September 25, 2020/InvestmentOne Update
ASI as at 12.00pm: +0.63%.
Market movers: NB (+9.82%), NASCON (+9.50%), ROYALEX (-6.90%), and MANSARD (-4.86%).
Sector Performances: Consumer Goods (+2.40%), Banking (+1.05%), Oil & Gas (+0.28%) and Industrial (+0.13%).
Market activity: In today’s early trade, while total volume fell by 39%, total value rose by 35%, compared to this time yesterday, as investors have traded about 59million units of shares worth approximately N1.40billion. UBA (+0.82%) is the most actively traded stock thus far with about 14million units of shares accounting for about 24% 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 most sectors persist.
