April 16, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.22%.
Market movers: NESTLE (+10.00%), INTBREW (+10.00%), ZENITHBANK (-9.75%) and UBA (-7.69%).
Sector Performances: Consumer Goods (+5.78%), Oil & Gas (+0.33%), Banking (-6.74%) and Industrial (-2.04%).
Market activity: In today’s early trade, total volume and value rose by 26% and 118% respectively compared to this time yesterday as investors have traded 153million units of shares worth about N2.27billion. ZENITHBANK (-9.75%) is the most actively traded stock thus far with about 57million units of shares accounting for about 37% of the total volume.
Likely close: In the absence of significant losses in the prices of MTNN and DANGCEM, the market may close up today if the gains in Consumer Goods and Oil & Gas sectors persist



