February 10, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.15%.
Market movers: NPFMCRFBK (+9.82%), JAPAULOIL (+9.09%), VITAFOAM (-7.71%) and ETERNA (-6.98%).
Sector Performances: Industrial (+0.95%), Banking (-0.13%), Consumer Goods and Oil & Gas.
Market activity: In today’s early trade, total volume and value declined by 37% and 76% respectively compared to this time last Friday as investors have traded 32million units of shares worth about N198million. FCMB (-0.53%) is the most actively traded stock thus far with about 6million units of shares accounting for about 19% of the total volume.
Likely close: In the absence of a significant loss in the prices of DANGCEM and MTNN, the market may close up today if the buy-interests in Industrial names persist.
