October 28, 2019/InvestmentOne Update
ASI as at 12.00pm: +0.16%.
Market movers: COURTVILLE (+9.52%), AIICO (+6.35%) and FO (-0.31%).
Sector Performances: Industrial (+1.58%), Banking (+0.05%), Consumer Goods and Oil & Gas (-0.02%).
Market activity: In today’s early trade, while total volume rose by about 190%, total value declined by 70% compared to this time last week Friday as investors have exchanged about 385million units of shares valued at N322million. VERITASKAP is the most actively traded stock thus far with about 347million units of shares accounting for about 90% of the total volume.
Likely close: In the absence of a significant decline in the price of DANGCEM and MTNN, the market may close up today if the gains recorded in Industrial and Banking sectors persist.
