May 13, 2020/InvestmentOne Report

ASI as at 12.00pm: +0.06%. 

Market movers:   UNILEVER (+9.96%), MAYBAKER (+9.70%), UNIONDAC (-6.45%) and JAIZBANK (-6.45%). 

Sector Performances:  Consumer Goods (+0.39%), Industrial (-0.13%), Banking (-0.03%) and Oil & Gas.  

Market activity: In today’s early trade, while total volume fell by 13%, total value rose by 21% compared to this time yesterday as investors have traded 45million units of shares worth about N399million. REGALINS is the most actively traded stock thus far with about 8million units of shares accounting for about 18% 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 names persist.