 96 million units of shares worth about NGN4.33 billion accounting for 45% of the total volume 58% 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.