July 3, 2020/InvestmentOne Update
ASI as at 12.00pm: -0.02%.
Market movers: NEIMETH (-7.98%), NB (-5.82%), ROYALEX (+8.33%) and UNITYBNK (+4.00%).
Sector Performances: Consumer Goods (-1.04%), Banking (+0.92%), Industrial and Oil & Gas.
Market activity: In today’s early trade, total volume and value declined by 71% and 74% respectively, compared to this time yesterday as investors have traded about 16million units of shares worth about N185million. ZENITHBANK (-2.70%) is the most actively traded stock thus far with about 6million units of shares accounting for about 38% 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 losses in Consumer names persist.
