Intraday Update: Nigerian Stocks Inch Up +0.28%, Buoyed by Blue Chips

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April 24, 2025/InvestmentOne Report

ASI as at 12.00pm: +0.28%

Top Gainers and Losers: CORNERST (+9.86%), VFDGROUP (+9.62%), CWG (-10.00%) and TIP (-9.80%).

Sector Performances: Consumer Goods (+1.50%), Banking (+1.36%), Industrial (-0.20%) and Oil & Gas.

Market activity: In today’s trade, total volume, and value increased by 92% and 82% respectively, when compared to this time yesterday, as investors have traded about 228 million units of shares worth NGN6.04 billion. 

FIDELITYBK (+1.60%) is the most traded stock by volume with about 59 million units of shares accounting for 26% of the total volume. 

GTCO (+1.67%) is the most traded stock by value with about NGN2.27 billion worth of shares accounting for 38% of the total value. 

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

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