May 21, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.17%.
Market movers: UNITYBNK (+8.00%), WAPIC (+6.45%), ARBICO (-9.91%) and FLOURMILL (-4.76%).
Sector Performances: Industrial (+0.76%), Banking (+0.42%), Oil & Gas (+0.08%) and Consumer Goods (-0.29%).
Market activity: In today’s early trade, total volume and value rose by 27% and 43% respectively compared to this time yesterday as investors have traded 120million units of shares worth about N1.16million. EKOCORP is the most actively traded stock thus far with about 57million units of shares accounting for about 49% 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 most sectors persist.
