October 13, 2020/InvestmentOne Report
ASI as at 12.00pm: -0.10%.
Market movers: ROYALEX (-7.41%), PORTPAINT (-6.98%), ETERNA (+9.77%) and REGALINS (+9.09%).
Sector Performances: Banking (-0.72%), Consumer Goods (-0.24%), Industrial (-0.04%) and Oil & Gas.
Market activity: In today’s early trade, total volume declined by 2%, compared to this time yesterday, as investors have traded about 378million units of shares worth N2.89billion. REGALINS (+9.09%) is the most actively traded stock thus far with about 74million units of shares accounting for about 64% 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 the most sectors persist.
