October 14, 2019/InvestmentOne Update
ASI as at 12.00pm: -0.10%.
Market movers: GSPECPLC (-9.62%), CUTIX (-8.00%), CONTINSURE (+1.77%) and UCAP (+0.47%).
Sector Performances: Banking (-0.33%), Oil & Gas, Consumer Goods, and Industrial.
Market activity: In today’s early trade, total volume and value jumped 244% and 1041% respectively compared to this time last Friday as investors have exchanged about 62million units valued at N1.69billion. GSPECPLC (-9.62%) is the most actively traded stock thus far with about 36million units of shares accounting for about 58% of the total volume.
Likely close: In the absence of significant rise in prices of DANGCEM and MTNN, the market may close down today if the loss in Banking sector persists.
