September 17, 2020/InvestmentOne Update
ASI as at 12.00pm: -0.11%.
Market movers: CADBURY (-9.86%), DANGSUGAR (-5.88%), WAPIC (+9.09%), and ACADEMY (+7.41%).
Sector Performances: Consumer Goods (-0.59%), Oil & Gas (-0.23%), Banking (-0.22%) and Industrial.
Market activity: In today’s early trade, while total volume rose by 26%, total value fell by 61%, compared to yesterday, as investors have traded about 83million units of shares worth approximately N517illion. ZENITHBANK (-0.60%) is the most actively traded stock thus far with about 11million units of shares accounting for about 13% 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.
