Intraday Update: Nigerian Stocks Gain +0.03%, Buoyed by Blue Chips

Image Credit: InvestmentOne

February 10, 2025/InvestmentOne Update

ASI as at 12.00pm: +0.03%

Top Gainers and Losers: BETAGLAS (+10.00%), HONYFLOUR (+9.98%), INTENEGINS (-10.00%) and RTBRISCOE (-10.00%).

Sector Performances: Oil & Gas (+0.17%), Consumer Goods (+0.14%), Industrial (+0.07%) and Banking (-0.59%).

Market activity: In today’s trade, total volume advanced by 15% while total value declined by 4%, when compared to this time last trading day, as investors have traded about 244 million units of shares worth NGN4.17 billion. 

FIDELITYBK (-3.37%) is the most traded stock by volume and value with about 56 million units of shares worth about NGN1.13 billion accounting for 23% of the total volume 27% 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Your email address will not be published.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 *

*