November 27, 2019/InvestmentOne Update
ASI as at 12.00pm: -0.06%.
Market movers: GLAXOSMITH (-9.52%), JAIZBANK (-6.67%), NEIMETH (+8.96%) and AIICO (+5.71%).
Sector Performances: Consumer Goods (-0.24%), Banking (-0.01%), Industrial and Oil & Gas.
Market activity: In today’s early trade, total volume and value fell by 17% and 67% compared to this time yesterday as investors have exchanged about 63million units of shares valued at N259million. TRANSCORP is the most actively traded stock thus far with about 22million units of shares accounting for about 35% of the total volume.
Likely close: In the absence of a significant gain in the prices of DANGCEM and MTNN, the market may close down today if the losses recorded in the Consumer Goods and Banking sectors persist.
