August 29, 2019/InvestmentOne Update
ASI as at 12.00pm: +0.09%.
Market movers: MBENEFIT (+10.00%), CONTINSURE (+9.79%), CHAMS (-7.14%), OANDO (-3.85%).
Sector Performances: Banking (+0.31%), Consumer Goods (+0.06%), Oil & Gas (-0.29%) and Industrial.
Market activity: In today’s early trade, total volume and value declined by 30% and 78% respectively compared to this time yesterday as investors have exchanged about 19million units of shares worth about N111million. NEIMETH (+6.38%) is the most actively traded stock thus far with about 6million units of shares accounting for about 32% of total volume.
Likely close: In the absence of a significant loss in DANGCEM, the market may close up today if the gains in Banking and Consumer Goods sectors persist.


