October 5, 2020/InvestmentOne Update
ASI as at 12.00pm: +1.21%.
Market movers: ARDOVA (+9.09%), NEIMETH (+8.33%), TRIPPLEG (-10.00%) and CHAMS (-4.76%).
Sector Performances: Banking (+2.07%), Oil & Gas (+0.39%), Industrial (+0.37%) and Consumer Goods (+0.14%).
Market activity: In today’s early trade, total volume and value rose by 149% and 207% respectively, compared to last week Friday, as investors have traded about 266million units of shares worth approximately N3.28billion. ZENITHBANK (+2.49%) is the most actively traded stock thus far with about 122million units of shares accounting for about 46% 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.
