October 27, 2020/InvestmentOne Report
ASI as at 12.00pm: +0.43%.
Market movers: CONOIL (+9.81), LIVESTOCK (+9.68%), PZ (-6.67%) and CAVERTON (-6.52%).
Sector Performances: Banking (+1.39%), Consumer Goods (+0.46%), Industrial (+0.41%), and Oil & Gas (+0.38%).
Market activity: In today’s early trade, while total volume rose by 30%, total value dipped by 55%, compared to yesterday, as investors have traded about 157million units of shares worth N1.28billion. FBNH (+0.71%) is the most actively traded stock thus far with about 36million units of shares accounting for about 23% 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 all sectors persist.
