April 23, 2020/InvestmentOne Update

ASI as at 12.00pm: -0.20%. 

Market movers:  LINKASSURE (-8.62%), SKYAVN (-7.22%), WEMABANK (+9.09%) and UCAP (+9.09%). 

Sector Performances:  Industrial (-3.24%), Oil & Gas (-0.25%), Consumer Goods (-0.01%) and Banking (+1.47%).

Market activity: In today’s early trade, while total volume inched up by 1%, total value declined 2% compared to this time yesterday as investors have traded 61million units of shares worth about N541million. ACCESS (+1.60%) is the most actively traded stock thus far with about 13million units of shares accounting for about 21% of the total volume. 

Likely close: In the absence of significant gains in the prices of MTNN and DANGCEM, the market may close down today if the losses in most sectors persist.