Intraday Update: Nigerian Stocks Inch Up +0.94%, Buoyed by Blue Chips

Image Credit: InvestmentOne

February 19, 2025/InvestmentOne Update

ASI as at 12.00pm: +0.94%

Top Gainers and Losers: BUAFOODS (+9.91%), ETERNA (+6.25%), WAPIC (-7.41%) and NSLTECH (-5.88%).

Sector Performances: Consumer Goods (+4.29%), Banking (-0.26%), Oil & Gas (-0.04%) and Industrial.

Market activity: In today’s trade, total volume and value advanced by 1% and 0.48% respectively, when compared to this time yesterday, as investors have traded about 176 million units of shares worth NGN4.20 billion. 

ACCESSCORP (-0.72%) is the most traded stock by volume and value with about 55 million units of shares worth about NGN1.51 billion accounting for 31% of the total volume and 36% of the total value. 

Likely close: In the absence of any major downturn in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.

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