Intraday Update: Nigerian Stocks Gain +0.09%, Driven by Blue Chips

Image Credit: InvestmentOne

March 7, 2025/InvestmentOne Update

ASI as at 12.00pm: +0.09%

Top Gainers and Losers: HONYFLOUR (+9.80%), MAYBAKER (+9.66%), TRANSCORP (-9.94%) and CHAMPION (-9.52%).

Sector Performances: Banking (+1.00%), Consumer Goods (+0.13%), Oil & Gas (+0.04%) and Industrial.

Market activity: In today’s trade, total volume and value advanced by 4% and 8% respectively, when compared to this time yesterday, as investors have traded about 165 million units of shares worth NGN4.90 billion. 

ACCESSCORP (-0.42%) is the most traded stock by volume with about 24 million units of shares accounting for 15% of the total volume. 

ZENITHBANK (+1.27%) is the most traded stock by value with about NGN832 million worth of shares accounting for 17% of the total value. 

Likely close: In the absence of any material decline in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close green.

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