November 12, 2019/InvestmentOne Update
ASI as at 12.00pm: +0.37%.
Market movers: CCNN (+9.14%), UNIONDAC (+9.09%), JAIZBANK (-5.17%) and CHIPLC (-2.56%).
Sector Performances: Industrial (+2.03%), Banking (+0.73%), Consumer Goods (+0.33%) and Oil & Gas.
Market activity: In today’s early trade, total volume and value rose by 7% and 35% respectively compared to this time last Friday as investors have exchanged about 121million units of shares valued at N2.01billion. GUARANTY (-0.35%) is the most actively traded stock thus far with about 36million units of shares accounting for about 30% of the total volume.
Likely close: In the absence of significant loss in the prices of DANGCEM and MTNN, the market may close up today if the gains recorded in most sectors persist.
