June 24, 2020/InvestmentOne Update

ASI as at 12.00pm: +0.01%. 

Market movers:  CHAMS (+9.52%), UNITYBNK (+9.26%).REDSTAREX (-9.86%) and  NEIMETH (-9.52%).

Sector Performances: Banking (+0.08%), Consumer Goods (-0.16%), Industrial and  Oil & Gas.

Market activity: In today’s early trade, total volume and value increased by 136% and 98% respectively, compared to this time yesterday as investors have traded about 78million units of shares worth about N561million. FBNH (+0.95%) is the most actively traded stock thus far with about 42million units of shares accounting for about 54% 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 the Banking names persist.