November 6, 2020/InvestmentOne Report
ASI as at 12.00pm: -0.44%.
Market movers: JAPAULOIL (-8.00%), FLOURMILL (-5.62%), CILEASING (+9.60%) and LIVESTOCK (+9.28%).
Sector Performances: Industrial (-1.96%), Consumer Goods (-0.25%), Oil & Gas (-0.04%) and Banking (+0.76%).
Market activity: In today’s early trade, while total volume rose by 45%, total value dipped by 63% compared to this time yesterday, as investors have traded about 265million units of shares worth N1.29billion. OMOMORBNK is the most actively traded stock thus far with about 140million units of shares accounting for about 53% 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 across most sectors persist.
