August 3, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.02%.
Market movers: NEIMETH (+10.00%), HONYFLOUR (+5.00%), UACN (-10.00%) and UNITYBNK (-9.84%).
Sector Performances: Banking (+0.26%), Consumer Goods (+0.06%), Oil & Gas, and Industrial.
Market activity: In today’s early trade, total volume and value increased by 154% and 93% respectively, compared to last week Wednesday as investors have traded about 61million units of shares worth about N411million. FBNH (+2.00%) is the most actively traded stock thus far with about 8million units of shares accounting for about 13% of the total volume.
Likely close: In the absence of significant losses in the prices of DANGCEM and MTN, the market may close up today if the gains in Consumer and Banking names persist.
