August 14, 2020/InvestmentOne Update
ASI as at 12.00pm: -0.17%.
Market movers: IKEJAHOTEL (-7.69%) and TRANSCORP (-6.67%), MBENEFIT (+10.00%), CUTIX (+9.14%).
Sector Performances: Consumer Goods (-0.45%), Banking (-0.44%), Industrial (-0.05%) and Oil & Gas.
Market activity: In today’s early trade, total volume and value increased by 158% and 572% respectively, compared to this time yesterday as investors have traded about 271million units of shares worth about N3.04billion. UNILEVER (-3.85%) is the most actively traded stock thus far with about 47million units of shares accounting for about 24% 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.
