Intraday Update: Nigerian Stocks Inch Up +0.16%, Buoyed Blue Chips

Image Credit: InvestmentOne

February 11, 2025/InvestmentOne Update

ASI as at 12.00pm: +0.16%

Top Gainers and Losers: DEAPCAP (+10.00%), ELLAHLAKES (+10.00%), SOVRENINS (-9.02%) and GUINEAINS (-7.06%).

Sector Performances: Consumer Goods (+0.11%), Banking (+0.09%), Oil & Gas (-0.05%) and Industrial (-0.01%).

Market activity: In today’s trade, total volume declined by 25% while total value advanced by 9%, when compared to this time yesterday, as investors have traded about 185 million units of shares worth NGN4.54 billion. 

ABCTRANS (+1.67%) is the most traded stock by volume with about 17 million units of shares accounting for 9% of the total volume. 

TRANSCORP (+9.64%) is the most traded stock by value with about NGN1 billion worth of shares accounting for 22% 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.

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