November 3, 2020/InvestmentOne Update
ASI as at 12.00pm: -0.23%.
Market movers: FLOURMILL (-5.20%), UACN (-4.67%), ABCTRANS (+9.68), LIVESTOCK (+8.99%).
Sector Performances: Banking (-1.06%), Consumer Goods (-0.29%), Industrial and Oil & Gas (+0.62%).
Market activity: In today’s early trade, while total volume fell by 4%, total value rose by 8% respectively compared to this time yesterday, as investors have traded about 130million units of shares worth N1.23billion. FBNH (-0.78%) is the most actively traded stock thus far with about 33million units of shares accounting for about 25% 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 major sectors persist.
