August 6, 2020/InvestmentOne Report
ASI as at 12.00pm: -0.23%.
Market movers: UBN (-9.26%), WEMABANK (-1.92%), UAC-PROP (+9.52%) and JAPAULOIL (+4.55%).
Sector Performances: Banking (-0.45%), Industrial (-0.67%), Consumer Goods (-0.03%), and Oil & Gas.
Market activity: In today’s early trade, total volume and value decreased by 74% and 73% respectively, compared to this time yesterday as investors have traded about 51million units of shares worth about N367million. FBNH is the most actively traded stock thus far with about 16million units of shares accounting for about 31% of the total volume.
Likely close: In the absence of significant gains in the prices of DANGCEM and MTN, the market may close down today if the losses in most sectors persist.
