June 4, 2020/InvestmentOne Update
ASI as at 12.00pm: -0.04%.
Market movers: CHAMS (-6.90%), UNIONDAC (-6.67%), LINKASSURE (+9.76%) and SKYAVN (+9.69%).
Sector Performances: Oil & Gas (-0.39%), Banking (+0.29%), Consumer Goods (+0.07%) and Industrial.
Market activity: In today’s early trade, total volume and value fell by 20% and 24% respectively compared to this time yesterday as investors have traded about 129million units of shares worth about N839million. FBNH (+0.91%) is the most actively traded stock thus far with about 23million units of shares accounting for about 18% 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 loss in Oil & Gas sector persists.
