June 16, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.21%.
Market movers: FIDSON (+10.00%), HONYFLOUR (+9.09%), NEIMETH (-9.91%) and PRESTIGE (-9.52%).
Sector Performances: Industrial (+1.03%), Banking (+0.38%), Consumer Goods (+0.05%) and Oil & Gas.
Market activity: In today’s early trade, while total volume fell by 22%, total value rose by 4% compared to this time yesterday as investors have traded about 54million units of shares worth about N389million. ZENITHBANK (+0.62%) is the most actively traded stock thus far with about 12million units of shares accounting for about 22% 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.
