August 25, 2020/InvestmentOne Report
ASI as at 12.00pm: -0.04%.
Market movers: BETAGLAS (-9.99%), MAYBAKER (-9.90%), JBERGER (+3.03%), and LASACO (+3.03%).
Sector Performances: Banking (-0.17%), Industrial (-0.09%), Oil & Gas (-0.04%), and Consumer Goods (+0.16%).
Market activity: In today’s early trade, while total volume increased by 146%, total value dropped by 55%, compared to this time yesterday, as investors have traded about 128million units of shares worth about N404million. TRANSCORP (-1.79%) is the most actively traded stock thus far with about 82million units of shares accounting for about 66% 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.
