September 2, 2019/InvestmentOne Update

ASI as at 12.00pm: +0.23%. 

Market movers: CCNN (+9.78%), CORNERST (+9.52%), TRIPPLEG (-7.35%), MAYBAKER (-4.76%).

Sector Performances: Industrial (+1.92%), Banking (+0.56%), Consumer Goods (+0.14%), and Oil & Gas

Market activity: In today’s early trade, total volume rose by 14% while total value declined by 69% compared to this time last Friday as investors have exchanged about 16million units of shares worth about N151million. UBA (+5.13%) is the most actively traded stock thus far with about 3million units of shares accounting for about 19% of total volume.  

Likely close: In the absence of a significant loss in DANGCEM, the market may close up today if the gains in most sectors persist.