August 27, 2019/InvestmentOne Update

ASI as at 12.00pm: -0.45%. 

Market movers: NEIMETH (-9.62%), TRANSEXPR (-9.09%), TRANSCORP (+4.85%), CCNN (+3.57%),

Sector Performances: Oil & Gas (-0.88%), Banking (-0.78%),Industrial (-0.06%) and Consumer Goods (-0.01%).

Market activity: In today’s early trade, total volume and value rose by 113% and 157% respectively, compared to this time yesterday as investors have exchanged about N64million units of shares worth about N1.9billion. FBNH (-0.99%) is the most actively traded stock thus far with about 12million units of shares accounting for about 19% of total volume.  

Likely close: In the absence of a significant gain in DANGCEM, the market may close down today if the losses across all sectors persist.